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PLANO (CBSDFW.COM/AP) — Regent Properties has completed its purchase of the 84-acre former Texas Instruments Inc. campus in Plano.

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Los Angeles-based Regent plans to convert the site north of Dallas into an office and mixed-use complex as part of a $120 million redevelopment.

Dallas-based TI had nearly 1 million square feet of buildings at the site, along U.S. 75 and Legacy Drive.

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The acquisition was completed in December. Details were announced Tuesday on the project to be known as Legacy Central.

In October, TI beat their third quarter forecasts — with a profit of $798 million.

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