Reata Puts Planned New Texas HQ on Sublease Market

The newest tower in Plano, a suburb north of Dallas, is on the sublease market. Reata Pharmaceuticals has a long-term lease on the just-completed, 20-story tower at 6100 Legacy Drive, the Dallas Morning News reported. Reata was set to move its current Plano headquarters to the new 327,000-square-foot building this summer. After a US Food and Drug Administration decision didn’t go its way and its stock traded down 80 percent from where it was last summer, the company thought better of the move….

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