Florida-Based Tech Company Inks A 31K SF Lease Expansion In Addison

Addison Circle One
Courtesy of CBRE
Addison Circle One

Cyxtera Technologies expanded its lease in Far North Dallas by 31K SF to house its rapidly expanding business.

Cyxtera acquired the original space at Addison Circle One, a 289K SF Class-A office building in Addison, through the acquisition of Brainspace, an investigative analytics company in May. The new lease totals over 45K SF. Cyxtera operates two data centers in Dallas and has 57 facilities worldwide.

“Dallas is an important market and center of operations for us,” Cyxtera President of Data Center Services Randy Rowland said in a statement. “This new space will support a world-class Executive Briefing Center and accommodate our expanding Texas workforce.”

CBRE’s Baron Aldrine, Mike Kay and Campbell Puckett represented Cyxtera. Cushman & Wakefield’s Trey Smith and Chris Taylor represented Franklin Street Properties Corp., the owner of Addison Circle One.

CORRECTION, FEB. 26, 5:30 P.M. CT: A previous version of this article misspelled the name of one of the CBRE team members. The article has been updated.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

Taiwan Semiconductor Manufacturing Co. Could Expand In North Texas

GGP To Redevelop Former Dick's Sporting Goods Store At Frisco's Stonebriar Centre

4,500-Acre Data Center District Approved In Pennsylvania Town

Georgia's Utility Board Race Could Reshape Nearly 20 GW Pipeline Of Data Centers

How Terrell Is Transforming Into A DFW Aerospace Powerhouse

Charlotte Extends Data Center Moratorium For 11 More Months

Anthropic Plans To Lease Its Own Data Centers, Cutting Reliance On Amazon, Google And Microsoft

Younger Partners Buys 261K SF Terrell Power Center: The DFW Deal Sheet

AI Boom Keeps Data Center Supply Chains Stretched To The Breaking Point

'Office Is Back' As Corporate Relocations Continue To Fuel Demand In Collin County

KDC Pursues $3.5B In Financing For AT&T's Huge HQ Campus In Plano

Data Centres Face ESG Challenges, But Mitigation Can Create Opportunities