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Cushman & Wakefield Team Finalizes 26,528-SF Year-End Leases

DALLAS-Redback Networks and AmeriServe have sealed year-end deals in Frisco and Dallas, respectively. Redback's 11,506 sf represents an expansion while AmeriServe, in the midst of a bankruptcy, has signed for 15,022 of short-term space.

By Connie Gore | Updated on December 27, 2000

DALLAS-Redback Networks Inc. is joining the tenant lineup at Hall Office Park, located at 2595 Dallas Parkway in Frisco.

Cushman & Wakefield of Texas Inc.’s senior director Steve Thelen says the 11,506-sf lease represents a significant space increase for the provider of advanced networking systems. Redback has been operating out of a suburban office building off Preston Road in the North Dallas submarket.

The lease takes the park’s third building to full lease-up, says Thelen. Park owner Hall Financial Group has three buildings completed in the 320,000-sf initial phases of the project and two close to delivering. The Frisco park ultimately is expected to add four million sf of office tech space to the metroplex market. The development is located at the corner of Texas 121 and the Dallas North Tollway, one of the hottest intersections in the suburban markets. Virtually all of the available space in the first three buildings has been taken, Thelen told GlobeSt.com.

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