Fidelity's 10-Year Pact Lights 101,934-SF Shell

SOUTHLAKE, TX-After nearly 15 months of talks, Fidelity Investments has inked a 10-year lease for a 101,934-sf class A office building in Cedar Ridge Office Park. It’s the third major real estate deal this year in the metroplex for the Boston-based financial giant.

A Fidelity spokesman says the three-story shell, which just delivered last month at 1150 N. Carroll Ave., builds in “a little bit of flexibility and options” to its expansion in Dallas/Fort Worth, where a $200-million, 600,000-sf office building is under construction at its Westlake campus in northeast Tarrant County. The Westlake building, which broke ground last month, is slated to come on line in 2009.