Friday, August 12, 2016

International tech firm NTT Data eyes Plano’s Legacy West

One of the locations NTT Data is looking at is the
new One Legacy West tower in Plano, property agents say
NTT Data Corp. - a global high-tech firm that already has its North American headquarters in Plano - is shopping a new office building at Legacy West, real estate brokers say.
The Japan-based firm announced earlier this year that it is buying Dell Services, which also has a major operation in Plano.
NTT Data is considering plans to consolidate its Plano operations into about 150,000 square feet of office space, property agents say.
One of the locations near the top of its shopping list is the 14-story One Legacy West office building, which is under construction just across the street from Toyota's new North American headquarters in Legacy West on Legacy Drive.
The almost 328,000-square-foot high-rise is being developed by Gaedeke Group LLC and is scheduled to open at the end of this year.
NTT Data - a company formed by Japan's Nippon Telegraph and Telephone Corp. - which has had operations in Plano for  almost five years.
In 2014 it doubled the size of its Plano office and relocated to about 50,000 square feet in the Granite Park development at the Dallas North Tollway and State Highway 121.
In 2013 NTT Data said it was moving the headquarters from Boston to Dallas.
Along with Gaedeke's Legacy West building, NTT Data is also considering an expansion of its current offices at Granite Park.
Representatives with Dallas-based property firm E Smith Realty Partners, which is advising NTT Data on its North Texas office needs, said the company has not yet made a decision about its office consolidation.
NTT Data has also reportedly looked at the Dallas Cowboys' Star development in Frisco.
Officials with developer Gaedeke Group declined to comment about any pending transactions in their new building.
If NTT Data picks the $3 billion Legacy West development, it would join with some of North Texas' fastest growing and best know employers.
Along with Toyota's new campus, Legacy West will be home to a $325 million regional office complex for Liberty Mutual Insurance.
And JPMorgan Chase is building a $300 million, more than 1 million-square-foot campus at Legacy West that will eventually house almost 6,000 workers.
FedEx Office has already moved its world headquarters into a new building at Legacy West. 
Written by Steve Brown/Dallas Morning News