JLL announced that Centersquare has leased 30,342 square feet at Cypress Waters. Located at 3100 Olympus Blvd. in Coppell, Texas, this new space will serve as the new headquarters for approximately 150 employees of Centersquare, a provider of colocation, connectivity and infrastructure solutions.
The relocation comes on the heels of the successful acquisition of Cyxtera by Evoque Data Center Solutions in January, prompting an urgent need to triple its current space and find a pre-built solution to accommodate its expanding workforce. The combined company announced its new brand, Centersquare, earlier this month.
Cypress Waters is a 1,000-acre sustainable, mixed-use, master-planned community with commercial office, retail, multi-family residences, and three schools. Additionally, there is an array of amenities and regularly scheduled events for tenants including a fitness center, conference center, walkability to a variety of lakeside restaurants, a concert venue and outdoor green spaces with bike and walking trails.
JLL’s Cribb Altman, Managing Director, and Curt Holcomb, Managing Director, represented the tenant, Centersquare. Steve Wentz, Travis Boothe and Spencer Oster with Cushman & Wakefield represented the sublandlord.
