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It's done: NTT Data to relocate North American headquarters to Plano's Legacy West

January 17, 2017

Global IT services giant NTT Data International plans to move its North American headquarters into Plano's Legacy West as part of a major consolidation after the company acquired Plano-based Dell Services for $3.1 billion in November.

NTT Data signed a five-floor lease totaling 126,715 square feet for 41 percent of One Legacy West, which is under construction within the $3.2 billion, 255-acre Legacy West mixed-use development. The lease runs for more than a decade.

The IT services giant plans to open its new North American headquarters in early summer upon completion of the 14-story, 307,824-square-foot office tower at 7950 Legacy Drive.

The Japanese-based IT company plans to move 600 workers — including some new hires and relocations from other Plano locations and throughout the country — to One Legacy West upon completion of the office space.

"With our recent acquisition of Dell Services, we're able to bring two local IT services leaders together into one headquarters, which resulted in the need to expand facilities," said NTT Data CEO John McCain, in a written statement.

"Dallas-Fort Worth is an incredibly rich market for IT services, and the workforce availability for our industry is second to none," he added.

The company has an office in nearby Granite Park and now owns Dell's campus within the same submarket. NTT Data has more than 100,000 employees in 50 countries.

The deal was the perfect marriage between a 21st century building and a prominent IT company, said Belinda Dabliz, vice president for leasing at Dallas-based Gaedeke Group, which is developing One Legacy West.

Dabliz represented the developer and landlord, Gaedeke Group in the lease deal. Steve Jarvie and Damian Rivera of Dallas-based E Smith Realty Partners represented NTT Data in the deal.

E Smith Realty Partners also negotiated economic incentives for the deal from the state of Texas and Plano. Details of the incentive packages were not immediately available Tuesday.

Mayor Harry LaRosiliere said the city looks forward to partnering with NTT Data as the relationship between the company and city grows.

The office tower will include an on-site chef and a catering team, as well as a tenant lounge with two fireplaces, fitness center, conference center and many other amenities.

It also has a six-story attached parking garage designed by Dallas-based Morrison Dilworth + Walls. Want to take a look inside construction? Check out the attached slideshow.

Candace Carlisle covers real estate for the Dallas Business Journal.

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