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Nokia Inks One of the Year's Largest Leases

Nokia signed a lease for 350,000 square feet in two buildings at The Sound at Cypress Waters: 100,000 square feet at 3100 Olympus Blvd. and 250,000 square feet at 3201 Olympus Blvd.

The Sound at Cypress Waters Nokia signed a lease for 350,000 square feet in The Sound at Cypress Waters.

DALLAS—In an effort to consolidate DFW operations and relocate its North American headquarters, Nokia signed a lease for 350,000 square feet in The Sound at Cypress Waters, according to the city and Billingsley Company, developer of Cypress Waters. Nokia will occupy two buildings in the new lakefront mixed-use neighborhood with office, apartments, retail and restaurants located on the water’s edge of the 362-acre North Lake.

Specifically, the company will occupy 100,000 square feet at 3100 Olympus Blvd., a multi-tenant building that is already home to Delta Companies and TAMKO, and 250,000 square feet at the second building located at 3201 Olympus Blvd.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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