The GIS decision will create a 24/7 data center on the thirdfloor of Banner Place North at 12770 Coit Rd. in North Dallas."They are investing a lot of money into their data area toduplicate what they have in their headquarters office in Chapin,SC," says Michael J. Haase of Dallas-based Gaedeke Group.

Haase says GIS extensively shopped the market before settlingdown four months ago to negotiate the expansion deal with him andGaedeke's Belinda Dabliz, who lease the building for GaedekeHoldings II Ltd. "They're making an upfront investment to make thisdeal work for them," he says. He tells GlobeSt.com that GIS iskicking in $25 per sf to the owner's $20 per sf to $25 per sftenant improvement allowance.

Haase says GIS is retooling an outdated data center that oncehoused Argo Data Systems Inc. With the new deal, GIS now occupiesthe 11th floor, part of the 10th and all of the third in the12-story building, where the quoted rate is $19.50 per sf to $21per sf, full service.