Cushman & Wakefield of Texas Inc.'s senior director SteveThelen says the 11,506-sf lease represents a significant spaceincrease for the provider of advanced networking systems. Redbackhas been operating out of a suburban office building off PrestonRoad in the North Dallas submarket.

The lease takes the park's third building to full lease-up, saysThelen. Park owner Hall Financial Group has three buildingscompleted in the 320,000-sf initial phases of the project and twoclose to delivering. The Frisco park ultimately is expected to addfour million sf of office tech space to the metroplex market. Thedevelopment is located at the corner of Texas 121 and the DallasNorth Tollway, one of the hottest intersections in the suburbanmarkets. Virtually all of the available space in the first threebuildings has been taken, Thelen told GlobeSt.com.

Thelen is one of two Cushman & Wakefield brokers whorepresented Redback while Hall Financial has used an in-houseleasing representative for the negotiations.