SOUTHLAKE, TX-After nearly 15 months of talks, FidelityInvestments has inked a 10-year lease for a 101,934-sf class Aoffice building in Cedar Ridge Office Park. It's the third majorreal estate deal this year in the metroplex for the Boston-basedfinancial giant.

A Fidelity spokesman says the three-story shell, which justdelivered last month at 1150 N. Carroll Ave., builds in “a littlebit of flexibility and options” to its expansion in Dallas/FortWorth, where a $200-million, 600,000-sf office building is underconstruction at its Westlake campus in northeast Tarrant County.The Westlake building, which broke ground last month, is slated tocome on line in 2009.

Fidelity has just started the Cedar Ridge finish-out. Thebuilding will be ready to occupy in February or March. It's unclearif Fidelity's existing teams in Southlake will be uprooted to CedarRidge or the space will hold Westlake workers being relocated dueto the construction at the seven-year-old campus. Fidelity'sSouthlake sites consist of a retail site at 1256 Main St., one offour in North Texas, and a data center at 1576 E. SouthlakeBlvd.

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