The New York Stock Exchange has reportedly signed a lease to base its Texas arm in Old Parkland.
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The New York Stock Exchange’s new Texas arm has ramped up quickly in recent weeks with the addition of more than three dozen dually listed companies and funds. Now, the exchange has apparently landed a physical home in one of the most prominent office developments in Dallas.
NYSE Texas has leased 28,000 square feet at Old Parkland, according to a Real Deal report citing a “source familiar with the deal.” Old Parkland, developed by Crow Holdings, is known for its Jeffersonian architecture and roster of deep-pocketed finance tenants, including family offices and private equity firms.
Representatives for NYSE Texas and Crow Holdings did not immediately respond to requests for comment.
Intercontinental Exchange Inc. (NYSE: ICE), the owner of the New York Stock Exchange, in February announced plans for NYSE Texas in another sign of the “Y’all Street” wave washing over Dallas-Fort Worth. The exchange has been quickly adding listings as it looks to get ahead of competition from Nasdaq and the planned Texas Stock Exchange.