Light Reading
The company's fadeout has a lot of milestones, but this is one of the most visible

Nortel Sells Out in Dallas

Craig Matsumoto
News Analysis
Craig Matsumoto
5/25/2011
50%
50%

The Nortel story is finally winding down, isn't it? The patents sale is schedule for June 20 and will be the company's last big transaction.

And now Nortel's campus in Richardson, Texas, has been sold for $43 million, as reported in Dallas's D magazine.

Nortel doesn't get any of that; the campus was placed in the hands of creditors earlier.



Buildings like this are icons, even more so when the company is gone and the logo still towers over the freeway. I presume the building has been empty all this time; the buyer, Pillar Commercial, has eyes on putting a new Fortune 500 tenant in there.

It would be interesting to see which is the last Nortel-logoed building standing. Does Nortel still have properties in Ottawa? I can't recall.

— Craig Matsumoto, West Coast Editor, Light Reading

(16)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
Page 1 / 2   >   >>
Pete Baldwin
50%
50%
Pete Baldwin,
User Rank: Light Beer
12/5/2012 | 5:04:17 PM
re: Nortel Sells Out in Dallas


Around Santa Clara, I think the last of the ex-Nortel spaces got leased out a long time ago. I remember we posted Nick Lippis's photo of the ex-ex-SynOptics building getting changed to Avaya.


http://www.lightreading.com/blog.asp?doc_id=186999


During the bubble, Nortel expanded to some other leased offices right near Intel, IIRC. I don't think those lasted long.

Grizzly709
50%
50%
Grizzly709,
User Rank: Light Beer
12/5/2012 | 5:04:17 PM
re: Nortel Sells Out in Dallas


Federal Government of Canada already owns the last large campus in Ottawa.  A pity....

Pete Baldwin
50%
50%
Pete Baldwin,
User Rank: Light Beer
12/5/2012 | 5:04:15 PM
re: Nortel Sells Out in Dallas


> Federal Government of Canada already owns the last large campus in Ottawa.  A pity....


Ah, that is a pity. Seems like an unglorious end.


Then again, are campuses in vogue for companies these days? Forget Google. I mean regular companies.  I seem to remember a point in the '90s where anybody building a campus was doomed. It was a lot like stadium-naming rights.


Michelle Donegan
50%
50%
Michelle Donegan,
User Rank: Light Beer
12/5/2012 | 5:04:15 PM
re: Nortel Sells Out in Dallas


I saw a Nortel-logoed building when I was in Frankfurt recently, but I don't know what was or is still there.

jeffreyrobertson
50%
50%
jeffreyrobertson,
User Rank: Light Beer
12/5/2012 | 5:04:13 PM
re: Nortel Sells Out in Dallas


But it still has a Nortel logo, next to all the other logos (Ciena, Ericsson, Avaya) and (I believe) still some Nortel staff doing "transition support" for the other guys.

moon_shot
50%
50%
moon_shot,
User Rank: Light Beer
12/5/2012 | 5:04:12 PM
re: Nortel Sells Out in Dallas


When Genband opened HQ in Frisco the death knell for Richardson as Telecom Corrirdor was gonged.


HP, Genband, Ericsson, Symantec, others are ALL in far North Plano on the tollway near Frisco border.  Frisco is where all their employees live.  Huge mall (yuck) lots of new housing, new schools and every chain restaurant you'd ever want.


The Richardson era is over.  Old buildings, schools overrun, NT buildings now housing Sherman Williams paint and other old line companies.


MetroPCS is still in the old MCI building, but they'll realize soon they made a mistake and move NW to where their employees live.


Sad to see it happen for Richardson, but it's time to move the remaining tech companies NW to Frisco.  Talent pool in Richardson has moved on to where the tech jobs are.

Michelle Donegan
50%
50%
Michelle Donegan,
User Rank: Light Beer
12/5/2012 | 5:04:11 PM
re: Nortel Sells Out in Dallas


Yes, that's it. I was near the airport when I saw it. Sad indeed...

NoCopper
50%
50%
NoCopper,
User Rank: Light Beer
12/5/2012 | 5:04:11 PM
re: Nortel Sells Out in Dallas


You mean the "Main Airport Center" building, close to Frankfurt Airport. As far as I know there is still some Nortel admin staff there, winding down Nortel Germany.  E&Y has an office there, they will be the last ones walking out.


Really sad....

Carol Wilson
50%
50%
Carol Wilson,
User Rank: Blogger
12/5/2012 | 5:04:07 PM
re: Nortel Sells Out in Dallas


Sad, indeed. That's when you know you are getting old, when an area that was once young and hot is relegated to second-class status. I remember, in the post-divestiture days, when Nortel and companies such as DSC Communications, Rockwell, Fujitsu, Alcatel and Nokia were build facilities in Richardson. There was a large hotel there - a Sheraton, I think -- where you could sit in the bar and overhear remarkable stuff, including tons of fun rumors.


I think I developed my fondness for chardonnay in that hotel bar, or at least, honed it.

AUenROD
50%
50%
AUenROD,
User Rank: Light Beer
12/5/2012 | 5:04:05 PM
re: Nortel Sells Out in Dallas


There was a Nortel sign on the building just behind the Hyatt near Dulles (IAD) airport until about 3 months ago.  It is gone now.  I'm relatively sure that the operation there was shut down some time ago though.  It wasn't that big (~ 10 - 20 people) when I was in it about 4 years ago to use their conference room.  The facilities person was tickled at that point for additional justification to keep the place lit.

Page 1 / 2   >   >>
Flash Poll
LRTV Custom TV
A New Security Paradigm in SDN/NFV

7|28|14   |   02:54   |   (0) comments


Paul Shaneck, Global Director Network Solutions for Symantec, discusses the evolving virtualized network, explaining how Symantec is leading the security discussion as it relates to SDN and NFV, and helping to ensure the network is protected and compliant.
LRTV Documentaries
Sprint's Network Evolution

7|24|14   |   14:59   |   (0) comments


Sprint's Jay Bluhm gives a keynote speech at the Big Telecom Event (BTE) about Sprint's network and services evolution strategy, including Spark.
LRTV Documentaries
BTE Keynote: The Software-Defined Operator

7|24|14   |   18:43   |   (1) comment


Deutsche Telekom's Axel Clauberg explains the concept of the software-defined operator to the Big Telecom Event (BTE) crowd.
Light Reedy
Numbers Are In: LR's 2014 Salary Survey

7|24|14   |   1:25   |   (7) comments


Our fourth annual Salary Survey paints a picture of who's hiring, firing, earning, and yearning for a change in the telecom industry.
LRTV Custom TV
Driving the Network Transformation

7|23|14   |   4:29   |   (0) comments


Intel's Sandra Rivera discusses network transformation and how Intel technologies, programs, and standards body efforts have helped the industry migration to SDN and NFV.
LRTV Custom TV
Distributed NFV-Based Business Services by RAD

7|18|14   |   5:38   |   (0) comments


With the ETSI-approved Distributed NFV PoC running in the background, RAD's CEO, Dror Bin, talks about why D-NFV makes compelling sense for service providers, and about the dollars and cents RAD is putting behind D-NFV.
LRTV Custom TV
MRV – Accelerating Packet Optical Convergence

7|15|14   |   6:06   |   (0) comments


Giving you network insight to make your network smarter.
LRTV Custom TV
NFV-Enabled Ethernet for Generating New Revenues

7|15|14   |   5:49   |   (0) comments


Cyan's Planet Orchestrate allows service providers and their end-customers to activate software-based capabilities such as firewalls and encryption on top of existing Ethernet services in just minutes.
LRTV Custom TV
Symkloud NVF-Ready Video Transcoding, Big Data

7|9|14   |   3:41   |   (0) comments


Kontron and ISV partner Vantrix demonstrate high-performance video transcoding and data analytic solutions on same 2U standard platform that is ready for SDN and NFV deployments made by mobile, cable and cloud operators.
LRTV Huawei Video Resource Center
The Evolving Role of Hybrid Video for Competitive Success

7|4|14   |   4:09   |   (0) comments


At Huawei's Global Analysts Summit in Shenzhen, China, Steven C. Hawley from TV Strategies speaks to us about the evolving role of hybrid video for competitive success.
LRTV Huawei Video Resource Center
How CSPs Leverage Big Data in the Digital Economy

7|4|14   |   4:48   |   (2) comments


Justin van der Lande from Analysys Mason shares with us his views on how telecom operators can leverage customer asset monetization with big data. His discusses the current status of big data applications and the challenges and opportunities for telecom operators in the digital economy era.
LRTV Huawei Video Resource Center
Accelerator for Digital Business – Future Oriented BSS

7|4|14   |   3:08   |   (0) comments


Mobile and internet are becoming intertwined; IT and CT are integrating; and leading CSPs have begun to transform to information service and entertainment providers. How should the BSS system evolve to enable this transformation? Karl Whitelock, an analyst at Frost & Sullivan, shares his views.
Upcoming Live Events!!
September 16, 2014, Santa Clara, CA
September 16, 2014, Santa Clara, CA
October 29, 2014, New York City
November 6, 2014, Santa Clara
November 11, 2014, Atlanta, GA
December 9-10, 2014, Reykjavik, Iceland
Infographics
Packet Design asks network professionals how they handle the cloud, SDN, and network management.
Today's Cartoon
Vacation Special Caption Competition Click Here
Latest Comment
Hot Topics
Facebook: 30% of Users Are Mobile-Only
Mitch Wagner, West Coast Bureau Chief, Light Reading, 7/24/2014
Is Windstream Boldly Setting a New Trend?
Carol Wilson, Editor-at-large, 7/29/2014
Nokia Holds Steady in Q2, Raises Outlook
Ray Le Maistre, Editor-in-chief, 7/24/2014
U-verse Growth Slips But Still Strong
Alan Breznick, Cable/Video Practice Leader, 7/24/2014
Verizon Applies 3G Throttling Policy to LTE
Sarah Reedy, Senior Editor, 7/25/2014
Like Us on Facebook
Twitter Feed