Reit Magazine - January/February 2021 - 8

FRESH
VISION

CyrusOne CEO Bruce Duncan brings decades
of experience to a REIT with global ambitions.
BY DAWN WOTAPKA

W

HEN CYRUSONE INC. (Nasdaq: CONE) selected Bruce

Duncan as president and CEO last summer, the data
center industry outsider brought with him an extensive
commercial real estate record-spanning more than four decades
and multiple sectors-that the REIT considered key for its
continued growth and international expansion.
During his career, Duncan has
served as CEO and director of multiple
public companies including: Cadillac
Fairview Corp.; Equity Residential
(NYSE: EQR); Starwood Hotels &
Resorts Worldwide, Inc.; and First
Industrial Realty Trust, Inc.
(NYSE: FR).
CyrusOne, however, marks a new
chapter for Duncan. The Dallasbased REIT, which began trading on
the Nasdaq Exchange in 2013, has
a market capitalization topping $8
billion. The company builds and operates data center facilities across the
United States, Europe, and Asia, and
counts among its customers 200 of the
Fortune 1000 companies and nearly
half of the Fortune 20. Enterprise and
hyperscale customers each account

8|

reit

for approximately half of the business,
with a tenant roster spread across sectors including information technology,
financial services, health care, and
consumer staples.
Duncan spoke with REIT magazine
on a range of issues including his
background, the challenges and opportunities facing CyrusOne today, and
the importance of mentorship.
How has the variety of your
background equipped you
to lead CyrusOne?
I have been very fortunate to have had
the opportunity to be CEO of five publicly traded companies-all in different
product types-as well as director of
some others, which has given me a
broad perspective.

Q

Up Close
Name
Bruce Duncan
Family
Wife, Deborah, and
daughters Britt
and Cat
Education
BA in economics
from Kenyon College
and MBA from the
University of Chicago
Activities & Hobbies
Travel, golf, and tennis
Organizations
Supported
Lifetime trustee of
the Rush University
Medical Center in
Chicago



Reit Magazine - January/February 2021

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Reit Magazine - January/February 2021 - Contents
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