Office Spec Project in Allen, Texas, Welcomes 1st Tenant

[ad_1] Dallas-based manufacturing firm Fibergrate lately relocated its headquarters to Allen, Texas, within the FarmWorks One constructing at The Farm in Allen. The producer is the primary tenant to occupy the speculatively developed venture.

The brand new Fibergate headquarters takes up 13,126 sq. toes (almost 13%) of the lately completed property. Incorporating 102,000 sq. toes of sophistication A, suburban Dallas workplace house throughout three tales, FarmWorks One was accomplished in 2024 on a virtually 3.4-acre parcel positioned at 1234 Johnson Highway. The property includes a three-story atrium foyer, an on-site health facility, personal balconies, an out of doors patio space, and work/play exterior plaza areas.

Nathan Durham and Duane Henley of Newmark represented JaRyCo, developer of FarmWorks One, whereas Anthony Delguyd of Hanna Business Actual Property teamed up with Mac Morse and Scott Morse of Citadel Companions on behalf of Fibergate.

FarmWorks One is located on a virtually 3.4-acre parcel at 1234 Johnson Highway. Property picture courtesy of CommercialEdge.com.

“Mac and the Citadel crew performed a pivotal function in negotiating favorable lease phrases and securing Financial Growth Company incentives,” stated Eric Breiner, president of Fibergate. “His experience within the native market and understanding of incentive applications ensured that we had been capable of optimize our leasing technique whereas making the most of accessible monetary incentives.

“Allen has a robust expertise pool and presents a top quality of life, which is essential for worker satisfaction. The FarmWorks One constructing and your complete improvement, particularly, stood out for its trendy facilities, and its vibrant, collaborative environment that aligns with our firm tradition. This new location will assist us entice and retain prime expertise by providing a dynamic and collaborative work atmosphere. The handy location, alongside the enticing facilities, helps a piece/life stability that at present’s professionals worth. The standard of the workplace house and the encircling space will assist us enchantment to high-caliber candidates and enhance retention.”

Dallas-Fort Value was one of many 10 best-performing U.S. workplace markets in Q1 2025. Builders right here delivered the third-most workplace house through the first three months of the 12 months, and the metro was certainly one of solely three main markets so as to add greater than 1 million sq. toes of recent workplace house throughout that point.

Final modified: Might 9, 2025

Earlier Story:Gilbane Indicators New Workplace Lease at Jamestown-Owned Arlington, Va., Constructing In regards to the Writer / Ioana Ginsac Ioana Gînsac is a inventive author protecting all-things-CRE for a number of Yardi community publications. Matters embrace business information and market stories, in addition to sustainable improvement, structure, urbanism, and extra. Her work has been referenced by publications together with AmericanInno, Bisnow, BusinessInsider, Business Property Government, Curbed, Quick Firm, Forbes, GlobeSt.