Like a good neighbor, State Farm is no longer going to be there.
http://www.dallasnews.com/business/c...ea-offices.ece
"A major business relocation is underway to North Texas, but you probably haven’t heard.
It’s one of the biggest stories in the Dallas-area real estate market and will ultimately involve thousands of workers.
No one at State Farm Insurance is talking about exactly who’s going into the more than 1 million square feet of office space they have rented during the last six months in North Texas.
The company also has leased another 1.5 million square feet of offices in new buildings recently announced for construction in Richardson’s Telecom Corridor.
Just that 1.5 million-square-foot office complex can house as many as 5,000 employees.
So where are they coming from?
Again, State Farm is mum.
“We are continuing to make decisions on the number of employees that will occupy this facility and do not have final numbers at this time,” a State Farm spokesman said when the company first started renting office space last August. “Exactly when this new facility will be open is yet to be determined.”
And when State Farm rented two more big buildings in Irving, the company only said “we are continuing to make decisions on the number of employees that will occupy these facilities and do not have final numbers at this time.”
Real estate agents who are working with State Farm employees moving to Dallas and property brokers who closely watch the deal say that hundreds of the insurance company’s workers from out of state will be shifted to the new Richardson and Irving operations this year.
The new North Texas facilities will become a super regional office for State Farm, which has almost 70,000 workers in total."