Friday, March 29, 2024 Mar 29, 2024
71° F Dallas, TX
Advertisement
Office

Today’s Deal: GEICO’s 233,000 SF Lease in Richardson

The country’s second-largest auto insurer has leased 233,000 square feet of space at 2280 North Greenville Avenue in Richardson.
By |

North Texas seems to be turning into an insurance hub. The region has seen relocations and expansions from companies like State Farm, Liberty Mutual, Blue Cross and Blue Shield, and Travelers; now, GEICO is making a move, too.

The country’s second-largest auto insurer has leased 233,000 square feet of space at 2280 North Greenville Avenue in Richardson. More than 1,600 local employees will move to the building, which at one time served as a headquarters for Fossil.

GEICO was formed in Texas in the 1930s. It’s now based in Chevy Chase, Maryland, and owned by Warren Buffett’s Berkshire Hathaway.

The company was represented in its search by Griff Bandy and Jon Silberman of NAI Partners and Tom Lynn and Nick Lee of NAI Robert Lynn. Chuck Sellers of Avison Young and Lauren Perry of Peloton Commercial Real Estate represented the landlord, CNL Commercial Real Estate.

Related Articles

Image
Arts & Entertainment

Here’s Who Is Coming to Dallas This Weekend: March 28-31

It's going to be a gorgeous weekend. Pencil in some live music in between those egg hunts and brunches.
Image
Arts & Entertainment

Arlington Museum of Art Debuts Two Must-See Nature-Inspired Additions

The chill of the Arctic Circle and a futuristic digital archive mark the grand opening of the Arlington Museum of Art’s new location.
By Brett Grega
Image
Arts & Entertainment

An Award-Winning SXSW Short Gave a Dallas Filmmaker an Outlet for Her Grief

Sara Nimeh balances humor and poignancy in a coming-of-age drama inspired by her childhood memories.
By Todd Jorgenson
Advertisement