MCKINNEY, Texas, Feb. 3, 2025
/PRNewswire/ -- Globe Life Inc. (NYSE: GL) has announced plans to
relocate its corporate headquarters and is slated to acquire 7677
Henneman Way in McKinney as well
as two tracts of developable land adjacent to the property.
SouthState Bank is the seller in the transaction.
With the relocation, Globe Life retains over 2,000 jobs in
McKinney and plans to continue
growing its workforce over time to support its growing policyholder
base.
"We are excited to announce the relocation plans of our
corporate headquarters as they will provide an opportunity to
update and modernize our workspace for our valued employees," said
Globe Life Co-Chairman & CEO, Matt
Darden. "This move represents our commitment to continued
growth initiatives, to providing the highest level of service to
our customers, and our investment in the future of Globe Life and
our employees."
The 200,000-square-foot, six-story Class AA office building at
7677 Henneman Way was recently developed as Independent Bank's
headquarters in 2022 before SouthState Bank's acquisition of
Independent. In-building amenities include dedicated and secured
parking, a state-of-the-art fitness center, food and beverage
centers, and a conference center that accommodates up to 350
people. Additionally, Globe Life will establish exterior building
signage at the property, which fronts the Sam Rayburn Tollway and
its daily traffic count of over 109,000 vehicles.
Nearby, McKinney amenities
within three miles include seven hotels, 79 restaurants and 76
retail establishments.
In addition to securing 7677 Henneman Way, Globe Life will
acquire a tract of developable land totaling approximately 8 acres,
which is located immediately north of the building and adjacent to
its parking deck, as well a neighboring tract to the east totaling
1.3 acres, all to support Globe Life's future growth in
McKinney.
Cushman & Wakefield's Campbell Puckett, Ryan Hoopes, Bill
McClung, Zach Bean, and
Chris Taylor represented Globe Life
and SouthState Bank in the transaction. Bradley
Arant Boult Cummings LLP's Krishan
Patel and Lauren Smyth also
represented Globe Life.
About Globe Life
Globe Life Inc. is a holding company specializing in life and
supplemental health insurance for the middle-income market
distributed through multiple channels, including direct to consumer
and exclusive and independent agencies.
About Cushman & Wakefield
Cushman & Wakefield is a leading global commercial real
estate services firm for property owners and occupiers with
approximately 52,000 employees in nearly 400 offices and 60
countries. In 2023, the firm reported revenue of $9.5 billion across its core services of
property, facilities and project management, leasing, capital
markets, and valuation and other services. It also receives
numerous industry and business accolades for its award-winning
culture. For additional information, visit
www.cushmanwakefield.com.
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SOURCE Globe Life Inc.
