Plano Sees Surge in Corporate Office Leases as Economic Growth Accelerates in 2025

Collin County News

April 11, 2025 Maverick Tax Guardians

Plano, Texas, is experiencing a significant increase in corporate office leasing activity in early 2025, highlighting the city’s growing appeal for businesses and its strong economic momentum.

Key Corporate Moves

Several high-profile companies have recently made substantial moves to Plano:

Sally Business Holdings has relocated its headquarters to a massive 140,000-square-foot space within the Liberty Mutual campus, marking the largest office lease in the city so far this year.
Simpson Strong-Tie has expanded its operations, leasing 38,372 square feet at Granite Park 6, adding to the growing list of companies choosing to establish themselves in the area.

Granite Park Continues to Attract Big Names

Granite Park has emerged as a major hotspot for corporate tenants in Plano, with several well-known companies signing leases in 2025. This includes new additions that further cement the location’s reputation as a prime destination for office spaces.

Redevelopment Plans Boost Plano’s Appeal

In addition to the surge in corporate leases, Plano is undergoing a significant transformation. The former JCPenney headquarters is being redeveloped into a mixed-use development, which will include luxury apartments, office spaces, hotels, and retail areas. This project is expected to add even more vibrancy and allure to the city, making it an even more attractive option for businesses and residents alike.

What This Means for Plano’s Future

The surge in corporate office leasing combined with the ongoing redevelopment projects reflects Plano’s continued growth and its position as a key player in the North Texas business landscape. As more companies expand into the area and new developments take shape, Plano is solidifying its place as a top destination for businesses looking to grow and thrive.

source
This news article is based on information from:
Community Impact -“Corporate office leases surge in Plano in 2025” (April 7, 2025). Retrieved from:https://communityimpact.com/dallas-fort-worth/plano-north/development/2025/04/07/corporate-office-leases-surge-in-plano-in-2025/