State Farm confirmed Thursday it has signed a lease for 1.5 million square feet of office space, the largest office lease recorded in Dallas history.
Earlier this month, the Bloomington, Ill.-based insurance company announced it had signed on KDC’s massive $1.5 billion mixed-use, transit-oriented development in Richardson near North Central Expressway and President George Bush Turnpike.
Beyond confirming the deal this afternoon, State Farm spokeswoman Patti Kelly declined to give further comment.
The new State Farm office would likely serve as a large regional office with and existing employees.
Some real estate sources have wondered if State Farm could be looking at a larger corporate move, but previously Kelly said State Farm is not moving its headquarters to Texas.
