Globe Life announced plans Monday to acquire a Class AA, six-story, 200,000 square-foot office building at 7677 Henneman Way and two adjacent tracts of land....
Crews work on a Globe Life Field logo on the roof of the stadium during an open house for the Texas Rangers' new Globe Life Field on Wednesday, March 11, 2020 in Arlington. Globe Life announced plans Monday to acquire a Class AA, six-story, 200,000-square-foot office building at 7677 Henneman Way and two adjacent tracts of land. SouthState Bank is the seller in the transaction, Globe Life said.
The Henneman Way office building was constructed in 2022 as Independent Bank’s headquarters. SouthState became the property’s owner after acquiring Independent in a $2 billion deal that closed last month.In addition to the office building, Globe Life will acquire more than nine acres of land to support the firm’s future growth in McKinney.
Globe Life’s current headquarters is at 3700 S. Stonebridge Drive, roughly four miles from the new site. Cushman & Wakefield’s Campbell Puckett, Ryan Hoopes, Bill McClung, Tucker Hume, Zach Bean and Chris Taylor represented Globe Life and SouthState Bank in the transaction.The Globe Life family of companies combined have more than 17 million policies in force, more than any other life insurance company in the country — excluding reinsurance companies. As of Dec. 1, 2023, Globe Life had 3,640 employees.
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