{"id":42558,"date":"2025-05-12T07:37:05","date_gmt":"2025-05-12T04:37:05","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=42558"},"modified":"2025-11-12T18:41:23","modified_gmt":"2025-11-12T15:41:23","slug":"office-spec-project-allen-texas-welcomes-first-tenant","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/office-spec-project-allen-texas-welcomes-first-tenant\/","title":{"rendered":"Office Spec Project in Allen, Texas, Welcomes 1st Tenant"},"content":{"rendered":"
[vc_row][vc_column][vc_column_text css=””]Dallas-based manufacturing company Fibergrate recently relocated its headquarters to Allen, Texas, in the FarmWorks One building at The Farm in Allen. The manufacturer is the first tenant to occupy the speculatively developed project.<\/p>\n

The new Fibergate headquarters takes up 13,126 square feet (nearly 13%) of the recently finished property. Incorporating 102,000 square feet of class A, suburban Dallas office space<\/a> across three stories, FarmWorks One was completed in 2024 on a nearly 3.4-acre parcel located at 1234 Johnson Road. The property features a three-story atrium lobby, an on-site fitness facility, private balconies, an outdoor patio area, and work\/play outside plaza areas.<\/p>\n

Nathan Durham and Duane Henley of Newmark represented JaRyCo, developer of FarmWorks One, while Anthony Delguyd of Hanna Commercial Real Estate teamed up with Mac Morse and Scott Morse of Citadel Partners on behalf of Fibergate.<\/p>\n

\"Farm<\/a>

FarmWorks One is situated on a nearly 3.4-acre parcel at 1234 Johnson Road.<\/em><\/p><\/div>\n

\u201cMac and the Citadel team played a pivotal role in negotiating favorable lease terms and securing Economic Development Corporation incentives,\u201d said Eric Breiner, president of Fibergate. \u201cHis expertise in the local market and understanding of incentive programs ensured that we were able to optimize our leasing strategy while taking advantage of available financial incentives.<\/p>\n

\u201cAllen has a strong talent pool and offers a high quality of life, which is crucial for employee satisfaction. The FarmWorks One building and the entire development, in particular, stood out for its modern amenities, and its vibrant, collaborative atmosphere that aligns with our company culture. This new location will help us attract and retain top talent by offering a dynamic and collaborative work environment. The convenient location, alongside the attractive amenities, supports a work\/life balance that today\u2019s professionals value. The quality of the office space and the surrounding area will help us appeal to high-caliber candidates and improve retention.\u201d<\/p>\n

Dallas-Fort Worth was one of the 10 best-performing U.S. office markets in Q1 2025<\/a>. Developers here delivered the third-most office space during the first three months of the year, and the metro was one of only three major markets to add more than 1 million square feet of new office space during that time.[\/vc_column_text][\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"

The speculatively built project was completed in 2024 and is now welcoming its first tenant, as Fibergate relocates its headquarters to The Farm in Allen in the FarmWorks One building. <\/p>\n","protected":false},"author":48,"featured_media":42560,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[37,4014,39],"tags":[],"class_list":["post-42558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-featured","category-office","wpautop"],"acf":[],"yoast_head":"\nSuburban 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