Globe Life is planning to relocate its corporate headquarters to 7677 Henneman Way in McKinney, Texas. The deal involves the acquisition of the office building from SouthState Bank in the moving process.
Along with the property, Globe Life will purchase two adjacent parcels of developable land—8 acres north of the building and 1.3 acres to the east.
Cushman & Wakefield represented Globe Life and SouthState Bank in the transaction. Bradley Arant Boult Cummings LLP also worked on behalf of Globe Life.
The building came online in 2022 and initially served as Independent Bank’s headquarters, before SouthState completed the acquisition of Independent at the start of 2025.
The future Globe Life headquarters
Globe Life will relocate from its current office at 3700 S. Stonebridge Drive, some 4 miles north of the future headquarters where it will also gain exterior building signage rights.
The six-story building has a LEED Silver certification and encompasses 200,000 square feet. The development team included KDC, Smith Group, Corgan and Kimley-Horn, among others. Amenities feature parking, a fitness center, a conference space for 350 people, as well as food and beverage areas.
The property is 30 miles north of downtown Dallas and has access to the Sam Rayburn Tollway. Dallas-Fort Worth International Airport is some 27 miles away.
Cushman & Wakefield Executive Directors Campbell Puckett and Zach Bean, Executive Managing Directors Bill McClung, Chris Taylor and Ryan Hoopes, together with Associate Tucker Hume worked on behalf of Globe Life and SouthState Bank in the transaction. Senior Attorney Krishan Patel and Partner Lauren Smyth with Bradley Arant Boult Cummings LLP also represented Globe Life.
The office investment volume in 2025 may experience a modest increase, but prices are likely to remain steady, a recent CommercialEdge report shows. Maturing loans on properties facing occupancy issues and ongoing inflation pressures will lead to a market dominated by distressed sales.