Globe Life Announces Plans to Relocate Corporate Headquarters within McKinney, Texas, part of the Dallas-Fort Worth Market

Core Insights - Globe Life Inc. plans to relocate its corporate headquarters to McKinney, Texas, acquiring the property at 7677 Henneman Way along with adjacent developable land [1][2] - The relocation will retain over 2,000 jobs in McKinney and aims to support the company's growing policyholder base [1][2] - The new headquarters will feature a 200,000-square-foot, six-story Class AA office building with modern amenities, including a fitness center and conference center [2][3] Company Overview - Globe Life Inc. specializes in life and supplemental health insurance for the middle-income market, utilizing multiple distribution channels [5] - The company is committed to growth initiatives and enhancing service levels for its customers [2] Real Estate Transaction - The property was previously developed as Independent Bank's headquarters in 2022 before being acquired by SouthState Bank [2] - Globe Life will also acquire approximately 8 acres of developable land and an additional 1.3 acres to support future growth [3] Local Amenities - The McKinney area offers various amenities, including seven hotels, 79 restaurants, and 76 retail establishments within three miles of the new headquarters [3]