Commercial Real Estate Market Stats for Allen, TX

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Notable Relocations & Expansions

New Developments

100,000 SF Class A tech-friendly office building on the south side of the Watters Creek District

• Four stories with 25,000 SF floor plates

• 4/1,000 parking garage

• Located within Watters Creek Village, the outdoor lifestyle center with over 50 shops and restaurants

• Opened Q1 2023

Leasing information: Sayres Heady at (972) 661-1606.

One Bethany West at Watters Creek

200,000 SF Class A office building is the third at the 17-acre One Bethany at Watters Creek campus

• Eight stories with 4/1,000 parking garage

• Walking distance to Watters Creek Village

• Opened in 2020 with anchor tenant Highlands Residential Mortage

• Adjacent to One Bethany East; fully leased

Leasing information: Dillon Buhrkuhl and Nina Oroza at (972) 437-2444.

| Latest Deals & Commercial Real
Market The Place to Raise Your Business TURN OVER FOR Commercial Market Stats Company Description Jobs SF Investment Sol-Ark Solar energy/EV charger manufacturing & HQ 400 295,000 $10.1 Million Omnilife USA Nutritional/sports supplements distribution & US HQ 250 83,000 $10 Million Resi Media Video streaming service provider 250 10,000 $800,000 Strike Photonics Photonic chip design HQ 400 165,000 $84 Million MD7 Mobile infrastructure consultancy HQ 200 25,000 $6.8 Million Micron Technology Memory and storage design 200 36,500 $6 Million Crawford & Co. Insurance claims processor 600 73,000 $4 Million Highlands Residential Mortgage Financial services corporate HQ 115 25,000 $2.5 Million Credit Union of Texas Financial services corporate HQ 200 50,000 $4.8 Million NETSCOUT Network management & cyber security 500 145,000 $50 Million Boss Fight, Netflix Game Studios Video game developer 100 13,200 $900,000 Motorola Solutions Electronics company & regional HQ 320 140,000 $47 Million
Estate
Allen Tech Hub

Market Stats

Class A Office

Existing Class A office located in the Watters Creek District, a vibrant lifestyle center with walkability to restaurants, shops and near outdoor parks and trails.

New mixed-use corporate campuses under construction or planned along the SH 121 Corridor.

Key Stats

$30 NNN Rent per SF

943,531 SF Total SF Class A Office Space

19.2% Vacancy Rate

181,543 SF Available

100,000 SF Construction Pipeline

Industrial/Flex

Allen’s industrial/flex space is close to many restaurants and amenities.

The available workforce is a sought after mix of both white collar technical and blue collar workers all within 30 minutes.

Key Stats

$5.75 - $13.75 NNN Rent per SF

4,364,130 SF Total SF Industrial/Flex Space

2.6% Vacancy Rate

114,858 SF Available

$11.73 NNN Average Rent per SF

All Office

Allen has a wide diversity of office buildings ranging from Class A and B product to flex spaces.

Regardless of office requirement, Allen has the right space for you.

Key Stats

$26 - $29 NNN Rent per SF

2,504,675 SF Total SF Office Space

15.0% Vacancy Rate

376,741 SF Available

145,000 SF Construction Pipeline

Allen is a major retail hub in Collin County. From large scale retail to boutiques, Allen is the perfect location for any retailer.

And there is still plenty of room within many of our new and existing developments.

Key Stats

$27.09 NMM Rent per SF

6,906,333 SF Total SF Retail Space

3.3% Vacancy Rate

249,038 SF Available

| Latest Deals & Commercial Real Estate Market The Place to Raise Your Business LEARN MORE AT AllenEDC.com
Retail

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