| Latest Deals & C ommercial Real Estate Market
Notable Relocations & Expansions
New Developments
FarmWorks One
102,000 SF Class A office building within the new mixed-use development , The Farm in Allen located on the SH 121 corridor
• Three stories with 30,000 SF floor plates
• Opened September 2024 and 50% leased
• Walkable amenities include restaurants, entertainment and urban living
Leasing information: Nathan Durham, Newmark, (214) 495-8581 or Duane Henley, (214) 893-3359.
One Bethany North at Watters Creek
One Bethany North, the 9-story 225,000 SF building, will be the fourth in the 17-acre One Bethany at Watters Creek campus
• Walking distance to Watters Creek Village
• Ready for corporate relocations
• Adjacent to One Bethany West, opened in 2020 and One Bethany East opened in 2018
• Both East and West are fully leased
Leasing information: Dillon Buhrkuhl and Nina Tovy, Pillar Commercial at (972) 437-2444.
| Latest Deals & C ommercial Real Estate Market
Market Stats
Class A Office
Existing Class A office located in the Watters Creek District and The Farm in Allen. Both offer a vibrant lifestyle center with walkability to restaurants, shops and connected to parks and trails.
New mixed-use corporate campuses are under construction or planned along the SH 121 Corridor.
Key Stats
$35 NNN Rent per SF
1,085,738 SF Total SF Class A Office Space 17.5% Vacancy Rate
189,690 SF Available
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
$27 - $39 NNN Rent per SF
2,663,328 SF Total SF Office Space 9.1% Vacancy Rate
241,868 SF Available
Industrial/Flex Retail
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.
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.
$16.59 NNN Rent per SF
5,163,484 SF Total SF Industrial/Flex Space 8.4% Vacancy Rate
434,554 SF Available
$30.01 NMM Rent per SF
7,788,807 SF Total SF Retail Space 5.5% Vacancy Rate
426,734 SF Available
