GEICO Signs 198000 Square Foot Office Lease At Galatyn Commons In Richardson With Landlord Mapletree

The property asset involved in this transaction is a 198,000-square-foot office located at 2375 North Glenville Drive in the Richardson market. The asset is part of the Galatyn Commons campus owned by Mapletree.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 2375 North Glenville Drive
• Market: Richardson
• Landlord: Hiew Yoon Khong - Mapletree
• Tenant: GEICO

GEICO signed a lease for the office space, expanding into Building D while already fully occupying Building B. This transaction aligns with GEICO's plans to hire 1,000 new employees across its three buildings in Richardson over the next two years.