CityLine The 2.2 million-square-foot State Farm campus in CityLine was acquired last fall.

RICHARDSON, TX—Another sale-leaseback of a 2 million-square-foot property in the Southwest signals the execution of a strategy State Farm designed as a priority several years ago, says Larry P. Heard, CEO of the Transwestern family of companies. The closing of the Tempe, AZ transaction is the third in a series. This transaction resembles the acquisition of the 2.2 million-square-foot State Farm campus in Dallas’ CityLine project last fall and the 591,000-square-foot State Farm campus in Atlanta this summer.