ALLEN, TX-Kone Inc. has inked two leases totaling more than36,000 square feet to split its existing operations, whichcurrently are housed in 24,000 square feet in McKinney, TX.

Moline, IL-based company, which manufactures and installselevators and escalators, signed a long-term lease for 20,475square feet of flex industrial space at Twin Creeks Business Centerand roughly 16,000 square feet of class A office space at One AllenCenter. It has the distinction of being the city's largestcorporate win to date this year.

"They are a good corporate citizen,” says Robert Winningham,Allen's economic development director. “We're really pleased tohave them in Allen and to help them expand down the road."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.