State Farm has been in the news nonstop since it strolled into the Central Perimeter submarket last year and started gobbling up massive chunks of office space in preparation for the development of their new regional campus. And now another insurance giant has entered the submarket looking for a new office opportunity.
Allstate Corp. is looking to consolidate their current offices at 200 Interstate N Pkwy and 5660 New Northside Drive into approximately 100,000 SF of office space in the Central Perimeter and Cumberland/Galleria submarkets. 5660 New Northside Drive was recently purchased by ICE to be their new HQ, which could be a contributing factor to Allstate scouting space elsewhere. Allstate reps say that the company is excited to find a space “more in tune with today’s work environment.”Share