Deal Ticker: Fast-Growing Robot Tech Company Plots McKinney Headquarters
Plus: The Offices Three at Frisco Station lands first tenant, Taco Lingo breaches the traditional city borders with Plano location,
Robin Autopilot, a leader in robotic mowing technology and the robotics as a service (RaaS) platform, announced that it would be consolidating its corporate headquarters with its recently acquired franchise business, North Carolina-based Mowbot and relocating to McKinney. Robin’s new headquarters will initially occupy 10,000 square feet with an option to expand at 7850 Collin McKinney Pkwy.
Robin was represented throughout the selection process by CBRE, led by Rene Castillo, and Jackson Walker, led by Luke Franz. Robin is one of the many tech companies that have recently announced their expansion or relocation into McKinney via the Innovation Fund; other startups like Alanna.ai, MyTelemedicine, and ContraForce also recently opened headquarters in the city.
Deal Ticker: Longtime Vacant Garland Building Gets New Owner From Innovative Industry
Plus Trammell Crow Residential plans Ross Avenue multifamily, Frisco s Shops at Stonebrook exchanges hands, and more.
Garland has approved a deal with
Future Foam, Inc. to renovate and begin operations at 3000 W. Kingsley. Future Foam will spend $3 million renovating the 341,840 square feet facility and reactivate rail service to the facility with this project.
The building has remained vacant since 2015 when APEX Tool Group consolidated its operations from their Garland site into their South Carolina facility, resulting in the loss of 261 jobs.
Nearly $3 million will be invested in renovating the existing facility on the 19.69-acre site. An additional $6 million will be added to the City’s tax rolls from the transfer of operations and from additional machinery and equipment added through the expansion. Initial operations will create 104 full-time positions with plans for further expansion
Deal Ticker: Garland Electronics Manufacturer Plans Major Expansion dmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dmagazine.com Daily Mail and Mail on Sunday newspapers.