Monday, February 06, 2017

Service King moving its HQ

Service King moving its HQ

Car repair firm leaving smaller offices but staying in Richardson

Service King Collision Repair Centers has rented space for its headquarters in the Galatyn Commons buildings, filling space vacated by State Farm’s move to CityLine.

One of the largest recent office leases in Richardson will fill some of the space that State Farm Insurance left behind when it moved to its regional campus at CityLine.

Service King Collision Repair Centers has rented space for its headquarters in the Galatyn Commons buildings at 2375 N. Glenville Drive.

The auto repair chain is taking 64,916 square feet in the campus, east of North Central Expressway in the Telecom Corridor. About 170 Service King home office employees will make the move this summer from a smaller office in Richardson.

Dallas architect Corgan is designing the company’s new headquarters. The offices provide room for growth.

Service King’s main offices have been in Richardson since 1999.

“Our team has grown tremendously in the last several years, and this new home office will provide the space, technology and amenities that will continue to foster a growing team for years to come,” Michelle Frymire, Service King’s chief financial officer, said in a statement.

Service King, which has been in business since 1976, operates more than 300 collision repair centers nationwide. The company is the first large office lease in the Galatyn Commons buildings, which are being upgraded and marketed to new tenants after State Farm’s departure.

California-based Spear Street Capital acquired the four-building, 800,000square-foot office complex in late 2014 and just completed a multimillion-dollar makeover.

“Galatyn Commons is the ideal combination of Class A office space, location, and onsite and nearby amenities their company was looking for,” said Kimarie Ankenbrand, who along with JLL’s Steve Thelen represented Service King in its hunt for a new headquarters site.

Chris Taylor of Cushman & Wakefield and Russ Johnson of Peloton Commercial Real Estate represented landlord Spear Street in the transaction.

Taylor said tenant interest in the building has increased since the remodeling work wrapped up.

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Steve Brown/The Dallas Morning News