Independent Financial announced April 19 that it has purchased an additional 17 acres adjacent to its current headquarters at McKinney Corporate Center Craig Ranch.
The purchase brings Independent Financial’s corporate campus to nearly 30 acres, tripling the business’s original footprint, according to a news release.
“We fully expect to outgrow our current footprint in the next few years,” David R. Brooks, chair, president and CEO of Independent Bank Group, said in the news release. “With our acquisition activity and our fast growth rate, this additional land gives us options and preserves the property to ensure it remains available.”
Independent Financial completed its 150,000-square-foot, six-story office building in 2019 at 7777 Henneman Way, McKinney, and broke ground on its second phase of construction in January. The six-story, 198,000-square-foot building is expected to be complete next year.
