California Homebuilder Flees SoCal, Moving HQ to Dallas
Landsea Homes Corporation, a national publicly traded residential homebuilder, is moving its corporate headquarters to Dallas, Texas from the current location in Newport Beach, California. Landsea Homes joins a growing number of companies that are headquartered in Texas, including Exxon, Mobil, AT&T, Hewlett Packard, Oracle and Charles Schwab. The new headquarters office will be located at 1717 McKinney Street in Dallas and totals 7,716 ... The post California Homebuilder Flees SoCal, Moving HQ to Dallas appeared first on Connect CRE.
Landsea Homes Corporation, a national publicly traded residential homebuilder, is moving its corporate headquarters to Dallas, Texas from the current location in Newport Beach, California. Landsea Homes joins a growing number of companies that are headquartered in Texas, including Exxon, Mobil, AT&T, Hewlett Packard, Oracle and Charles Schwab.
The new headquarters office will be located at 1717 McKinney Street in Dallas and totals 7,716 square feet. Landsea Homes will occupy Suite 1000 on the 10th floor of the building.
Landsea Homes is currently building homes and communities in Arizona, Florida, Texas and throughout California in Silicon Valley, Los Angeles and Orange County. “As a national publicly traded homebuilder with communities from California to Florida, this is a strategic move in the best interests of our shareholders,” said Landsea’s John Ho. “In addition to our overall coast-to-coast growth strategy, we are very focused on growing our homebuilding footprint in Texas, and this move demonstrates our strong commitment to the state.” Landsea had 1,640 total closings and gross homebuilding revenue of $936 million in 2021.
The post California Homebuilder Flees SoCal, Moving HQ to Dallas appeared first on Connect CRE.
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