GRAPEVINE, TX--Kubota Tractor Corp. (KTC) is relocating its headquarters to Grapevine.

Both KTC and Kubota Credit Corp. (KCC) are U.S. subsidiaries of Kubota Corp., based in Osaka, Japan; the move will affect about 180 employees and is expected to occur within the next 18 months.

According to a spokeswoman with the company, CBRE has been selected as a broker in the move. The Star-Telegram reports that a 25-acre site northeast of Grapevine Mills mall on city-owned property is the site where the company will build a 190,000-plus-square-foot research and development and corporate center.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.