Purus Labs and Formulife is more than doubling its footprint with a 45k SF lease at Allen Station II on North Central Expressway. Founder/CEO Brandon Smith told the Dallas Business Journal the firm is moving its HQ to Allen despite being courted by numerous cities because it was more accommodating and motivated to attract his company. The Allen EDC included a per-employee economic incentive to lure the manufacturer. With the expanded HQ, Purus Labs and Formulife will add product lines and equipment and bring on 10 to 20 more employees by the end of the year. Lee & Associates’ Brett Lewis and George Tanghongs repped the tenant. Purus Labs and Formulife joins Andrew's Distribution, Billings Productions and Caliber Collision at Allen Station. [DBJ]
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