Wingstop, Inc. is relocating its corporate headquarters to Addison, Texas, from Dallas. The company said it has signed an agreement to acquire a 78,000-square-foot office building in the Dallas suburb for $18.3 million.
The building will be occupied solely by Wingstop, allowing for increased flexibility and scalability. In addition to office areas, common spaces, conference rooms, training facilities and a fitness center, the new facility will house the company’s global test kitchen, innovation center and a mock Wingstop restaurant.
“We are at a pivotal moment in Wingstop’s path to become a top 10 global restaurant brand and believe this new corporate headquarters will support our strategic growth priorities by creating an environment for innovation and collaboration,” said Charles R. Morrison, chairman and chief executive officer at Wingstop, Inc. “Our current facility does not provide the expansion capacity for our long-term growth. We believe that our investment in this facility will generate meaningful returns and create value for our shareholders now and over the long term.”
Wingstop is a fast-casual chicken wing brand that operates and franchises more than 1,250 restaurants around the world.