FRISCO, Texas (July 15, 2026) – Toyota Financial Services (TFS) this week began occupying a newly constructed 242,000-square-foot, seven-story building at its headquarters campus, capable of seating over 1,000 team members. This extension of the Toyota North America campus called “TFS North”, adds much-needed office space, additional parking, and facilitates the ability to co-locate larger teams. TFS team members supporting customer experience, dealer experience and data & technology will work out of this location.

TFS North exemplifies thoughtful appreciation for team member well-being and productivity throughout the building. Recognized as one of the largest mass timber office spaces in the United States, the building’s commitment to health and sustainability is more than just a feature. The extensive use of Southern Yellow Pine timber creates a warm and inviting atmosphere.

Tim Conlon, real estate senior manager, shared that one of the most exciting priorities in the design of TFS North was creating a space that feels open, welcoming, and connected. “The natural wood structure was intentionally highlighted, and wide-open views were preserved throughout the office to bring warmth and character into the workplace.” The overall result increases visibility, communication, and collaboration, helping team members feel more connected to one another and to the environment around them.

Team members will enjoy a host of amenities, including a state-of-the-art gym and locker rooms, micro markets, furnished balconies, and a future restaurant. More subtle features include white noise systems that help reduce distractions and enhance concentration in open areas, window shades that adjust with the sun’s movement, and daylight harvesting that adjusts lighting to save energy.

An adjoining 800-space parking structure makes for easy parking and EV charging. Plus, soon-to-be-installed space counters will make it easy for team members to find a parking spot.

Alec Hagey, president and CEO of TFS, highlighted the advantages of the expanded office space, saying, “Our new building provides a modern environment where team members can come together to collaborate and provide the best possible service to our customers and dealers. As team members occupy this building, we will be able to reconfigure our existing headquarters space to reduce overcrowding, enhance collaboration, and foster innovation to position our company for future growth.”

Additional TFS teams will continue to move into the space in the coming weeks with full occupancy anticipated in the fall of 2026.