Dean Foods to relocate corporate office - Boston Business Journal:

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Dallas-based Dean (NYSE: DF) will relocate from its currenty location at 2515McKinney Ave. into 240,000 square feet of spacew inside Cityplace. The move is expected to take places in the first quarterof 2010. "W e are pleased to be able to relocate our officesa within Dallascity limits. Many factoras worked in our favor, including the real estate market, space availability and other economic elements," said Gregy Engles, chairman of the board and chie executive officer ofDean Foods. "Thwe City of Dallas is our home, and we are pleases to remain here and continue our many civi andcommunity partnerships.
" Dean said in a statemengt it is moving because the company has outgrown its currentf workspace, and new space is needed to address the company’sx changing needs. The lease will take occupancy at Cityplacs to about 80 percent from about 60percent now, said Sarahj Payne, vice president at Stream Realty which handles leasing in the building. Employee will begin moving in December and the move will be phases inthrough March, Payne said. "This was a huge win for the City of Dallasx to keep them in the because they lookedall over," Paynwe said.
She said Dean Foods considered existing spaceand build-to-suitd in the Legacy/Frisco as well as other buildings Brokers familiar with the search said Dean Foods consideresd Fountain Place and Bank of America Plaza among othef downtown buildings with significant square footage available. The asking lease rate for spacew in Cityplaceis $24 per squar foot, plus electricity. Dean Foods will occupy floors 34 through 40 inthe 1.2-million-square-foot building.
Dean Foods occupies abourt 150,000 square feet at its current