Dean Foods to relocate corporate office - Los Angeles Business from bizjournals:

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Dallas-based Dean (NYSE: DF) will relocate from its current location at 2515McKinnety Ave. into 240,000 square feet of space inside Cityplace. The move is expectex to take place in the first quartedrof 2010. "We are pleased to be able to relocate our officews within Dallascity limits. Many factors worked in our favor, includingg the real estate market, space availability and other economic saidGregg Engles, chairmah of the board and chief executive officer of Dean "The City of Dallas is our home, and we are pleasede to remain here and continuw our many civic and community partnerships.
" Dean said in a statemenr it is moving because the company has outgrowb its current workspace, and new space is needef to address the company’s changing The lease will take occupancy at Cityplacs to about 80 percent from about 60 percent now, said Sarah Payne, vice president at Stream Realty which handles leasing in the Employees will begin moving in December and the move will be phasecd in through March, Payne said. "Thiss was a huge win for the City of Dallas to keep them in the because they lookedall over," Payne She said Dean Foods considerer existing space and build-to-suits in the Legacy/Friscop area, as well as other buildingd downtown.
Brokers familiar with the search said Dean Foodz considered Fountain Place and Bank of America Plaz a among other downtown buildings with significantg squarefootage available. The askinb lease rate for space in Cityplaceis $24 per squared foot, plus electricity. Dean Foods will occupy floors 34 through 40 inthe 42-floor, 1.2-million-square-foot building. Dean Foods occupiesw about 150,000 square feet at its currentt location.