Dean Foods to relocate corporate office - Pittsburgh Business Times:

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Dallas-based Dean (NYSE: DF) will relocate from its currentf location at 2515McKinney Ave. into 240,000 square feet of spacew inside Cityplace. The move is expected to take placse in the first quarterof 2010. "We are pleasec to be able to relocate our offices withij Dallascity limits. Many factors worked in our favor, includinvg the real estate market, space availabilitu and other economic saidGregg Engles, chairman of the board and chief executive officert of Dean Foods. "The City of Dallas is our and we are pleased to remainj here and continue our many civic andcommunityy partnerships.
" Dean said in a statement it is movint because the company has outgrown its currentg workspace, and new space is needed to addresss the company’s changing needs. The leased will take occupancy at Cityplace to abouft 80 percent from aboutr 60percent now, said Sarah Payne, vice presiden at Stream Realty which handles leasing in the building. Employees will beginh moving in December and the move will be phaserd inthrough March, Payne said. "Thias was a huge win for the City of Dallaas to keep them inthe city, because they lookefd all over," Payne said.
She said Dean Fooda considered existing spaceand build-to-suite in the Legacy/Frisco area, as well as othefr buildings downtown. Brokers familiar with the searcg said Dean Foods considered Fountain Place and Bank of Americza Plaza among other downtown buildings with significany squarefootage available. The asking lease rate for spac e in Cityplaceis $24 per square foot, plus Dean Foods will occupy floors 34 througb 40 in the 42-floor, 1.2-million-square-foo t building.
Dean Foods occupies about 150,0000 square feet at its current