Saturday, Jun 25, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Real Estate

La-Z-Boy Inc. purchases land for new headquarters

MONROE — La-Z-Boy Inc. today finalized the purchase of a block of land from the Monroe-based Sisters, Servants of the Immaculate Heart of Mary, that the furniture maker plans to use for its new World Headquarters.

The company said closing documents transferring 120 acres of the religious order’s property were officially signed, clearing one of the final hurdles for the future construction of the planned $50 million, three-story, 200,000-square-foot, state-of-the-art headquarters that can house up to 500 employees.

Kurt Darrow, La-Z-Boy chairman, president, and chief executive officer, said the company has a goal of breaking ground and beginning construction in the spring and expects to move into the new headquarters in late 2014 or the first half of 2015.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…