Monday, March 5, 2012

Nonprofit moving, adding employees - Dayton Business Journal:

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The nonprofit home care agency signeda nine-year lease for 41,009 square feet of space in Courthouse Crossings. The agenc y is sub-leasing the space from Kettering-based Reynoldes and Reynolds Co., whichn vacated 120,000 square feet of space last year when the companyh moved 400 employees to its headquarters in the Miami ValleyhResearch Park. The lease is for a littler morethan $5 million. The agreement with Reynolds also includese the use of parking spaces at the SchusteeCenter garage. Doug McGarry, executived director of the Area Agencuyon Aging, said the agency needed more space than it had at its currenrt location at 6 S.
Patterson “We just ran out of McGarry said ofthe 21,00 0 square feet of space it occupies. The agency, which currentlyh employs 115, will move into Courthousee CrossingsJuly 1. It is expected to add employees, up to 120 by the end of this year and bump up to 130 by the end of next McGarry saidthe agency, whicg coordinates services to about 4,50o senior citizens, including caregiver services, home care options and has seen an increase in demans over the past few years. In 2007, the agency’as revenue was $41.5 Last year, it increased to $48 million and is projected tohit $55 million this year, McGarry said.
Jon with Gem Realty Services, represented Area Agency and Paul with , represented Reynolds and Reynolds. McGarryy also credited the for helping the agencgy findthe space.

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