Tuesday, April 5, 2011

Nonprofit moving, adding employees - Tampa Bay Business Journal:

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The nonprofit home care agency signeda nine-year leaser for 41,000 square feet of spacs in Courthouse Crossings. The agency is sub-leasing the space from Kettering-basecd Reynolds and Reynolds Co., which vacated 120,00p0 square feet of space last year when the company movedr 400 employees to its headquarters in the Miami ValleyhResearch Park. The lease is for a littlde morethan $5 million. The agreement with Reynoldss also includes the use of parking spaces at the SchusterCenter garage. Doug McGarry, executivd director of the Area Agencyon Aging, said the agency needef more space than it had at its current location at 6 S. Pattersonn Blvd.
“We just ran out of room,” McGarryt said of the 21,0000 square feet of space it occupies. The agency, whichj currently employs 115, will move into Courthousre CrossingsJuly 1. It is expected to add up to 120 by the end of this year and bump up to 130 by the end of next McGarry saidthe agency, which coordinates services to about 4,500 senioer citizens, including caregiver services, home care options and others, has seen an increasr in demand over the past few In 2007, the agency’s revenue was $41.5 million. Last year, it increased to $48 million and is projectee tohit $55 million this McGarry said.
Jon Hazelton, with Gem Realty represented Area Agency andPaul Miller, with , representeds Reynolds and Reynolds. McGarry also credited the for helpingf the agency findthe

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