US-based citrus specialist Sunkist Growers is set to move its head office from Sherman Oaks to a new US$22m building in Santa Clarita, California.
The move follows the sale of its Sherman Oaks land to IMT Capital for US$36m at the beginning of 2013.
The cooperative's new address will be located at the LNR Entrada Gateway Center at 27770 N. Entertainment Drive.
“In the past few years, we have made significant advances on key strategic initiatives to position Sunkist for long-term growth and profitability – and the relocation of our headquarters is part of that strategy,” said Sunkist CEO Russell Hanlin.