Dial to build headquarters, R&D sites in Scottsdale

RP news wires, Noria Corporation

The Dial Corporation, a company of Henkel KGaA, headquartered in Duesseldorf, Germany, has signed an agreement with One Scottsdale Office LLC, to acquire land in Scottsdale, Ariz., for its new Headquarters and Research and Development facilities. The building site is situated northeast of Scottsdale Road and the 101 Freeway and is part of the new One Scottsdale project being developed by DMB Associates. It is expected that the closing will occur in the next 60 to 75 days.

"We are excited about coming to an agreement to stay in Scottsdale and becoming part of the One Scottsdale project," said Brad Casper, Dial president and CEO. "We considered several sites for our new Headquarters building and decided that the One Scottsdale location best meets our needs. The site is attractive to us for many reasons and will be a pleasant working environment for our people. Its central location will ensure that Dial employees will have easy access to the Valley's freeway system and Phoenix Sky Harbor International Airport. We look forward to continuing to be part of the Scottsdale business community."

One Scottsdale, being developed by DMB Associates, will include up to 1.2 million square feet of Class A office space, 600,000 square feet of retail space, 400 resort class boutique hotel rooms, 1,100 mixed-use residential and urban-estate home sites.

"We value the confidence Dial has placed in One Scottsdale and DMB, and we're pleased we could contribute to Dial's decision to stay in Scottsdale," said Drew Brown, CEO and managing partner of DMB Associates. "Dial's new headquarters will serve as a catalyst for attracting other major corporations and businesses, and that is something we all should value."

Scottsdale Mayor Mary Manross stated, "Dial has been an outstanding employer and a great corporate citizen in Scottsdale and the Valley for many years. Henkel's decision to keep Dial's headquarters in Scottsdale is a huge vote of confidence. It speaks to the strength of our economy, the excellence of our workforce and the great quality of life we offer in Scottsdale and the region. The extraordinary standards DMB brings to its developments were a key factor in this decision and the presence of Dial at One Scottsdale will set the tone for a truly remarkable project."

Dial is being represented in this transaction by The Staubach Company, located in Phoenix. The Staubach Company is the market leading global real estate and advisory firm that delivers cost effective solutions for users of office, industrial and retail space.

The Dial Corporation, a company of Henkel KGaA, is based in Scottsdale, and is one of America's leading manufacturers of consumer products, including Dial soaps, Purex laundry detergents, Renuzit air fresheners and Right Guard antiperspirant/deodorants.

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