De Lage Landen Considers Putting Its North American Headquarters in Wayne on Market
With remote work continuing, De Lage Landen Financial Services is considering putting its North American headquarters in Wayne up for sale, writes Natalie Kostelni for the Philadelphia Business Journal.
The Netherlands-based company paid $20 million 20 years ago for the 207,000-square-foot building and moved 600 of its employees there. However, since March, the building has been standing empty as the company began operating completely on a remote basis.
“We continue to monitor the well-being of our employees during this extended period of remote work,” said Maureen Wilbur, a company spokeswoman.
She said that a recent survey of employees indicated that the majority would also prefer to continue working from home even after conditions improve.
“This growing preference for remote working has, of course, triggered a need to reevaluate the best use of our Wayne office building,” said Wilbur.
DLL is currently working with CBRE to determine what it wants to do with the building. Options include making some renovations to accommodate health-safety protocols, subleasing a portion of the space, or selling the building and moving into new offices that would better suit the company’s needs.
Read more about De Lage Landen Financial Services in the Philadelphia Business Journal here.
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