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10 May 2013
Murad invests US$35m in new headquarters
BY
Jessica Tasman-Jones
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Murad has announced a US$35m (27m euro, £23m) investment to move and expand its headquarters, as well as plans to upgrade the Murad Flagship Spa. The move will see the corporate office relocate to a 45,000sq ft (4,180sq m) headquarters in El Segundo, California - two blocks from their current premises.
The Murad Flagship Spa will remain in its current location but the entire 7,000sq ft (650sq m) will be upgraded, with updates to treatment rooms and the retail section as well as a new fitness and yoga centre.
The relocation seeks to accommodate the company's exponential growth and future expansion.
General manager of Murad, Richard Murad, said: "We are excited to have signed the lease to our new custom-designed office space where we will be able to meet the needs of our growth plans as well as honour our commitment to provide our valued employees with a spectacular, creative work environemnet, which is being designed to fit our specific requirements."
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