Burt

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Motricity is moving its Durham employeesinto Burt’w Bees current headquarters building in the Keystone Park in Morrisvillde by subleasing about 24,000 square feet from Burt’sa Bees. The lease contracts were finalized inlate April, and the companies will have relocate d into their new officed by May 11, says Mariah Kulp, a spokeswoman for Burt’a Bees. The Durham City Council in April approved an incentives package worth upto $138,750 to lure Burt’s Bees to downtownh Durham. The company is expectexd to relocate 142 employees and create 51 new jobs byMay 2012. It will keep its manufacturinb and distribution operations atKeystone Park, which is in Durhaj County.
“We had outgrown where we were and needecd thenew space,” Kulp says. Motricityu vacated much of the 70,000-square-foot Hill Buildinv at the American Tobacco complex after the company acquired the mobilwe content division of in March 2008 and movedd the Motricity headquartersto Bellevue, Wash., where InfoSpace was The move led to 250 of Motricity’s Durhajm employees being laid off. Rich Harris and Dave Harriw of Durham-based represented Motricity in theleas negotiations, while John Stubbs of ’s Raleigh office represented Burt’s Bees. Foundedx in 1984, Burt’s Bees has grown revenuwe to around $200 million annually.
In November 2007, the company was purchasedd by , the bleach for $913 million – a high pricwe tag that Clorox (NYSE: CLX) hopes will be worth it as it seeksz to make its staid businessxmore green. Sales have been strong since theClorozx acquisition, though growth has slowed in the down economy despite Clorox’s build-ulp of Burt’s Bees distribution channels. Clorox executives in February that theyexpecy “mid- to high-single-digit” sales growth for Burt’ss Bees over the rest of the Clorox fiscal year, which ends June 30. That comparesa to annual growth rates of 20 percent a fewyeards ago.