National Headquarters Office Relocation to Palm Beach County

Big news for West Palm Beach, our good neighbors and friends to the immediate north of  Lake Worth. Click title for link. Here is a breaking news story from Palm Beach Post reporters Alexandra Clough and Eliot Kleinberg:

Reyes Holdings, a Chicago-area food and beer distribution giant, is opening a headquarters office in West Palm Beach, a major deal that boost’s the city’s image as a home for big companies. With $23 BILLION IN REVENUES [emphasis added], Reyes Holdings is ranked 12th on Forbes’ list of America’s Largest Private Companies
In October, Reyes Holdings quietly signed a lease for 16,000 square feet in the Class A Phillips Point office complex, at 777 South Flagler Drive. Reyes Holdings will take the 15th floor in the west tower, which formerly was occupied by FTI Consulting. Plans are to be in the space by Jan. 1, said Jones Lang LaSalle vice president Kevin McCarthy, who represented Reyes in the deal.

[And later in the article...]

The Reyes Holdings’ lease is a coup for West Palm Beach, which has been seeking to attract more financial and corporate tenants to downtown. The deal also is in line with other companies that have RELOCATED TO FLORIDA FROM HIGHER-TAX STATES [emphasis added], such as Illinois and New York.
“This is a real testament to the benefits we know West Palm Beach offers the private sector,” Mayor Jeri Muoio said in a statement. “From no income taxes to the prestige of our Flagler Financial District, we’re are seeing more and more companies RELOCATE TO OUR CITY [emphasis added].”

Now, these executives and office-workers have to live and shop somewhere. Let's hope they discover the welcoming arms of our Lake Worth, quirky as it is!