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Kerr Drug

Kerr Drug moves into new HQ

RALEIGH, N.C. -- Earlier this month, Kerr Drug moved into its new headquarters here, about 30 miles from its former office in Durham.

According to a company spokeswoman, the regional drug chain has been searching for new office space since 2002, when it acquired a former CVS distribution center in Raleigh. Since 1997, Kerr has been using office space in a distribution center it acquired through a leveraged buyout, but wanted to find a stand-alone office after it acquired the facility from CVS and moved its distribution operation to that building.

The newly remodeled, 30,000,square-foot office space is twice as large as Kerr's old office.

COPYRIGHT 2004 Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
COPYRIGHT 2004 Gale Group



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