Tag: relocating

  • In-N-Out relocating headquarters within California, opening office in Tennessee

    In-N-Out relocating headquarters within California, opening office in Tennessee

    In-N-Out said this week it is relocating its headquarters back to Baldwin Park in Los Angeles County to “bring its West Coast headquarters team back together under one roof.” 

    With that consolidation, the burger chain will close the corporate office it has maintained for decades in Irvine, a city southeast of Los Angeles in Orange County. 

    In-N-Out will close its Irvine office in 2029, the company said. More than 500 corporate employees work out of that office. 

    In-N-Out Burger. (Robert Gauthier/Los Angeles Times via Getty Images / Getty Images)

    Harry and Esther Snyder founded the burger chain in Baldwin Park 77 years ago, so the move to shutter the Irvine office and move its headquarters in Baldwin Park will mark a return to the company’s origins. 

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    The decision comes as In-N-Out is poised to debut a new 100,000-square-foot eastern territory office near Nashville late next year. 

    In-N-Out Burger sign outside of California location

    The In-N-Out burger chain cited crime woes for the closure of an Oakland location earlier this year.  (Robert Gauthier/Los Angeles Times via Getty Images / Getty Images)

    In-N-Out said a “majority” of its corporate team will be based out of Baldwin Park or the eastern territory office after its Irvine office closes its doors. 

    “Some of our associates will be relocating to Tennessee, which makes it even more important to centralize our western headquarters in one location, and our company’s deepest roots are in Baldwin Park. Our West Coast family will be together in one place, where In-N-Out Burger began,” owner Lynsi Snyder said in a statement. 

    IN-N-OUT EXEC CITES CRIME WOES OVER OAKLAND LOCATION CLOSURE: ‘GUNSHOTS WENT THROUGH THE STORE’

    The company unveiled plans for its eastern territory office near Nashville in early 2023.

    “I’m proud to welcome In-N-Out Burger, an iconic American brand, to the Volunteer State,” Tennessee Gov. Bill Lee said when In-N-Out announced its plans for the state. “Tennessee’s unmatched business climate, skilled workforce and central location make our state the ideal place for this family-run company to establish its first eastern United States hub.” 

    In-N-Out burgers

    In-N-Out Burger at Safe Kids Day 2017 at Smashbox Studios April 23, 2017, in Culver City, Calif. (Tommaso Boddi/Getty Images for Safe Kids Worldwide / Getty Images)

    The company’s creation of a Nashville-area office involves a $125.5 million investment, the Tennessee Department of Economic & Community Development said in January 2023. 

    The company is also bringing its burger joints to Tennessee, with the first restaurants targeting openings next year.

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    There are several hundred In-N-Out restaurants scattered across eight states, including California, Oregon, Nevada, Arizona, Utah, Texas, Colorado and Idaho. 

  • Top cities where LA wildfire victims are relocating: celebrity realtor

    Top cities where LA wildfire victims are relocating: celebrity realtor

    Celebrity real estate agent Josh Altman is seeing a huge spike in interest among displaced Pacific Palisades residents in seven specific areas following the devastating fire last month.

    During an interview with FOX Business, Altman explained that he gets multiple phone calls daily from families who are looking to move to Santa Monica, Brentwood, Beverly Hills, Lower Bel-Air, Newport Beach, Scottsdale and Las Vegas.

    “Well, listen. It’s not what they would move to? It’s what we know they’re moving to. It’s the deals that are getting closed. The first place they’re looking is Santa Monica and Brentwood. And I’m telling you, I get requests for Santa Monica and Brentwood throughout the day, every day for the past month,” Altman said. 

    Josh Altman predicts what cities displaced Palisades residents will move to. (Getty Images / Getty Images)

    “And the bumps in the values have been something that has been more aggressive than when we got out of COVID, when that market for, you know, real estate was amazing. The bumps have been more aggressive than when rates were at 2%. We’re talking about a whole new landscape.”

    WATCH: Celebrity realtor highlights top cities Palisades residents are fleeing to after devastating LA Fires

    LA REAL ESTATE AGENT REVEALS NO. 1 REASON WHY PACIFIC PALISADES RESIDENTS WON’T RETURN

    “And also, by the way, comps, you can forget about comps. Comps don’t exist anymore. If it wasn’t a comp from this new year on, it’s not a comp. So that’s a new market that we’re kind of navigating through,” he continued.

    super scooper

    A Super Scooper plane dropped water on the Palisades fire on Jan. 7. (Brian van der Brug / Los Angeles Times via Getty Images / Getty Images)

    “As far as the other places, first, Brentwood, Santa Monica, second, Beverly Hills, Lower Bel-Air, third, Newport Beach, fourth, Scottsdale, Vegas. That’s what I’m seeing a lot of.”  

    “As far as the other places, first, Brentwood, Santa Monica, second, Beverly Hills, Lower Bel-Air, third, Newport Beach, fourth, Scottsdale, Vegas. That’s what I’m seeing a lot of.” 

    – Josh Altman

    Altman told FOX Business that he spoke to someone who shared that a public school in Newport Beach has received 76 new applicants from Los Angeles families, displaced by the LA Fires, in the last 10 days alone. 

    The realtor explained that it Is too early to know if these moves are permanent but did share that families are looking for stability for their children. 

    A burned down playground in Pacific Palisades.

    A burned down playground in Pacific Palisades. (Sunny Tsai / FOXBusiness)

    “You get comfortable and you have kids. There’s you know, you don’t want to move a lot. And then it also comes down to the school situation. Where are the schools going to be now that you know that they’re moving not in the Palisades, you know, whether they’re being put in buildings locally where the kids are going to be. Look, as a parent, that’s the most important thing. It’s all about the kids,” Altman said.

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    Altman told FOX Business he still believes 70% of Palisades residents will not return to the community following the fires. 

    Josh Altman

    Former “Million Dollar Listing” star Josh Altman told FOX Business a “whole new group” of people will move into the Palisades once rebuilding begins. (Randy Shropshire/Getty Images for FMB Development / Getty Images)

    “There’s just going to be a whole new group. Because I got to tell you, and I keep saying this, it’s one of the most special places in the country. There is a totally new market, which we’re still trying to navigate through,” he said. 

    WATCH: Josh Altman still believes 70% of Palisades residents won’t return following the fires

    “What is the dirt worth for the people who are not going to rebuild when they sell it? Who’s going to be the first person to take the offer when we’re allowed to close a deal? Because there’s been a moratorium out there where you can’t close as of right now. And how is that going to affect all the rest of the sales in that area? And unfortunately, I think they’re going to be a little lower than people expect,” Altman continued.

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    According to Cal Fire, the Palisades Fire is 95% contained as of Feb. 5. The fire burnt down 6,831 structures and homes. It burned 23,448 acres. 12 people died during the Palisades Fire and four were injured.