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MoneyGram Picks Dallas for Corporate HQ Relocation

DALLAS-The company signs a 10-year lease for 45,842 square feet to move its corporate headquarters from St. Louis Park, MN.

By Jennifer Duell Popovec | Updated on September 23, 2010

DALLAS-MoneyGram International Inc. will relocate its corporate headquarters from St. Louis Park, MN to this North Texas city. The global payments company has signed a 10-year lease for 45,842 square feet of class A office space at 2828 N. Harwood, a 20-story office building near Uptown.

The move is part of the company’s previously announced global initiative to reduce costs, streamline its global operations and position the company for long-term success, according to a statement from MoneyGram. The company has a new management team in place including Pamela Patsley, chairman and CEO. She, along with other management executives, is based in Dallas.

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