Cotton Board Moves Offices
July 27, 2010 
To reduce operating costs and improve space use efficiency, the Cotton Board recently reviewed its current office lease and compared it with lease options at other locations around Memphis, Tennessee. “Our comparative analysis of several lease options showed that we would save money and get a more modern and functional space by moving office locations,” states Lisa Droke, Vice President of Finance and current interim CEO of the Cotton Board. The Cotton Board’s new 15,000 square foot office is located on the 19th floor of the White Station Tower at 5050 Poplar Avenue in Memphis, Tennessee. The former office was located was 871 Ridgeway Loop in east Memphis. Over the new seven year lease term, roughly $175,000 will be saved in rent expense.
The office move occurred in late June of 2010. Keeping in line with the company’s views on sustainability, the new office features and entryway and boardroom covered in a new cotton-rich wall covering from a company called JaDecor. It fuses both sustainability and functionality by its mixture of natural U.S. cotton fibers and minerals which, together, combine to provide superior thermal and acoustic properties – offering a conscientious alternative to petroleum-based, vinyl wall coverings. The building also houses a “green room” for recycling office materials. The desk chairs at the new office are made of 100% recycled material and are the only office chair endorsed by the Physical Therapy Society of America.
The Cotton Board also saved money by filling the space with images and artwork captured by the Communications Department and by selling their old furniture. Lexie Jones, I.T. Manager for the Cotton Board, said “We were able to sell approximately 85 percent of our old furniture, while most companies have to pay liquidators to come haul furniture away.” The office also features an onsite USPS service which will save money on the cost of mail delivery services.
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