The City of Moreno Valley congratulates Serta Simmons Bedding for the expansion of its local manufacturing and distribution operations and is pleased that the firm will remain in Moreno Valley. Serta has signed a 10-year lease with Colliers International as part of these expansion plans. The move to 23700 Cactus Avenue more than doubles the amount of current operating space.
Serta currently occupies 232,596 sq. ft. at the northeast corner of Graham Street and Brodiaea Avenue and anticipates moving to the new 532,926 sq. ft. facility this summer. Having begun operations in Moreno Valley in 2005, Serta now employs more than 300 people and is one of the City’s Top 25 sales tax generators.
Upon learning that Serta wished to expand to a larger facility, City staff worked closely with Serta’s development team to identify and implement solutions to minimize costs for facility upgrades and keep the company in Moreno Valley.
“Being able to retain Serta is a testament to the City’s commitment to continue economic development efforts and work with local businesses and retain jobs in our City,” said Mayor Jesse Molina. City staff will continue to assist Serta with City plan checks for the seamless move to the new facility.
For more information about development or establishing a new business in Moreno Valley, contact the Community & Economic Development Department at 951.413.3460 or EDTeam@moval.org.