Oakwood is moving its headquarters into this building at 15500 Lundy Parkway in Dearborn.

Oakwood Healthcare Inc. in Dearborn has signed a long-term lease with Ford Land for a new headquarters building in Dearborn at 15500 Lundy Parkway, Crain’s Detroit Business is reporting.

According to Crain’s, the health system will move 650 employees to the 135,000-square-foot, two-building facility in the coming days.

The move will save Oakwood 20 percent per square foot and provide an additional 25,000 square feet of building space for its nonclinical corporate staff. Oakwood is currently at 18101 Oakwood Blvd., Crain’s reports.

Oakwood is home to more than 9,000 employees and 1,300 physicians and is the second-largest employer in suburban Wayne County.

For more information about Oakwood Healthcare, visit oakwood.org