{"id":34664,"date":"2022-11-14T11:32:31","date_gmt":"2022-11-14T08:32:31","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=34664"},"modified":"2025-03-25T16:09:05","modified_gmt":"2025-03-25T13:09:05","slug":"sodexo-new-bethesda-headquarters","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/sodexo-new-bethesda-headquarters\/","title":{"rendered":"Sodexo Inks Deal for New Bethesda Headquarters"},"content":{"rendered":"<p>Sodexo has closed on a deal that will allow it to move its headquarters to a North Bethesda, Md., mixed-use building that\u2019s currently under development. Owned by Federal Realty Investment Trust and scheduled for completion by the end of next year, 915 Meeting St. will be a 276,000-square-foot trophy office property that will include 9,600 square feet of ground-level retail and 700 parking spaces.<\/p>\n<p>Federal Realty was represented by JLL\u2019s Bernie McCarthy and Danny Sheridan, while Colliers\u2019 Adam Schindler and Mohr Partners\u2019 James Kang conducted negotiations on behalf of the tenant. The terms of the deal were not disclosed.<\/p>\n<p>Sodexo is expected to move in the spring of 2024, leaving its current location at 9801 Washingtonian Blvd., which has served as its headquarters since the 1980s, when the Paris-based company opened its American arm. According to the <em>Washington Business Journal<\/em>, Sodexo previously considered a relocation in 2012. However, that move was scraped after county and city officials offered <a href=\"https:\/\/bethesdamagazine.com\/2022\/11\/09\/sodexo-leaves-gaithersburg-for-pike-and-rose-office-space\/\" target=\"_blank\" rel=\"nofollow noopener\">$4 million in public incentives<\/a>.<\/p>\n<p>The new headquarters in North Bethesda also marks an important downsizing \u2014 from 117,000 square feet to 52,000 square feet \u2014 thereby adding Sodexo to the growing list of companies willing to reduce the footprint of their workplaces in exchange for top-notch finishes and amenities. The \u201cflight to quality,\u201d as it\u2019s referred to, has created an <a href=\"https:\/\/www.commercialcafe.com\/blog\/uli-real-estate-trends-report-2023\/\" target=\"_blank\" rel=\"noopener\">increasing demand for class A office spaces at the expense of class B or class C assets<\/a>.<\/p>\n<p>Designed by Gensler, 915 Meeting St. will provide access to a rooftop conference center, private terraces and the latest air filtration technology. While the building itself is pursuing a LEED Gold certification, a unique selling point is that the entire Pike &amp; Rose project that the property is part of has achieved a LEED for Neighborhood Development certification. The rating \u2014 which represents environmental friendliness of the whole surrounding area \u2014 is a token of heightened interest in a sustainable office landscape.<\/p>\n<p>Federal Realty\u2019s deal with the food services management giant is the second company headquarters at 915 Meeting St.: Choice Hotels previously committed to 105,000 square feet in the building.<\/p>\n<p>\u201cThe announcement of Sodexo continues to solidify Pike &amp; Rose as\u00a0<em>the<\/em>\u00a0office destination in Montgomery County,\u201d said\u00a0Stuart Biel, senior vice president at Federal. \u201cFor executive leaders throughout the D.C. metro seeking a dynamic environment to relocate or grow their own headquarters, the neighborhood\u2019s best-in-class offerings should be on the short list for consideration.\u201d<\/p>\n<p><em>Looking for great office deals? <a href=\"https:\/\/www.commercialcafe.com\/\" target=\"_blank\" rel=\"noopener\">CommercialCafe.com<\/a> provides you with a reliable and up-to-date database of listings from all major U.S. markets. Explore our interactive map and filter results by size, location, and asking price to find the space that fits your business and investment needs:<\/em><\/p>\n\n<table id=\"tablepress-42\" class=\"tablepress tablepress-id-42\">\n<tbody>\n<tr class=\"row-1\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.commercialcafe.com\/office\/us\/tx\/dallas\/\" rel=\"noopener\" target=\"_blank\">Office space in Dallas<\/a><\/td><td class=\"column-2\"><a href=\"https:\/\/www.commercialcafe.com\/office\/us\/nv\/las-vegas\/\" rel=\"noopener\" target=\"_blank\">Office space in Las Vegas<\/a><\/td><td class=\"column-3\"><a href=\"https:\/\/www.commercialcafe.com\/office\/us\/fl\/fort-lauderdale\/\" rel=\"noopener\" target=\"_blank\">Office space in Fort Lauderdale<\/a><\/td>\n<\/tr>\n<tr class=\"row-2\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.commercialcafe.com\/office\/us\/tx\/fort-worth\/\" rel=\"noopener\" target=\"_blank\">Office space in Fort Worth<\/a><\/td><td class=\"column-2\"><a href=\"https:\/\/www.commercialcafe.com\/office\/us\/co\/denver\/\" rel=\"noopener\" target=\"_blank\">Office space in Denver<\/a><\/td><td class=\"column-3\"><a href=\"https:\/\/www.commercialcafe.com\/office\/us\/fl\/west-palm-beach\/\" rel=\"noopener\" target=\"_blank\">Office space in West Palm Beach<\/a><\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.commercialcafe.com\/office\/us\/fl\/miami\/\" rel=\"noopener\" target=\"_blank\">Office space in Miami<\/a><\/td><td class=\"column-2\"><a href=\"https:\/\/www.commercialcafe.com\/office\/us\/pa\/philadelphia\/\" rel=\"noopener\" target=\"_blank\">Office space in Philadelphia<\/a><\/td><td class=\"column-3\"><a href=\"https:\/\/www.commercialcafe.com\/office\/us\/ca\/santa-clara-county\/san-jose\/\" rel=\"noopener\" target=\"_blank\">Office space in San Jose<\/a><\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.commercialcafe.com\/office\/us\/az\/phoenix\/\" rel=\"noopener\" target=\"_blank\">Office space in Phoenix<\/a><\/td><td class=\"column-2\"><a href=\"https:\/\/www.commercialcafe.com\/office\/us\/ca\/san-diego\/\" rel=\"noopener\" target=\"_blank\">Office space in San Diego<\/a><\/td><td class=\"column-3\"><a href=\"https:\/\/www.commercialcafe.com\/office\/us\/tx\/bexar-county\/san-antonio\/\" rel=\"noopener\" target=\"_blank\">Office space in San Antonio<\/a><\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\"><a href=\"https:\/\/www.commercialcafe.com\/office\/us\/oh\/cincinnati\/\" rel=\"noopener\" target=\"_blank\">Office space in Cincinnati<\/a><\/td><td class=\"column-2\"><a href=\"https:\/\/www.commercialcafe.com\/office\/us\/ca\/sacramento\/\" rel=\"noopener\" target=\"_blank\">Office space in Sacramento<\/a><\/td><td class=\"column-3\"><a href=\"https:\/\/www.commercialcafe.com\/office\/us\/in\/indianapolis\/\" rel=\"noopener\" target=\"_blank\">Office space in Indianapolis<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-42 from cache -->\n","protected":false},"excerpt":{"rendered":"<p>Sodexo is expected to move in the spring of 2024, leaving its current location at 9801 Washingtonian Blvd., which has served as its headquarters since the 1980s, when the Paris-based company opened its American arm. According to the Washington Business Journal, Sodexo previously considered a relocation in 2012. However, that move was scraped after county and city officials offered $4 million in public incentives.<\/p>\n","protected":false},"author":56,"featured_media":34666,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[37,38,93,39],"tags":[],"class_list":["post-34664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-deals","category-mixed-use","category-office","wpautop"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast 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