1812 N. Moore Lands Nestlé
Nestlé will move its U.S. corporate headquarters from Southern California to Arlington, Virginia, according to ARLnow. The company is leasing 200,000sf on the top nine floors of 1812 N. Moore which is located in the Rosslyn neighborhood. Monday Properties owns the 35-story, 535,381sf, Class A, LEED Platinum office building which was built in 2013 on spec.
The Swiss transnational food and drink company had $26 billion in U.S. sales in 2015 and includes brands such as Nespresso, Nescafé, Kit Kat, Haagen-Dazs, Coffee-mate and Stouffer’s, among many others. Virginia and Arlington County have offered Nestlé a total of $14 million in grants and $2 million in infrastructure improvements, according to the report (citing The Washington Post). Nestlé plans to spend $40 million on the build-out of its new headquarters.
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Last Updated on February 1, 2017 by Ramin Seddiq