By AFRO Staff
(March 17, 2009) - Hilton Hotels Corp. will relocate its corporate headquarters to Park Place II in Tysons Corner, the company announced last week.
According to the {Washington Business Journal} report, Hilton has signed a 10-year lease on the property, and will occupy approximately one third of the 11-story, 323,000-square-foot building.
Park Place II, located at 7930 Jones Branch Drive, was completed last year by B.F. Saul Co. The spot is near the McLean Hilton hotel and visible from the beltway. Cushman & Wakefield Inc. is leasing the space. Jones Lang LaSalle brokers Dan Evans and Jeff Groh secured the spot for Hilton.
The company will relocate the headquarters during the third quarter.
“Our move to Park Place II will mark an important milestone in our corporate transformation, and we look forward to becoming part of Tysons Corner’s vibrant business community,” CEO Christopher Nassetta said in a statement.