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Pepsi Bottling Group Exploring Space Options in Westchester and Connecticut

SOMERS, NY-The Pepsi Bottling Group Inc., which employs approximately 1,000 workers at its more than 500,000-sf corporate headquarters here, is exploring its space options in Westchester County and western Connecticut.

By John Jordan | Updated on November 14, 2000

SOMERS, NY-A major employer in Westchester County–the Pepsi Bottling Group Inc.–has hired The Staubach Co. of New York LLC to study its corporate headquarters options in Westchester County and the western section of Connecticut. Officials with Pepsi and Staubach refused to divulge the size of the office space requirement.

“We are currently exploring our headquarters facilities options,” Kelly McAndrew, a spokesperson for Pepsi says. “Our lease will be up at the end of 2002.” She notes that the company is considering signing a new lease at its current headquarters at One Pepsi Way. The company leases the entire 527,800-sf building, although company officials say the building is currently “under-utilized.”

Its other options include: leasing space or acquiring an existing property in Westchester County or in the western section of Connecticut, which would include markets such as the Danbury/Newtown area; or engage in a build-to-suit deal in either Westchester or Connecticut. Pepsi is the largest manufacturer, seller and distributor of Pepsi-Cola beverages with operations in the US, Canada, Greece, Russia and Spain and employs 38,000 workers worldwide.

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