ATLANTA-The Ritz-Carlton Hotel Co., a subsidiary of Bethesda, MD-based Marriott International, will transfer its headquarters from Atlanta to an as yet undetermined location in the Baltimore, MD-Washington DC-area, closer to its corporate parent.

Ritz headquarters currently occupy 35,000 sf on the third floor of Monarch Plaza in Atlanta’s upscale Buckhead neighborhood, where office rentals average approximately $26 per sf, according to area brokers. The move will take place in summer 2003, says the firm’s spokesperson.

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