Marriott CEO Arne Sorenson
BETHESDA, MD–Marriott International is moving its global corporate headquarters about five miles down the road to a build-to-suit 700,000-square foot facility in downtown Bethesda that Marriott will lease.
Where exactly in Bethesda is unclear as Marriott is still pondering a number of sites and will make a final decision in the first half of 2017.
Marriott will occupy the new space before its current one-million-square foot lease at 10400 Fernwood Rd. expires in late 2022. That site will also include a 200 plus Marriott-branded hotel.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
