Leasing Transaction of the Year - VA
Monday Properties' 1812 North Moore Street
In February 2017, Monday Properties announced, alongside Governor McAuliffe, that Nestlé USA, Inc., the world’s largest packaged food company, would relocate its U.S headquarters from California to Rosslyn, Virginia. In this historic move, Nestlé leased 252,000 SF at Monday’s 1812 North Moore Street, the region’s tallest and first LEED Platinum trophy tower.
To stand out from the competition and satisfy Nestlé's criteria of a standalone building, Monday developed numerous renderings to demonstrate a "building within a building" concept. The building’s 2-story restaurant space was converted into a private lobby with a visitor center that provides access to the Nestlé-dedicated office tower elevator bank. 1812’s parking garage design also allowed Nestlé a dedicated, secure garage with access to one high-speed elevator bypassing the lobby for direct access to their floors. Nestlé also required a state-of-the-art building amenity package. Monday designed a premiere 7,600 SF health and wellness studio and a 12,300 SF sky lounge and event space on the 24th floor with epic views of D.C.’s monument core. The final component was signage and unparalleled brand visibility atop 1812, providing exposure to over 20 million views annually.
Marking one of the largest corporate relocations in Northern Virginia, Nestlé will initially invest $40 million to relocate, and estimates over 750 new jobs will be created. Nestlé was represented by CBRE brokers Lou Christopher and R. Todd Doney. Tim Helmig, Austin Freeman, and John Wharton of Monday Properties and Evan Behr and Doug Mueller of JLL represented the landlord.