Hilton To Expand Workforce, Not Footprint, In New Headquarters Deal

Hilton's headquarters at Park Place II, 7930 Jones Bridge Drive, McLean
Hilton's Headquarters At 7930 Jones Bridge Drive In Mclean.

Hilton plans to expand the headcount at its Northern Virginia headquarters by more than 40% over the next five years, but it will do so without expanding its office footprint, the hospitality giant said Thursday.

Hilton Worldwide has occupied the same building in McLean, Virginia, since 2009, expanding over that time from a third of the building’s footprint to roughly 70%.

But in signing a 15-year lease renewal with property owner B.F. Saul Co., Hilton maintained roughly the same footprint — 220K SF — while committing to renovate the common spaces and offices for its workers.

The expansion plan would bring the total headcount at Hilton's headquarters, located at 7930 Jones Bridge Drive, from roughly 800 workers today to 1,150. A Hilton spokesperson, in comments emailed to Bisnow, said the brand "strongly believes in the value of in-person connections" while also valuing "the importance of workforce flexibility."

Hilton President and CEO Chris Nassetta praised local leadership for encouraging a strong talent pipeline in the region.

"Northern Virginia has been Hilton’s home for more than a decade, and the region has played an instrumental role in helping us create the best, most inclusive home for our Team Members while also managing the demands of a global business," Nassetta said in a statement.

Northern Virginia has landed multiple corporate headquarters relocations and renewals this year that haven't led to significant net new leases. Boeing and Raytheon both announced they were moving their headquarters to Northern Virginia, with minimal impact on their headcount or leased space.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Bluerock Affiliate Acquires Sunnyvale Office Hub For $330.7M

Tishman Misses Payment Deadline On $450M International Square Loan

Investors Turn To Office Retrofits As Rents Rise And Tenants Stay Put

Downtown Denver's Office Vacancy Is Still Above 30%. Reviving It Will Take A 'Big Investment'

The Transfer Wave: How Companies' Operations Can Survive Founder Dependence

Why Factoring Tenant Satisfaction Into Office Programming And Operations Can Bring Strong Returns

Real Estate Firm Debuts With $126M Purchase Of Historic D.C. Building

Robotics Company To Relocate HQ Within Charlotte, Double Size

Surging Costs Force Alexandria Developers To Shift Plans

Buyer Of BXP's Sumner Square Revealed: The D.C. Deal Sheet

Law Firms Are On A Historic Office Binge

Office Investment In The Netherlands Is Booming. Institutional Capital Still Waits On The Sidelines