Sodexo Pulls $5.59 Million Permit As it Prepares to Leave Gaithersburg For Pike & Rose

Last November we let you know that Sodexo committed its U.S. headquarters to 915 Meeting Street, a new 276,000-square-foot trophy office building currently under construction at the award-winning mixed-use development of Pike & Rose in North Bethesda, Maryland. Sodexo’s headquarters are currently located at 9801 Washingtonian Blvd in Gaithersburg (next to Rio Lakefront). According to a recent Maryland Newsletters report, the firm pulled a permit toward a $5.59 million fitout of 51,907 square feet at the North Bethesda building.

Sodexo will be taking 52,000 square feet, along with Choice Hotels International, Inc. (NYSE: CHH), which signed a long-term lease to occupy 105,000 square feet. Sodexo is a leading global provider of catering, facilities management, employee benefits and personal home services to 100 million daily consumers in 56 countries. It will be moving from its current location in Gaithersburg to Pike & Rose in Spring 2024 (renderings are available below courtesy of Federal Realty).

915 Meeting Street will be a 16-story, state-of-the-art, LEED Gold-targeted building, featuring 9,600 square feet of ground floor retail, approximately 25,000-square-foot flexible floor plates and 700 dedicated parking spaces. Designed by Gensler, the building will incorporate a vibrant architectural design that includes numerous amenities, such as a rooftop conference center with collaborative common areas, WiredScore-targeted connectivity, a fitness center, and resource-efficient, sustainable wellness features.

Located in the rapidly emerging submarket of North Bethesda, 915 Meeting Street will sit within the transit-oriented, LEED Gold-certified neighborhood of Pike & Rose and its more than 400,000 square feet of thoughtfully curated retail, services, dining, and entertainment offerings. The new construction comes following the success of Pike & Rose’s 300,000 square foot trophy office building, 909 Rose, which includes tenants such as Bank of America, Industrious, JLL, OneDigital and Federal Realty’s corporate headquarters. “The announcement of Sodexo continues to solidify Pike & Rose as the office destination in Montgomery County,“ says Stuart Biel, Senior Vice President, Federal. “For executive leaders throughtout the D.C.-metro seeking a dynamic environment to relocate or grow their own headquarters, the neighborhood’s best-in-class offerings should on the short list for consideration,“ continues Biel.