Mohr Partners Represents Sodexo, Inc. on Lease Renewal of 190,698 SF Headquarters
April 24th, 2013 | Press Releases
Mohr Partners, a global corporate real estate advisor, is pleased to announce its representation of Sodexo, Inc. on the lease renewal of its 190,698 square feet corporate headquarters located at One Washingtonian Center, 9801 Washingtonian Boulevard, Gaithersburg, Maryland.
The building is one of only 11 multi-tenant office buildings in the U.S. to have achieved LEED® Platinum certification. It is highly visible from I-270 and easily accessible to The Beltway (I-495) and The Intercounty Connector. Ben Onderdonk, Senior Portfolio Account Manager in Mohr’s Dallas, TX corporate office, negotiated on behalf of Sodexo. Jack McShea and Bob Dickman with McShea and Company partnered with Mr. Onderdonk as Mohr’s co-brokers in Maryland.
Mohr Partners was recently selected by the Washington Business Journal as one of three finalists for the D.C. area’s “Best Real Estate Deals of 2012” in the Lease Renewal category. The Washington Business Journal recognizes the top real estate deals of 2012 in a range of categories.
“By negotiating a long-term lease renewal for Sodexo, we have secured a location that is ideally suited to their current needs, optimizes shareholder value and allows for future growth,” said Mr. Onderdonk. “Our centralized research department enabled us to negotiate a package for Sodexo that included favorable terms, tenant improvements and economic incentives at the state, county and local level.”
“We are excited to announce Mohr’s negotiation of Sodexo’s headquarters office, which resulted in substantial value added for our client,” said Ted Fredericks, President of Mohr Partners. “We were able to leverage our expertise into significant dollar savings for Sodexo by negotiating a long-term lease term, and in the process keeping over 500 jobs in Gaithersburg, MD. We count Sodexo as a valued client, and we look forward to continuing to partner with one of the leading global providers of on-site FM services.”
About Sodexo, Inc.: Sodexo, Inc., a leading Quality of Life services company in the U.S., Canada, and Mexico, delivers On-site Services in Corporate, Education, Health Care, Government, and Remote Site segments, as well as Benefits and Rewards Services and Personal and Home Services. Sodexo, Inc., headquartered in Gaithersburg, Md., funds all administrative costs for the Sodexo Foundation (www.SodexoFoundation.org), an independent charitable organization that, since its founding in 1999, has made more than $17 million in grants to end childhood hunger in America. Visit the company website at https://www.sodexousa.com.
About Mohr Partners: Mohr Partners, Inc. is a global corporate real estate advisor, providing corporate tenants with portfolio services including strategic planning, portfolio and lease administration, research and site selection, project and construction management, comprehensive demographics analysis and economic incentives negotiations. Since 1986, Mohr Partners has been managing real estate portfolios for corporations, and each year completes transactions for its clients in all 50 U.S. states, all provinces of Canada and locations around the world. Mohr Partners seamlessly provides corporate real estate services globally through its strategic alliance partners.
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