Nestle is moving into 1812 North Moore Street in Rosslyn
Image by Ron Cogswell licensed under Creative Commons.
The Washington region's tallest office building, 1812 North Moore Street in Rosslyn, has been vacant since it opened in 2013. That won't be the case for much longer, though, as Nestle announced on Wednesday that the building will soon be home to the food and beverage company's US headquarters.
After Monday Properties built 1812 North Moore, it held off on leasing small parts of the building in hopes of landing a major tenant at a big price. But with the regional commercial office market on the decline, that took a while.
The bet paid off, though, with Nestle announcing that it will occupy nine of the building's 35 floors, and that it may expand to occupy more. The company will bring 750 new jobs to the area.
This is a big deal for Rosslyn and Arlington County, whose commercial office vacancy rate has remained very high even as the economy overall has recovered.
Next door, Rosslyn's Central Place building is close to completion with its residential apartments opening last year. At 387 feet, the new addition to Rosslyn's skyline will be even taller than 1812 North Moore.