Leidos Holdings has signed a new full-building lease for a 17-story office building Boston Properties plans to complete in Reston Town Center by early 2020.
The information technology contractor, which already has offices in Reston, will shift its headquarters to the building on 1750 President Street, according to a release by the company.
“Our new space will give us the opportunity to build on our culture and brand as a combined company, as well as be able to better tailor our working environment to meet employee needs,” wrote Leidos chairman and chief executive officer Roger Krone.
The company began an 18-month search across the region after acquiring a division of Lockheed Martin in 2016. Nearly five years ago, the company separated from SAIC and moved from McLean to RTC’s One and Two Freedom Square.
Construction on the 17Fifty building, which is the last office space to be built in the 86-acre urban core of RTC, is expected to begin in the spring.
Boston Properties’ trophy tower is designed by Shalom Baranes Associates, and will include 8,000 square feet of retail space and a four-floor below-grade parking garage.
Katie Yanushonis, vice president of Boston Properties said she is confident that new building will fit the company’s effort to retain and motivate it’s “world class employee base.”
The terms of the agreement were not disclosed.
Rendering via Boston Properties
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