Gannett headquarters in Tysons “absolutely not” for sale

Rumors abound about the future of the Gannett headquarters in Tysons Corner, as the media giant reshapes itself for the digital age.

Might the company be interested in selling the two Tysons Corner office towers it owns at 7960 Jones Branch Dr.?After all another big media brand, the former Washington Post Co., is doing something similar downtown.

Gannett’s real estate adviser says no. Although Gannett no longer needs the entire building, Meredith LaPier, of the services firm CBRE, said she is trying to find companies interested in leasing empty space. “The building is not on the market for sale. Absolutely not,” she said.


The courtyard at the Gannett headquarters in Tysons Corner, in a 2002 shot. (Washington Post)

The Gannett towers add up to about 785,000 square feet. LaPier said Gannett is planning to consolidate in one of the towers and allow other companies to occupy the rest. Already companies including Maximus, a health and human services contractor, and Octagon, a sports and entertainment marketing firm, are leasing space in the property. LaPier said about 140,000 square feet are available.

Gannett’s property isn’t easily walkable from the Silver Line stations but the space is likely to be significantly less expensive as a result, LaPier said.

“Everybody knows the building is there,” LaPier said. “They have these amazing conference facilities. So many of us have been to those conference facilities. And yet they have not realized that they could move their own companies there.”

Follow Jonathan O’Connell on Twitter: @oconnellpostbiz

Jonathan O'Connell has covered land use and development in the Washington area for more than five years.
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Jonathan O'Connell · February 12