Pepsi Beverages Company (PBC), the bottling division of PepsiCo, Inc., today announced its headquarters offices will remain in Somers, NY for at least to the end of 2015.
The lease agreement also includes an option to extend the lease for an additional five years.
The nine-story 540,000-square-foot building located at 1 Pepsi Way in Somers houses approximately 1,200 employees and contractors who lead and support PBC’s 70,000 employees in the U.S., Canada and Mexico. PBC currently occupies seven of those floors and, as the sole tenant, can expand to fill the remaining space over time.
The Somers building has been part of the Pepsi enterprise since 1985. It was previously the headquarters of Pepsi Bottling Group, which merged with PepsiCo last year. The building’s owner is Murray Hill Properties.
According to earlier news reports, the City of Danbury wooed Pepsi to move PBC to that Connecticut city.
Read the March 24 press release here.
LINKS:
http://www.pepsiamericas.com/PressRelease/Pepsi-Beverages-Company-to-Remain-in-Somers-New-York03242011.html
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