Choice Hotels Executes Lease for New Corporate
July 12, 2011


Leading worldwide lodging company Choice Hotels International, Inc. (NYSE:CHH) today announced it has executed a lease for a new corporate headquarters in Rockville, Md.  The news follows the October 25, 2010, announcement by Governor Martin O’Malley, Montgomery County Executive Isiah Leggett and City of Rockville Mayor Phyllis Marcuccio that Choice Hotels had signed a letter of intent to move to Rockville when the lease on the company’s current building expires in 2013.   The new headquarters will be located at a building being completed at 121 Rockville Pike in Rockville Town Center, where the company will occupy approximately over 130,000 square feet of Class A office space. The building will be developed, constructed, owned, and managed by the Foulger-Pratt Companies. ...

... Choice Hotels International was founded in 1941 and has been headquartered in Silver Spring, Md. since 1968.  The company, which was assisted in its search by brokerage firm Studley, anticipates a summer 2011 groundbreaking for its new headquarters and a move-in date in spring 2013. ...

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