Hilton Hotels Corporation announced the opening of its new global headquarters at Park Place II in the Tysons Corner area of McLean in Fairfax County, Va. As previously announced, the relocation from Beverly Hills, California follows a thorough review of locations that were evaluated against multiple criteria, including costs, proximity to Hilton's major business hubs and suitability of available commercial space.

Christopher J. Nassetta, President and Chief Executive Officer, said, "The opening of our new global headquarters marks the beginning of a new and exciting chapter in our company's rich history. We are delighted to join the vibrant Fairfax County business community and are confident that our new location will enhance our ability to operate seamlessly as a global company."

"Hilton's decision to locate its global headquarters in Virginia is a strong affirmation of the talent and professionalism of our workforce and the competitiveness of Virginia as a headquarters location," said Virginia Governor Timothy M. Kaine. "This is a tremendous announcement for us and the latest indication that Virginia continues to be recognized as the best state for business. We welcome Hilton to the Commonwealth."

Hilton's global headquarters is LEED Gold certified, meeting one of the highest environmental standards for design, construction and operation. Hilton occupies approximately one-third of the 11-story, 323,000-square-foot building. The property, which is located at 7930 Jones Branch Drive, was completed in 2008 and is owned by the B.F. Saul Real Estate Investment Trust. It is adjacent to the Hilton McLean Tysons Corner, a Hilton-owned and managed property.