Monday, May 07, 2018

Orano USA leases space at JBG Smith's 4747 Bethesda Avenue development

Orano USA will consolidate its D.C. and Virginia operations at developer JBG Smith's under-construction 4747 Bethesda Avenue trophy office tower in downtown Bethesda. A subsidiary of Orano, a global nuclear fuel cycle firm headquartered in Paris, Orano USA has leased 21748 SF of office space on the future building's 10th floor. JBG Smith announced the lease this afternoon.

JBG Smith itself will relocate its Chevy Chase headquarters into 4747 Bethesda, but the addition of Orano USA bolsters the tenant roster, which already includes space leased by Booz Allen Hamilton and Host Hotels and Resorts.

Orano USA's D.C. area divisions are focused on decommissioning and dismantling of nuclear plants, and uranium contracts with utility companies. An existing TN Americas division is already located in Howard County.

“We are very pleased to welcome Orano at 4747 Bethesda Avenue along with Booz Allen Hamilton and Host Hotels and Resorts. Orano is a leading global company in their field and they represent the type of best-in-class organizations we sought to attract when we embarked on the development of the building,” David Ritchey, Executive Vice President at JBG SMITH said. “We would like to thank the Orano team, along with Brian Wood of CBRE, for their collaboration and partnership.”


Anonymous said...

Have to give props to Dyer for this one. Nice scoop.

More real stories like this and less of the nonsensical moribund narrative.

Baloney Concrete said...

Agreed, 2:35.

And well done, MoCo, scoring a major headquarters move! Quite a coup for the Cartel.

Robert Dyer said...

2:51: While definitely a positive development, this is not a "major headquarters" like Northrop, Volkswagen, Hilton Hotels, CEB, Intelsat, Nestle and Gerber, all of whom went to Northern VA. MoCo hasn't gotten a major corporate HQ for two decades and counting.

Robert Dyer said...

2:35: You can have a positive story like this while still having a moribund economy, as we do. You'll occasionally hear of jobs being added at a biotech company in the I-270 corridor, but the overall numbers are ghastly, as the mainstream media is now recognizing for the first time in the last 10 days. We're in real trouble, folks.

Anonymous said...

No it’s not a Fortune 500 company, but stil a nice ful floor tenant, with probably 100 or so new office workers supporting our local restaurants, retail and services. Also the fact that they are consolidating from DC and NoVa is also a good thing for Bethesda, Montgomery County and Maryland.

I commend you for not using the m word.

Anonymous said...

Orano is a publicly traded company that does over $5.5B in sales a year while Gerber is a subsidiary that does $1.5B. In what universe is Gerber a "major headquarters" while Orano isn't, Robert?

Robert Dyer said...

1:48: Neither is a Fortune 500, but Gerber is a household name. You're overthinking everything as usual, Saul Alinsky. MoCo has been whipped by NoVa, and you and the Council just got bodyslammed by the Sage report that confirms what I've been saying for years. MoCo is MORIBUND!!!

Once again my judgement is light years superior to our incompetent and impotent County Council.

Put that in your pipe and smoke it, Saul!

Anonymous said...

Robert, you are so ignorant if you don't understand how major this is. You don't know much about science much less nuclear services and business, which is one reason this isn't on your political BS radar. Congrats to Orano for coming to Bethesda. Down the street on 355 is a premier nuclear consulting agency, which I am certain Robert doesn't know the name. The CEO and founder was going to be nominated for energy secretary. Pity you Robert, really. You stink at knowing anything about this county and how awesome it is, just because you're desperate to have a title for the first time in your life. You make me sick.

Anonymous said...

In other news, Flower Child is coming to Wildwood -

Hippies and Nukes - what could go wrong?

Robert Dyer said...

3:17: I already have the title of "Honorable," as a previous elected official. You may address me as such from your dark room.

I know more about nuclear energy than anyone on the Council minus Roger Berliner, who is an energy lawyer.

There's only positive news about Orano coming to Bethesda. But it doesn't address or solve the moribund state of Montgomery County's economy - which the Post and Business Journal and even at least one reporter at Bethesda Magazine are now joining me in sounding the alarm about.

Orano = great news
Montgomery County moribund economy/massive debt = bad news

Anonymous said...

"I know more about nuclear energy than anyone on the Council minus Roger Berliner, who is an energy lawyer."

Must be all those science courses he took while he was pursuing his degree in Latin American History.

As an expert in nuclear energy, Dyer should be able to easily answer these questions:

1) What is the difference between plutonium and deuterium?

2) What is the difference between a proton and a photon?

3) What is the difference between a neutron and a neutrino?

4) What is the missing element in this series - uranium, thorium, radium, radon, lead?

5) Of the radioactive elements, what is it about radon that makes it especially dangerous to humans?

Anonymous said...

Who called you "the Honorable" when you were on the MoCo GOP Central Committee?

How come you weren't re-elected?

How come you haven't received any public endorsements from anyone?

Robert Dyer said...

2:46: It's not usually invoked in casual conversation, but in fact, I do hold the title of "The Honorable" Robert Dyer as a former elected official.

I didn't run for another term, so I wasn't on the ballot.

I have one endorsement I will be announcing, but I am awaiting decisions on 3 others I would like to have.