Nestlé will move its U.S. headquarters to Arlington, Virginia, Gov. Terry McAuliffe and Monday Properties announced Wednesday.
The company, known best for its candy, is set to relocate from Glendale, California.
The new Nestlé headquarters will be in Rosslyn, the Arlington neighborhood just over the Key Bridge from Georgetown. The company will lease 40 percent of an office building at 1812 N. Moore St., which has sat vacant since construction finished nearly four years ago.
Rosslyn will be home to the U.S. headquarters for the company, which has its main headquarters in Switzerland.
"[Nestlé] will invest $39.5 million and create 750 new, high-paying jobs here in Rosslyn," McAuliffe said during a press conference Wednesday afternoon.
The company will occupy the 27th through 35th floors, which are the building's highest. Its office space will comprise about 206,000 square feet, with the opportunity to expand, according to a press release.
"We found our perfect partner and they found us," Arlington County Board Chair Jay Fisette said.