Discovery Announces Location of Maryland Network Hub

300 employees will relocate to Brookfield Properties' Silver Spring Metro Plaza

Silver Spring Metro Plaza via Silver Spring Metro Plaza website

Discovery Inc. announced Thursday it has signed a contract with Brookfield Properties to lease 60,000 square feet in a downtown Silver Spring building complex that will serve as the home of the company’s new Maryland Network Hub.

“We are excited to be able to keep a presence in Silver Spring to continue to support and draw from the robust Maryland and DC-area production community that has developed alongside Discovery over the past 35 years,” David Leavy, Discovery’s chief corporate operations and communications officer, said in a press statement.

Approximately 300 full-time employees will relocate to the new offices at Brookfield’s Silver Spring Metro Plaza from the company’s One Discovery Place headquarters just blocks away. The employees will serve in positions related to network and support functions and government relations in the offices at 8403 Colesville Road, according to the company.

Last year Discovery announced it would be leaving Silver Spring and has since moved its national headquarters to Knoxville, Tennessee, and is planning to move its global headquarters to New York City in 2019. The company employees about 1,300 people.

The Washington Business Journal reported Wednesday that Potomac-based developer Foulger-Pratt had partnered with New York City-based Cerberus Capital Management to buy the company’s headquarters building at the corner of Georgia Avenue and Colesville Road for $70 million. Discovery announced the sale Thursday along with the news about leasing the Colesville Road office space.