Burlington, MA, January 7, 2026
Keurig Dr Pepper has renewed its lease for a 274,000-square-foot headquarters in Burlington, MA, amidst a strategic split into two independent companies. This move not only signals the company’s commitment to the local economy but also highlights the Greater Boston area’s appeal for corporate operations. The planned creation of Global Coffee Co. as the world’s largest pure-play coffee company, alongside Beverage Co., reflects opportunities for job creation and economic growth in Massachusetts. The renewal represents a significant commitment to this thriving business corridor.
Burlington, MA: Keurig Dr Pepper Reinforces Local Presence Amidst Global Transformation
Burlington, MA – In a significant move signaling continued corporate confidence in the local economy, Keurig Dr Pepper (KDP) has renewed a substantial lease for its headquarters in Burlington, Massachusetts. This commitment comes as the beverage giant embarks on a strategic and ambitious plan to divide its global operations into two distinct, publicly traded entities. Such corporate restructuring and localized investment highlight the dynamism of the Greater Boston business landscape and underscore the importance of a supportive environment for entrepreneurial innovation and sustained economic growth.
The decision by Keurig Dr Pepper to maintain its significant footprint in the region, particularly for its forthcoming coffee business, offers a positive indicator for Boston MA business and the broader Massachusetts economy. It reflects a strategic blend of national corporate evolution and steadfast local commitment, paving the way for specialized focus and potentially new avenues for economic development and job creation within the Commonwealth.
Keurig Dr Pepper’s Sustained Commitment to Greater Boston
Keurig Dr Pepper has finalized the renewal of its lease for a 274,000-square-foot facility that serves as its headquarters in Burlington, Massachusetts. This lease renewal stands out as one of the largest office leases recorded in the Greater Boston area in recent months and throughout 2025. This substantial commitment to its current location reinforces Burlington’s role as a vital hub for corporate operations in the region.
The renewal occurs even as the campus property at 53 & 63 South Avenue, a two-building, 431,233 square-foot complex housing Keurig Dr Pepper’s headquarters, was sold in November for $85 million. The transaction saw Peakstone Realty Trust sell the property to Montana Avenue Capital Partners. The campus comprises a 280,560-square-foot office building and a 150,673-square-foot research-and-development/manufacturing facility. Despite the change in ownership, Keurig Dr Pepper’s decision to renew its lease demonstrates its long-term strategic interest in remaining within this thriving Massachusetts corridor.
A Bold Strategic Split: Focusing on Core Strengths
Keurig Dr Pepper is implementing a significant corporate restructuring, with plans to split its coffee and beverage operations into two independent, publicly traded companies: Global Coffee Co. and Beverage Co.. This strategic move, initially announced in August 2025, aims to create more focused entities, each poised for enhanced growth within its specific market segment. The split follows Keurig Dr Pepper’s plan to acquire JDE Peet’s in an $18 billion deal. This strategic acquisition is a key component of the overall transformation, setting the stage for the creation of a global leader in the coffee sector.
The Future of Coffee: Global Coffee Co. to Remain in Burlington
A crucial aspect of Keurig Dr Pepper’s restructuring, particularly for the local economy, is the decision to base the new Global Coffee Co. headquarters in Burlington, Massachusetts. This new entity is set to become the world’s largest pure-play coffee company, encompassing prominent brands such as Keurig, Peet’s, L’OR, and Jacobs. Projections indicate that the Global Coffee Co. will generate approximately $16 billion in annual net sales and will operate across more than 100 countries. The decision to keep this global enterprise anchored in Burlington underscores the region’s appeal for major corporations and its capacity to support international business operations.
Conversely, the Beverage Co., which will focus on soft drinks, including brands like Dr Pepper, Snapple, and Canada Dry, is slated to relocate its operations to Texas. This segment is anticipated to generate over $11 billion in annual sales, concentrating on the North American refreshment beverages market. The differentiation allows each new company to tailor its strategies and resource allocation to the unique dynamics of its respective market.
Economic Implications and Local Opportunity
The continued presence of a major corporate headquarters like the Global Coffee Co. in Burlington holds significant positive implications for the local and state economies. This strategic investment helps to stabilize the local job market and provides ongoing opportunities for Massachusettes entrepreneurs and Boston small business suppliers who can integrate into the company’s extensive supply chain. Large corporations often drive economic growth through direct employment, indirect job creation, and fostering a vibrant ecosystem of ancillary services and innovation.
The commitment by Keurig Dr Pepper reflects the enduring strengths of the Greater Boston area as a center for commerce and talent. A stable business environment, coupled with a skilled workforce and strategic location, continues to attract and retain significant private investment. This corporate decision serves as an encouraging example of how large enterprises can adapt to market demands while maintaining vital local ties, contributing to sustained economic growth.
Greater Boston’s Resilient Commercial Landscape
Keurig Dr Pepper’s lease renewal is reflective of broader trends observed within the Greater Boston office market. Despite facing evolving workplace dynamics, the region has demonstrated signs of recovery, with several large lease transactions indicating that companies are committing to long-term office space. While the market has experienced a period of higher vacancy rates, major deals are still taking place in both urban and suburban areas, suggesting underlying resilience and a renewed confidence among tenants.
This environment presents opportunities for businesses of all sizes, from established corporations like Keurig Dr Pepper to emerging Massachusettes entrepreneurs. The ability of the region to attract and retain significant corporate presences, even amidst strategic transformations, speaks to its fundamental advantages and its potential for ongoing economic growth. This resilience is a testament to the diverse economic sectors and the supportive community insights that characterize the Greater Boston area.
Looking Ahead: Supporting a Dynamic Economic Future
Keurig Dr Pepper’s strategic moves, particularly the enduring presence of its Global Coffee Co. headquarters in Burlington, are a strong vote of confidence in the vitality of the Greater Boston business community. As the company refines its focus, it contributes to the narrative of an adaptable and robust local economy driven by innovation and strategic investment. This period of transformation highlights the continuous opportunities for economic growth and stability within Massachusetts.
We encourage our readers to remain engaged with these significant economic developments and to continue supporting the diverse array of local businesses that contribute to the unique fabric and prosperity of our region. The future of Boston MA business and the broader economy is shaped by both large corporate decisions and the collective resilience of our small-business community.
Frequently Asked Questions (FAQ)
What is Keurig Dr Pepper’s latest business decision in Burlington, MA?
Keurig Dr Pepper has renewed its lease for its 274,000-square-foot Burlington headquarters. This is one of the largest Boston-area office leases in recent months and throughout 2025.
What are Keurig Dr Pepper’s plans regarding its business segments?
Keurig Dr Pepper plans to split its operations into two independent, publicly traded companies: Global Coffee Co. and Beverage Co..
Where will the Global Coffee Co. be headquartered?
The Global Coffee Co. will remain headquartered in Burlington, Massachusetts.
Which brands will be part of the Global Coffee Co.?
The Global Coffee Co. will include brands such as Keurig, Peet’s, L’OR, and Jacobs.
Where will the Beverage Co. be located?
The Beverage Co., focusing on soft drinks, will relocate to Texas.
What is the projected annual net sales for the Global Coffee Co.?
The Global Coffee Co. is projected to generate around $16 billion in annual net sales.
What is the projected annual net sales for the Beverage Co.?
The Beverage Co. is projected to generate over $11 billion in annual sales.
Has Keurig Dr Pepper’s headquarters property been sold recently?
Yes, the headquarters property at 53 & 63 South Avenue in Burlington was sold in November for $85 million to Montana Avenue Capital Partners from Peakstone Realty Trust.
Key Features of Keurig Dr Pepper’s Strategic Moves
| Feature | Details | Scope |
|---|---|---|
| Headquarters Lease Renewal | Renewed 274,000-square-foot lease in Burlington, Massachusetts. One of the largest Boston-area office leases in recent months/2025. | State-level |
| Company Split | Plans to separate into two independent, publicly traded companies: Global Coffee Co. and Beverage Co. | Nationwide |
| Global Coffee Co. HQ | Will be headquartered in Burlington, Massachusetts. | State-level |
| Global Coffee Co. Brands | Includes Keurig, Peet’s, L’OR, and Jacobs. | Nationwide |
| Global Coffee Co. Projected Sales | Around $16 billion in annual net sales; world’s largest pure-play coffee company. | Nationwide |
| Beverage Co. Relocation | Will relocate to Texas. | Nationwide |
| Beverage Co. Focus | Focuses on soft drinks like Dr Pepper, Snapple, and Canada Dry. | Nationwide |
| Beverage Co. Projected Sales | Over $11 billion in annual sales. | Nationwide |
| Headquarters Property Sale | 431,233-square-foot campus at 53 & 63 South Avenue sold for $85 million to Montana Avenue Capital Partners. | State-level |
Deeper Dive: News & Info About This Topic
HERE Resources
Author: STAFF HERE BOSTON WRITER
The BOSTON STAFF WRITER represents the experienced team at HEREBoston.com, your go-to source for actionable local news and information in Boston, Suffolk County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Boston Marathon, Head of the Charles Regatta, and Boston Harborfest. Our coverage extends to key organizations like the Greater Boston Chamber of Commerce and Associated Industries of Massachusetts, plus leading businesses in finance, biotech, and insurance that power the local economy such as Fidelity Investments, Biogen, and Liberty Mutual Insurance. As part of the broader HERE network, we provide comprehensive, credible insights into Massachusetts's dynamic landscape.
