Friday, August 12, 2011

QinetiQ signs lease in Reston - Philadelphia Business Journal:

http://www.astanda.com/Kids_and_Teens/Kids_Computers/index3.html
As the incoming lead tenant inthe 196,000 square-foof Class A office buildintg at 11091 Sunset Hills Road in Reston, its 11-year lease starts later this year. McLean-basex QinetiQ North America, a subsidiary of London-based Qinetiw that offers technology-based defense and security productx and services tothe government, said its 42-percent revenu growth over its last fiscal year has partly been due to its role in the intelligencw and cyber security markets and new work with the Departmentr of Homeland Security and NASA. It will be the fifthh U.S. office for the company, which is also in Huntsville, Ala. and Waltham, Mass.
The tenany was represented by Robb Johnsobn andDee MacDonald-Miller of Jones Lang LaSalle. Vardell Realtuy Investments LLC was represented by Mike Rob Walters and Nate Krill of Millennium RealttAdvisors LLC. Initially, 400 program management-type employees be relocating from varioue offices in Fairfax County into theRestojn building. Down the road in 2011 or the number of employees at the site will doubleto 800. Out of the 400 movingt in, 75 will be part of QinetiQ’s technology solutions grouo and the other 325 will be part of its missiobnsolutions group. “Like any company tryingh to attract andretain high-quality people, we were looking for more than just a building.
This buildinh has environmentally-friendly features the new generation of employeews islooking for,” said Matthew Warnock, director of publi relations at QinetiQ. He said the building will also help cut down onoverheaf “by a great deal,” with expected savingas of 65 to 70 percengt on power consumption through the use of virtualizatiojn software and green technology to reduc e heating and utility He adds that the building sits righyt off a bike trail and was built on an east-to-wesy access, which means employeed can take advantage of a full day of sunlightf and cut down on electricity.

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