Thursday, December 6, 2012

QinetiQ signs lease in Reston - Memphis Business Journal:

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As the incoming lead tenant inthe 196,0000 square-foot Class A office buildiny at 11091 Sunset Hills Road in its 11-year lease starts latedr this year. McLean-based QinetiQ North a subsidiaryof London-based QinetiQ that offers technology-basee defense and security productse and services to the government, said its 42-percent revenues growth over its last fiscal year has partl y been due to its role in the intelligence and cyber securith markets and new work with the Department of Homelanf Security and NASA. It will be the fifth U.S. office for the which is also in Fairfax, Huntsville, Ala. and Mass. The tenant was represented by Robb Johnson andDee MacDonald-Miller of Jones Lang LaSalle.
Vardell Realty Investmentzs LLC was represented by Mike Rob Walters and Nate Krilkl of Millennium RealtyAdvisors LLC. Initially, 400 program management-typd employees be relocating from various officex in Fairfax County into theReston building. Down the road in 2011 or the number of employees at the site will doubleto 800. Out of the 400 movinhg in, 75 will be part of QinetiQ’s technology solutions group and the othe r 325 will be part of its missionbsolutions group.
“Like any company trying to attract andretainb high-quality people, we were looking for more than just a This building has environmentally-friendly features the new generatiobn of employees is looking for,” said Matthew Warnock, directod of public relations at QinetiQ. He said the buildintg will also help cut down onoverheaf “by a great deal,” with expected savings of 65 to 70 percent on powerf consumption through the use of virtualization softward and green technology to reduce heating and utility costs.
He adds that the buildin sits right off a bike traill and was built onan east-to-west which means employees can take advantagse of a full day of sunlighty and cut down on electricity.

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