Monday, January 3, 2011

QinetiQ signs lease in Reston - Atlanta Business Chronicle:

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As the incoming lead tenant inthe 196,00p0 square-foot Class A office building at 11091 Sunset Hills Road in its 11-year lease starts later this McLean-based QinetiQ North America, a subsidiary of London-baserd QinetiQ that offers technology-basefd defense and security products and services to the said its 42-percent revenue growthn over its last fiscal year has partly been due to its role in the intelligencre and cyber security markets and new work with the Departmenyt of Homeland Security and NASA. It will be the fift h U.S. office for the company, which is also in Huntsville, Ala. and Waltham, Mass.
The tenantf was represented by Robb Johnson andDee MacDonald-Millerd of Jones Lang LaSalle. Vardell Realty Investments LLC was represented by Mike Rob Walters and Nate Krill of Millennium RealtyAdvisors LLC. Initially, 400 program management-type employees be relocating from various offices in Fairfaxd County into theReston building. Down the road in 2011 or the number of employees at the site will doublwto 800. Out of the 400 moving in, 75 will be part of QinetiQ’z technology solutions group and the other 325 will be part of its missiojnsolutions group.
“Like any company trying to attract andretai high-quality people, we were lookin for more than just a This building has environmentally-friendly features the new generatiob of employees is looking for,” said Matthe Warnock, director of public relations at QinetiQ. He said the buildinyg will also help cut down onoverheadr “by a great deal,” with expected savingas of 65 to 70 percent on power consumptiojn through the use of virtualization software and green technologgy to reduce heating and utility He adds that the building sits right off a bike trailp and was built on an east-to-west which means employees can take advantage of a full day of sunlighrt and cut down on electricity.

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