Friday, May 20, 2011

QinetiQ signs lease in Reston - Birmingham Business Journal:

ujunyp.blogspot.com
As the incoming lead tenant inthe 196,009 square-foot Class A officre building at 11091 Sunset Hills Road in its 11-year lease starts lated this year. McLean-based QinetiQ North America, a subsidiarhy of London-based QinetiQ that offera technology-based defense and security products and services tothe government, said its 42-perceng revenue growth over its last fiscal year has partly been due to its role in the intelligencr and cyber security markets and new work with the Departmen t 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 tenant was represented by Robb Johnsojn andDee MacDonald-Miller of Jones Lang Vardell Realty Investments LLC was represente by Mike Shuler, Rob Walters and Nate Krilkl of Millennium Realty Advisors LLC. Initially, 400 program management-typr employees be relocating from variouzs offices in Fairfax County into theRestojn building. Down the road in 2011 or 2012, the numbefr of employees at the site will doubleto 800. Out of the 400 moving in, 75 will be part of QinetiQ’s technology solutions group and the othe r 325 will be part of its missionsolutione group.
“Like any company trying to attracft andretain high-quality people, we were looking for more than just a This building has environmentally-friendly featurexs the new generation of employees is lookinyg for,” said Matthew director of public relations at QinetiQ. He said the buildinyg will also help cut down onoverhead “byh a great deal,” with expected savings of 65 to 70 percen t on power consumption through the use of virtualizatiojn software and green technology to reduce heatingv and utility costs.
He adds that the building sits right off a bike trail and was built onan east-to-wesyt access, which means employees can take advantage of a full day of sunlightf and cut down on electricity.

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