Monday, April 18, 2011

QinetiQ signs lease in Reston - Sacramento Business Journal:

http://www.kello-bilt.com/index.php?option=com_content&view=article&id=80&Itemid=133
As the incoming lead tenany inthe 196,000 square-fooyt Class A office building at 11091 Sunset Hills Road in Reston, its 11-year lease starts latert this year. McLean-based QinetiQ North America, a subsidiary of London-basedd QinetiQ that offers technology-based defensew and security products and services to the saidits 42-percent revenue growtu over its last fiscal year has partly been due to its role in the intelligencre and cyber security markets and new work with the Departmenr of Homeland Security and NASA. It will be the fifthy U.S. office for the which is also in Huntsville, Ala. and Waltham, Mass.
The tenant was represented by Robb Johnson andDee MacDonald-Mille of Jones Lang LaSalle. Vardell Realtu Investments LLC was represented by Mike Rob Walters and Nate Krill of Millennium RealtyyAdvisors LLC. Initially, 400 program management-typs employees be relocating from various officesd in Fairfax County into the Reston Down the road in 2011or 2012, the number of employees at the site will doublr to 800. Out of the 400 moving in, 75 will be part of QinetiQ’x technology solutions group and the othet 325 will be part of its missionsolutions group. “Like any company tryingf to attract andretain high-quality people, we were lookinbg for more than just a building.
This building has environmentally-friendlyh features the new generationm of employees is looking saidMatthew Warnock, director of publiv relations at QinetiQ. He said the buildinh will also help cut down onoverheadr “by a great deal,” with expectedr savings of 65 to 70 percent on powet consumption through the use of virtualizationn software and green technology to reduce heatingv and utility costs. He adds that the buildinv sits right off a bike trail and was built onan east-to-wesgt access, which means employees can take advantage of a full day of sunlightr and cut down on electricity.

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