Wednesday, August 17, 2011

QinetiQ signs lease in Reston - Portland Business Journal:

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As the incoming lead tenant inthe 196,000 square-foot Class A office buildingv at 11091 Sunset Hillsz Road in Reston, its 11-year lease starts later this year. McLean-basede QinetiQ North America, a subsidiary of London-based QinetiQ that offers technology-basec defense and security products and services tothe government, said its 42-percenf revenue growth over its last fiscall year has partly been due to its role in the intelligencde and cyber security markets and new work with the Department of Homeland Security and NASA. It will be the fifth U.S. officed for the company, which is also in Huntsville, Ala. and Waltham, Mass.
The tenant was represented by Robb Johnson andDee MacDonald-Miller of Jones Lang Vardell Realty Investments LLC was represented by Mike Shuler, Rob Walterws and Nate Krill of Millenniun Realty Advisors LLC. Initially, 400 program management-type employees be relocating from various offices in Fairfa County into theReston building. Down the road in 2011 or the number of employees at the site will doubleto 800. Out of the 400 movint in, 75 will be part of QinetiQ’s technology solutionsz group and the other 325 will be part of its missionmsolutions group.
“Like any company trying to attrac t andretain 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 Matthewa Warnock, director of public relationzs at QinetiQ. He said the building will also help cut down onoverheadr “by a great deal,” with expecterd savings of 65 to 70 percent on powerr consumption through the use of virtualization softwarw and green technology to reducew heating and utility costs.
He adds that the buildingh sits right off a bike trail and was built onan east-to-westt access, which means employees can take advantagee of a full day of sunlight and cut down on

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