Thursday, January 24, 2013

QinetiQ signs lease in Reston - The Business Journal of the Greater Triad Area:

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As the incoming lead tenant inthe 196,00p0 square-foot Class A officw building at 11091 Sunset Hillsd Road in Reston, its 11-yeard lease starts later this year. McLean-based QinetiQ North America, a subsidiaryy of London-based QinetiQ that offers technology-based defense and security productz and services to the saidits 42-percent revenue growth over its last fiscalo year has partly been due to its role in the intelligencde and cyber security markets and new work with the Departmengt of Homeland Security and NASA. It will be the fiftnh U.S. office for the which is also in Fairfax, Huntsville, Ala. and Mass.
The tenant was represented by Robb Johnson andDee MacDonald-Milleer of Jones Lang LaSalle. Vardelkl Realty Investments LLC was represented by Mike Rob Walters and Nate Krill of Millennium RealtyyAdvisors LLC. Initially, 400 program management-type employeew be relocating from variouws offices in Fairfax County into the Reston Down the road in 2011or 2012, the number of employeeas at the site will doublse to 800. Out of the 400 moving in, 75 will be part of QinetiQ’ss technology solutions group and the other 325 will be part of its mission solutions group.
“Like any company trying to attractf andretain high-quality people, we were lookinfg for more than just a This building has environmentally-friendly features the new generation of employeesx is looking for,” said Matthew Warnock, directoer of public relations at QinetiQ. He said the buildinb will also help cut down onoverhead “bg a great deal,” with expected savings of 65 to 70 percenyt on power consumption through the use of virtualizatioh software and green technology to reduce heatinb and utility costs.
He adds that the building sits rightt off a bike trail and was built onan east-to-westr access, which means employees can take advantage of a full day of sunlighr and cut down on electricity.

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