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Alexandria warehouse sells for $9M
Washington, D.C.-based Lee & Associates has brokered the $9 million sale of a 28,000-square-foot warehouse at 619 S. Pickett St. in Alexandria to Terreno Realty Corp. The 1.27-acre site is adjacent to the Van Dorn Street Metro station. Josh Simon, president of Lee & Associates | Washington, D.C., represented the seller, DVPP LLC. The building […]
U.S. Senate Federal Credit Union opens new Alexandria HQ
United States Senate Federal Credit Union (USSFCU) held a grand opening for its Braddock Station corporate headquarters and retail branch in Alexandria on Wednesday. USSFCU selected 1310 Braddock Place, previously home to the National Industries for the Blind, in 2018. The new Bowman Branch on the first floor replaces the credit union’s Eisenhower Avenue location. […]
Va. Tech Innovation Campus hires communications and marketing director
The Virginia Tech Innovation Campus in Alexandria hired Franki Fitterer as the director of communications and marketing, the university announced Monday. Fitterer joined the campus’ team on Aug. 25. Fitterer will direct marketing and communications strategy for the Innovation Campus and will focus on enrollment marketing and the campus’ brand strategy. “We are thrilled to […]
Peduzzi Associates Ltd. names next president
Retired U.S. Air Force Maj. Gen. Garry Dean will become the president of Alexandria-based consulting company Peduzzi Associates Ltd. on Friday. Dean has served on the company’s board of advisers for the last four years. He has been an international airline captain for Delta Air Lines since he retired from the Air Force in 2015. […]
Alexandria-based SBG acquired by Fla. company
Alexandria-based defense contractor SBG Technology Solutions Inc. has been acquired by Florida-based Document Storage Systems Inc. (DSS), the companies announced last week. The financial terms of the deal, which was completed Sept. 8, were not disclosed. SBG will operate as a wholly-owned subsidiary of DSS and expand the company’s capabilities for the Department of Veterans […]
Five Va. companies win spots on $556M Navy contract
Five Virginia companies have won spots on an estimated $556 million U.S. Navy multiple-award contract to compete for task orders to provide technical services to the Office of the Chief Naval Operations Information Technology Department Command Information Office. Three Fortune 500 contractors — McLean-based Booz Allen Hamilton Inc., Reston-based CACI International Inc. and Reston-based Scienc[...]
Alexandria firm secures $164M Air Force contract
Alexandria-based national security contractor DCS Corp. has won a $164 million contract to support the U.S. Air Force Life Cycle Management Center’s Fighters and Advanced Aircraft Directorate (AFLCMC/WA) and Bombers Directorate (AFLCMC/WB). “DCS is proud to support the United States Air Force global power through this significant award,” said Larry Egbert, DCS executive vice pres[...]
Tech Innovation Campus sets groundbreaking for Sept. 14
Virginia Tech is set to break ground Sept. 14 on the first building for its $1 billion Innovation Campus in Alexandria. National Geographic Society Chairman Jean Case, wife of American Online co-founder Steve Case, will be the keynote speaker at the groundbreaking ceremony. A graduate school for computer science and computer engineering students, the Innovation […]
Alexandria apartment building sells for $6.25M
A 32-unit apartment building in Alexandria sold for $6.25 million, Marcus & Millichap announced Thursday. Located at 2314 through 2330 Glendale Terrace, the three-story Glendale Terrace Apartments building was initially built in 1963. The property is 26,880 square feet. Huntington Station LLC sold the property to Sheire Tonks 1 LLC. The Zupancic Group of Marcus […]
Alexandria-based ASI acquires New Hampshire company
Alexandria’s Advanced Solutions International (ASI) has acquired New Hampshire-based WBT Systems, a learning solutions provider, the company announced Wednesday. Terms of the deal were not disclosed. Founded in 1991, ASI provides subscription-based software and services for associations and nonprofits worldwide. WBT helps organizations expand their online learning portfolio. The company deve[...]
Alexandria’s SPA lands $185M contract for Defense Threat Reduction Agency
Alexandria-based Systems Planning and Analysis Inc. (SPA) has signed a contract with the Defense Threat Reduction Agency, the company announced Tuesday. The $185 million contract will be for research, development, test and evaluation subject matter expertise advisory and assistance support, according to a news release from SPA. The work will be performed at Fort Belvoir, […]
NoVa housing forecast: Still tight for single-family homebuyers
In the Northern Virginia Association of Realtors’ mid-year forecast released Friday, a panel of real estate experts predict a continued tight market for single-family homes and higher residential prices in the second half of the year, but the market appears to be normalizing from last year’s heights. “This year, the mid-year update is particularly relevant […]
