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FSA Federal awarded $1.3B DOJ contract
Ashburn-based government services company FSA Federal announced Tuesday it has won a U.S. Department of Justice contract potentially worth $1.3 billion . Under the contract, FSA Federal will continue to work on its DOJ Asset Forfeiture Administrative Support Services contract. Started in 2004 to support DOJ law enforcement contr[...]
Gannett announces mass layoffs, pay cuts, furloughs
McLean-based Gannett Co. Inc., the nation’s largest newspaper publisher, sent an email to employees Monday announcing mass layoffs, furloughs and pay cuts, according to The Daily Beast. Like other media outlets, the company has reportedly a large drop in advertising revenues recently due to the financial crisis caused by the COVID-19 pandemic. Gannett has a […]
Tegna acquisition talks fall through
As the financial fallout from the COVID-19 pandemic escalates, Tysons-based Tegna announced that two offers to acquire the Gannett spinoff company have fallen through. “TEGNA and its advisors engaged substantially with two of these parties and provided them extensive non-public due diligence information,” the company wrote in a statement over the weekend. “These two parties […]
Amazon scoops up more NoVa land
Another quarter, another Amazon.com Inc. buying spree in Northern Virginia. In January, the company bought 6.2 acres in Arlington County, the location of HQ2, for $154.95 million. According to county records, Acorn Development LLC, an Amazon subsidiary, bought the land from JBG Smith Properties, from which it leases its current [...]
Followups: The View at Tysons comes into focus
The developers of the proposed The View at Tysons project purchased the remaining land needed for the development in February, according to Fairfax County land records. Tysons-based Clemente Development Co., in partnership with Saudi Arabian corporate titan Khaled bin Ahmed Al Juffali, purchased a trio of properties near the Spr[...]
Developer to renovate Rosslyn Marriott, construct three residential buildings
The Rosslyn Marriott hotel will be partially demolished and renovated and three residential buildings will be added to the site, according to a release from the Arlington County Board. Financial terms of the plans were not released. The hotel is located at 1401 Lee Highway and currently has 445 rooms. Site developer KBLH LLC wil[...]
Spotsylvania County office building sells for $3.8M
An office building in Spotsylvania County sold for $3.8 million, Cushman & Wakefield | Thalhimer announced March 24. The office building, Deep Run Building C, is 42,216 square feet and was 100% leased at the time of the transaction. It is located at 11905 Bowman Drive, which is less than a mile from the Rappahannock [&hellip[...]
Prince William Health District reports first COVID-19 death; Fairfax reports second death
A man in his 70s died Friday in a hospital from respiratory failure, Prince William Health District officials announced Friday evening. It is the first COVID-19 death recorded in the district, which includes Manassas and Woodbridge Fairfax County Health District reported its second coronavirus death, a man in his 60s who contracted the virus during […]
First COVID-19 death reported in Loudoun; Va. toll now at 14
The Loudoun County Health Department reported its first COVID-19 death Thursday afternoon, bringing the total fatalities in Virginia to 14. The patient was a woman in her 70s who died from respiratory failure caused by the virus. She was hospitalized, according to a press release from the county. “We are saddened by the first confirmed […]
Northern Virginia Community College launches COVID-19 emergency fund for students
Northern Virginia Community College (NOVA) Educational Foundation on Monday launched an emergency student aid fund to help students struggling with economic fallout from COVID-19, with a goal to issue $500 grants to at least 1,500 students. More than half of NOVA’s 85,000 students work full- or part-time jobs, according to the community college, and the […]
Northern Va. home prices rise, home inventory falls in February
Chantilly-based Long & Foster Real Estate released a report Thursday showing that median home sale prices rose, but home inventory dropped in most of Northern Virginia in February. The Long & Foster Real Estate Market Minute Report studied trends in Alexandria, Arlington, Fairfax County, Loudoun County and Prince Willi[...]
JBG Smith gets green light for 300-foot-tall apartment towers in Crystal City
Bethesda, Maryland-based developer JBG Smith Properties has secured the final permissions from Arlington County for two, 300-foot-tall apartment towers in Crystal City near where the real estate company is developing and leasing space for Amazon.com Inc.’s $2.5 billion HQ2 East Coast headquarters. The mixed-use development[...]
