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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[...]
Sterling biotech firm launches COVID-19 test
Sterling-based biotech company Aperiomics has launched a COVID-19 test available for to medical providers nationwide for $250 per sample. Aperiomics says it has the capacity to process and deliver results on 1,000 tests per week. The company says it can turn around results from its Xplore-COVID-19 tests within 48 to 72 hours of receiving a […]
Tegna receives new acquisition offer
Now the subject of a bidding war, Tysons-based broadcast and digital media company Tegna Inc. has received a new acquisition offer from investment firm The Najafi Cos. and religious broadcaster Trinity Broadcasting Network (TBN) that values the company at $20 per share cash, the companies announced Thursday. Tegna was once part of McLean-based mass media […]
MicroStrategy CEO draws fire for denying COVID-19 is health crisis
Michael Saylor, the CEO of Tysons-based tech company MicroStrategy Inc., wrote a later-redacted three-page memo to his 2,400 employees this week arguing that COVID-19 is not a public health crisis and saying he refused to close down MicroStrategy’s offices and shift to teleworking unless he was legally required to do so. In the letter, he […]
