What will Amazon HQ2 look like? Arlington planners weigh in.
Arlington County Planning Division’s Site Plan Review Committee will review the layout and architectural design for PenPlace, the proposed second phase of Amazon.com Inc.’s East Coast headquarters, as well as the proposed public space, in its Monday night meeting. Meeting documents show the proposed layout of the Pentagon Ci[...]
Commercial real estate sales roundup
Central Virginia A Starbucks at 2627 Emmet St. North in Charlottesville has been sold for $3.85 million, Cushman & Wakefield | Thalhimer announced Dec. 3. Riverbend Development sold the 2,317-square-foot freestanding building, which includes a Wells Fargo ATM. The transaction was completed by Catherine Spangler of Cushman & Wakefield | Thalhimer’s Capital Markets Group. Landmark […][...]
Sterling warehouse sells for $20.8M
Washington, D.C.-based financial technology company Fundrise has purchased a 76,500-square-foot warehouse located at 22480 Randolph Drive in Sterling for $20.8 million, Edge Capital Markets announced Thursday. Edge Capital Markets declined to name the seller. The warehouse is in Broad Run Business Park near the intersection of R[...]
Appian CFO to retire in 2022
Mark Lynch, Appian Corp.’s chief financial officer, will retire effective March 31, 2022, the McLean-based cloud computing company announced Friday. Appian will fill the position through an executive search process. Mark Matheos, the company’s senior vice president and global controller, will be promoted to chief acc[...]
The Carlyle Group to acquire CNSI
Washington, D.C.-based private equity firm The Carlyle Group announced Thursday that affiliated funds under its management have agreed to acquire McLean-based health information technology provider CNSI. Financial terms of the transaction, which is expected to close in December, were not disclosed. Greenwich, Connecticut-based firm Alvarez & Marsal Capital Partners currently owns CNSI. “We believe CNSI […][...]
Peraton to move HQ from Herndon to Reston
Federal contractor Peraton Inc. is moving its headquarters from Herndon to Reston, the company announced Thursday. Peraton has signed a lease at 1875 Explorer St. in Reston Town Center. It expects to begin operating in the new headquarters by September 2022, after the completion of initial construction phases. In 2021, Peraton c[...]
MicroStrategy buys $414M more bitcoin in Q4
MicroStrategy Inc. bought $414.4 million worth of bitcoin — about 7,002 units — from Oct. 1 to Nov. 29, the Tysons-based business software company reported to the U.S. Securities and Exchange Commission on Monday. The company now holds about 121,044 bitcoins, for which it paid $3.57 billion total. The average purchase price [...]
3Pillar Global promotes COO, chief people officer
Fairfax-based product lifecycle management company 3Pillar Global Inc. announced two promotions Tuesday: David Sawatzky to chief operating officer and Jamie Whitacre to chief people officer. Sawatzky was previously the company’s chief delivery officer. Whitacre served as the senior vice president of talent. “Dave and Jamie a[...]
Pentagon City plan aims for higher density
A major study that will shape the future of Pentagon City is entering its final stages. The Arlington County urban village has grown from empty fields and warehouses in the 1950s to become one of the Washington, D.C., area’s busiest neighborhoods. With construction plans now under community review for Amazon.com Inc.’s HQ2[...]
Mitre elects next chairman
The Mitre Corp.’s Board of Trustees elected Mike Rogers as chairman, the McLean- and Bedford, Massachusetts-based nonprofit announced Nov. 16. Rogers joined Mitre’s board in 2016 and has served as vice chairman since 2018. “Mike’s vast national security expertise and experience help strengthen MITRE’s whole-of-nati[...]
SAIC wins potential $1.11B Navy contract
Reston-based Fortune 500 government contractor Science Applications International Corp. (SAIC) won an up to $1.11 billion contract with the U.S. Navy, the U.S. Department of Defense announced last week. Under the fixed-price incentive, firm-fixed-price and cost-plus-fixed-fee $123.68 million contract, SAIC will provide MK 48 Mod[...]
BlueHalo acquires Md. software company
Arlington-based tech contractor BlueHalo announced Tuesday that it had acquired Annapolis Junction, Maryland-based software solutions provider Asymmetrik Ltd. Financial details of the transaction were not disclosed. Founded in 2008, Asymmetrik develops software solutions and technology tools to enable the intelligence community’s programs. It delivers open-source intelligence technologies to enable the collection and analysis of publi[...]