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SimpliSafe customer support center to create 572 jobs in Henrico
Home security system manufacturer SimpliSafe is establishing a customer support center in western Henrico County, a deal expected to create 572 jobs, Gov. Ralph Northam announced Thursday. The Boston-based company will invest $5.5 million in a facility at 1601 Willow Lawn Drive, close to the Richmond city line. SimpliSafe provides self-installed home security devices, 24-hour […]
Alexandria venture capital firm secures $350M in funding
Alexandria-based boutique venture capital firm QED Investors secured $350 million in funding for fintech companies in North America, South America and the United Kingdom, the company announced Wednesday, making it the sixth round of funding in the firm’s 12-year history. QED was co-founded in 2007 by Frank Rotman and Capital One Financial Corp. co-founder Nigel […]
Amazon signs lease on PBS HQ space in Arlington
Amazon.com Inc. has signed a lease with its HQ2 landlord and developer JBG Smith Properties for a 272,000-square-feet building in Arlington that has served as the headquarters for the Public Broadcasting Service (PBS) since 2006. The e-commerce giant expects to move into the space at 2100 Crystal Drive by the end of 2020. PBS will […]
$32.4M apartment complex coming to Scott’s Addition
A $32.4 million, 350-unit apartment complex will be built in the Scott’s Addition neighborhood in Richmond, Glen Allen-based real estate investment group Capital Square 1031 announced Tuesday. The project will be developed by CSRA/GS Opportunity Zone V LLC at 1601 Roseneath Road, which is a designated opportunity zone in the c[...]
Arlington’s Venture Global LNG signs sales agreement with French utility
A subsidiary of Arlington-based liquefied natural gas producer Venture Global LNG Inc. has entered into a 20-year sales and purchase agreement to provide 1 million tons of liquified natural gas per year to the world’s largest electricity producer, Électricité de France (EDF), Venture Global announced Tuesday. Venture Global Plaquemines LNG LLC, a 630-acre natural gas […]
Water heater manufacturer will create 180 jobs in James City County
Navien Inc., a U.S. subsidiary of a South Korean manufacturer of water heaters and boilers, is setting up shop at the former Lumber Liquidators building in James City County, creating 180 manufacturing jobs, Gov. Ralph Northam announced Tuesday. This is the first U.S. manufacturing operation for KD Navien, which is headquartered in Seoul, and the […]
Building in Ashland’s Northlake Business Park sells for $9.1M
The Creative Office Environments building in Ashland has sold for $9.1 million to New York City-based One Liberty Properties Inc., Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday. The 88,003-square-foot property is located at 11798 N. Lakeridge Parkway in Ashland and is the headquarters for workpl[...]
Reston-based Stanley-Martin to acquire Essex Homes
Reston-based construction company Stanley-Martin Communities LLC will acquire the home-building assets of Lexington, South Carolina-based home-building company Essex Homes in North Carolina and South Carolina in a deal expected to close by the end of the month. Financial terms of the transaction were not disclosed. Stanley-Martin — a subsidiary of a Japanese firm, Daiwa House […]
Booz Allen Hamilton awarded $147.4M NIH contract
McLean-based information technology consulting firm Booz Allen Hamilton has been awarded a $147.4 million contract to provide technical support for the National Institutes of Health’s National Institute of Allergy and Infectious Diseases (NIAID). Under the five-year contract, Booz Allen will work with NIAID’s Office of Computer Infrastructure and Computational Biology to develop and maintain clinical […][...]
George Mason University names new president
The George Mason University Board of Visitors has selected Gregory Washington, the dean of the University of California, Irvine’s Henry Samueli School of Engineering, as the eighth president of George Mason. Washington will start on July 1. He takes over from former state Secretary of Education Anne Holton, who has served [...]
Alarm.com launches apprenticeship program
In cooperation with Northern Virginia Community College, Tysons-based Alarm.com launched an apprenticeship program Friday aimed at producing workers with in-demand tech skills. Supported by the state’s GO Virginia economic development initiative, 10 initial apprentices, including three from the military community, will partici[...]
Dominion, PGEC sign deal to bring broadband to Surry County
Dominion Energy Virginia and Prince George Electric Cooperative (PGEC) signed a memorandum of understanding that would bring high-speed internet to about 7,000 households in Surry County, Dominion announced Friday. This is the first time a utility and a cooperative have partnered to expand broadband access in Virginia, according to Dominion’s news release. The agreement would […]
