Tradeline, Inc. filters and categorizes new-construction and industry news from regional and professional journals across the country. Here you will find new projects, products, and regulatory updates.
Industry News
Verisign Considers Dulles Station Office Space
Verisign is considering 600,00-sf of new office space in the 1.5 million-sf Dulles Station project in Herndon. The California-based Internet service company will be consolidating its four Herndon offices and 1,000 employees in the new space. Verisign may obtain between 500,000-sf and 700,000-sf of the Dulles Station complex developed by Crimson Partners. Groundbreaking on the first 176,000-sf building is scheduled for April, with construction completed in one year.
Qiagen Sciences Completes New Facility
Qiagen Sciences is completing a 190,000-sf facility in Germantown, where the company is licensed to manufacture products resulting from the collaboration of Seattle-based Qiagen Genomics and The Institute for Genomic Research in Rockville, Md., on tuberculosis strains. Qiagen Genomics' parent company is Germany-based Qiagen.
Teleglobe Relocates Headquarters to Reston
Teleglobe is relocating its corporate headquarters from Montreal to Reston, adding 200 personnel to its 800-person staff base in Northern Virginia. As part of a plan to build data centers around the country, Teleglobe is planning an 126,000-sf facility in D.C. as well as searching for a site to lease on the Dulles Corridor in the "Silicon Valley of telecommunications".
Alkermes Leases Chelsea Site
Cambridge-based pharmaceutical company Alkermes, Inc., has leased 91,000-sf in Chelsea at Brickyard Square Biotech Park to house its subsidiary, Advanced Inhalation Research. The space features 28-foot high ceilings conducive to manufacturing. Alkermes will invest more than $25 million in the structure.
Wipro Plans India Development
Santa Clara, Calif.-based Wipro Technologies is planning a 30-acre campus in Hyderabad, India. As a part of Wipro Ltd., a Bangalore-based IT services provider, the software development center will house 3,000 software professionals. Wipro currently employs over 1500 workers in their existing Hyderabad facility.