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For the record - Northern Virginia

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George Washington University bought a building for its Virginia campus at University Center in Ashburn. The former Tellabs building adds 70,000 square feet plus adjacent land to its satellite campus, which now includes four buildings and more than 100 acres of land. (News release)

Interstate Hotels & Resorts, a hotel real estate investor and manager headquartered in Arlington, had its common stock suspended from trading by the New York Stock Exchange. IHR failed to meet the requirement of a minimum $15 million market capitalization over a consecutive 30-day trading period. (PRNewswire)

NeoSystems Corp., a Vienna-based provider of financial and contract management services, received $5.1 million in financing from Salem Halifax Capital Partners of Winston-Salem, N.C., and Access National Bank of Reston. The proceeds will be used to acquire and customize more software products in order to expand services it provides. (News release)

Orbital Sciences Corp., a developer of satellites and space systems headquartered in Dulles, announced plans for a $50 million repurchase program for the company’s common stock over a 12-month period. The plan overlaps a similar stock repurchase plan which expires May 2. (Business Wire)

Stanley Inc., an Arlington-based provider of systems integration services, was ranked 70th on Fortune’s latest list of the “100 Best Companies To Work For.” The company’s first appearance on the list came in 2007 when it was ranked 100th. (News release)


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