Industries

For the record - Northern Virginia

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BearingPoint, a McLean consulting company which filed for bankruptcy protection in February, entered into agreements to sell substantial parts of its business. Deloitte agreed to buy its public services business, BearingPoint’s largest unit, for $350 million. PricewaterhouseCoopers bought a large part of its North American commercial services for $25 million. (The Washington Post)

The Business Alliance, a Washington, D.C. nonprofit entity focused on support for entrepreneurs, ended its exclusive 20-year-old partnership with George Mason University to establish new relationships and expand programs in the region with other colleges and universities. The alliance has more than 100 corporate sponsors. (Business Wire)

Gyrodyne Company of America Inc., a real estate investment trust based in Long Island, N.Y., bought Fairfax Medical Center for $12.9 million. The 3.5-acre site is situated near a Hospital Corporation of America surgical center and its 58,000-square-feet of space is 84 percent leased to 28 tenants. (News release)

Hogan & Hartson LLP, a global law firm, moved its Northern Virginia office to Park Place II, an 11-story facility in Tysons Corner. The firm has almost 80 lawyers and staff in its Northern Virginia operation. (News release)

Logos Technologies Inc., an Arlington technology company, received a $35 million contract, including options, from the Defense Advanced Research Projects Agency to research and produce jet fuel from cellulose, a biomass waste product from plants and algae. Twenty-one organizations are involved in the project, which will be managed from Logos’ Northern Virginia laboratory. (PRNewswire)


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