COMMERCIAL DEVELOPMENT

Amazon Web Services has entered into an agreement to purchase a vacant 107-acre site in Sterling, part of Chantilly Crushed Stone’s Waterside, where a 5-million-square-foot development is being planned. Amazon would use the Centennial Site portion for a new data center. Read more at the Washington Business Journal.

 

STARTUPS

As part of its expansion strategy, D.C.-based startup ICX Media will acquire Columbus, Ohio–based SEEN Digital Media, adding to the capabilities of its existing video content creation platform. Reade more at Technical.ly DC.

 

REAL ESTATE

D.C.’s Altus Realty and Dallas-based Velocis formed a partnership to acquire a two-building, 505,000-square-foot office property on Greensboro Drive from Beacon Capital Partners for an undisclosed price. The pair plans to renovate the Greensboro Park’s 11-story story building and a 14-story tower with updates to the lobbies, common areas and more. Read more at BisNow.