Herndon-based Beacon Roofing Supply Inc. has acquired Seattle-based Atlas Supply Inc. as part of plans to add complementary products to is roofing an building materials distributions. Terms of the deal were not disclosed, but the move follows Beacon’s $2.8 billion acquisition of New Jersey-based Allied Building Products Corp. earlier this year. Read more at the Washington Business Journal.
COMMERCIAL REAL ESTATE
Samsung has signed a lease for over 28,000 square feet of space in the Hine School development at 700 Pennsylvania Ave. SE for its U.S. Public Affairs division headquarters. The communications giant also plans to provide an interactive demonstration center and events space. Read more at BisNow.
The Montgomery County Department of Economic Development will work with Launch Workplaces to renovate and manage the Silver Spring Innovation Center coworking space for the next three years. The 2,000-square-foot space currently has room to house about 20 companies. Read more at Technical.ly DC.
Baltimore/Washington International Thurgood Marshall Airport opened several new concession options; a 1,000-square-foot Sir Veza’s Kitchen and Kantina, a 455-square-foot Martini craft cocktail bar, a 100-square-foot farmers market and a 300-square-foot accessories store, Baggallini. BWI saw a record of 28 million passengers this year. Read more at the Baltimore Business Journal.
Walmart has entered into a strategic partnership with Microsoft for five years. Under the agreement, the retailer will be able use utilize Microsoft’s cloud solutions including Azure and Microsoft 365 to improve its ecommerce capabilities and make shopping faster and easier. Read more at The New York Post.
Rolls-Royce announced a five-year plan to develop a hybrid electric vehicle that lands and takes off vertically with a top speed of 200 miles per hour. The company projects it will have a prototype version of its EVTOL plane within the next two years. Read more at Phys.org.