Geico moving training facility from Tysons to Ashburn
Insurance company Geico is moving its training facility from Tysons Corner to Ashburn, according to Baltimore-based Merritt Properties, one of the project’s developers.
Merritt said it entered into an agreement with Geico and Washington, D.C.-based Akridge for the development of a 32,675-square-foot office and training facility, which will be located at 20193 Ashbrook Place. Merritt Construction Services has broken ground on the project and expects to complete it in October.
The single-story, build-to-suit building will sit on about three acres of land within Merritt’s Ashbrook business park. Geico will own the lot and the building.
It will include classrooms for the training of Geico’s claims adjusters. The training also provides hands-on experience with accident vehicles, which will take place in the facility’s working labs and garages.
Jeff Groh and Michael Blyumin from JLL represented Geico, and Joseph Svatos represented Akridge in the real estate transaction. Akridge’s Andrei Ponomarev will represent Geico in the development and construction phase of the project.
Geico, the second-largest private passenger auto insurance company in the U.S., is based in Chevy Chase, Md.