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VIRGINIA BEACH, VA-Cendant Corp. has taken a look at Florida, Illinois, and New Jersey, and decided to bring its Car Rental Group’s Shared Services Center to Virginia. The $1.6-million endeavor will create nearly 200 new jobs, just as the company’s human resources call center created 100 new jobs when it opened in the city last year.

Cendant’s new shared services center will occupy the 165,000-sf structure previously known as the Avis Building at 300 Centre Pointe Dr. Cendant acquired the property, valued at nearly $16 million, for an undisclosed price.

Company president and CEO Henry R. Silverman explains, “Our decision to relocate our Car Rental Group’s Shared Services Center to the Hampton Roads area was based on three primary factors: the skill sets of the local work force, synergies realized through our existing businesses there and incentives provided by the Commonwealth of Virginia.”

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