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Recent Articles from Beth JoJack
Salem book distribution center sells for $11.55M
A 170,000-square-foot Salem warehouse leased by ReaderLink sold for $11.55 million to Thalhimer Realty Partners.
Roanoke airport reopens runway
Roanoke-Blacksburg Regional Airport reopened a runway weeks after a commuter jet overshot it and was stopped by EMAS.
Averett gets OK to proceed with North Campus sale
Averett University won bondholder approval for an $18.15M North Campus sale-leaseback to help stabilize its finances.
LMI CEO transitions to chairman
LMI CEO Doug Wagoner will retire at the end of 2025 and become board chair. Josh Wilson will take over as CEO Jan. 1.
Dotted Line Agency acquires Richmond peer
Henrico County's Dotted Line Agency acquires Richmond’s The King Agency. Founder Dave King is retiring but will provide consulting services.
Rivers Casino Portsmouth hires new general manager
Antonio Perez Jr. takes over as general manager at Rivers Casino Portsmouth, bringing more than two decades of gaming industry experience.
Virginians wagered $510M on sports in August
Virginians bet about $510.2 million on sports in August, up 22% from 2024. It generated nearly $8.7M in taxes
SHAZA ANDERSEN | Founder and CEO, Trustar Bank
Shaza Andersen could have opted for early retirement in 2018 when the holding company of the first bank she founded, WashingtonFirst Bank, was acquired by Sandy Spring Bancorp in a deal valued at $447 million. Instead, Andersen decided to do it over again and founded Fairfax County-based Trustar Bank, which opened in 2019 with nine […]
HEATHER ARMENTROUT | President and general manager, Kongsberg Defense & Aerospace
In early 2024, Heather Armentrout left Northrop Grumman to run the U.S. subsidiary of Norway-based Kongsberg Defence & Aerospace. Armentrout describes the business, which represents the Norwegian contractor’s activities in the United States, as “a startup operation inside a 211-year-old company.” Under her leadership, the subsidiary oversees about 270 employees and is projected to ge[...]
NUPUR SIDHU BAL | Vice president and managing partner, Bowen Ten Long & Bal
At the annual meeting of the Virginia Bar Association in January, Nupur Bal became chair of the association’s board of governors — historically, the first step on a three-year path to serve as its president. At the same event, the VBA also presented Bal the Young Lawyers Division Mentor of the Year Award for going […]
