Sign In
Free Newsletter
Recent Articles from Beth JoJack
Fed approves Atlantic Union-Sandy Spring bank acquisition
Richmond-based Atlantic Union Bank is one step closer to completing its $1.6 billion purchase of Maryland’s Sandy Spring Bank. The Federal Reserve Bank of Richmond, acting on delegated authority from the Board of Governors of the Federal Reserve System, has approved the merger, the parent companies of the two banks announced Tuesday. Atlantic Union and […]
Riverdale, Roanoke foundry projects progress with zoning votes
Two ambitious Roanoke mixed-use readaptation projects are one step closer to rezoning under the city’s new “urban center” designation, which aims to create more pedestrian-friendly development. Developer Ed Walker’s Riverdale, a 126-acre multiuse project proposed on the site of Roanoke’s former American Viscose rayon plant, and another Roanoke-area developer’s &[...]
Cushman & Wakefield | Thalhimer names new Va. Beach leader
Geoff Poston is taking over leadership of the Virginia Beach office of Cushman & Wakefield | Thalhimer, according to a Wednesday announcement by the Glen Allen-headquartered real estate firm. As managing broker, Poston replaces Chris Rouzie, who has led Thalhimer’s overall Hampton Roads operation since 2014. Rouzie, an executive vice president at the firm, will […]
New York investment firm purchases Short Pump Station for $54.96M
Nuveen Real Estate, a New York investment management firm, purchased Short Pump Station in western Henrico County from Wafra, an alternative investment managing firm also based in New York, for $54.96 million on Dec. 30, 2024, according to a Tuesday announcement by Wafra and Henrico County records. Grocery retailer Trader Joe’s is the anchor tenant […]
Former Bush White House staffer named Akima VP
Rachael Duffy, a former assistant press secretary in President George W. Bush’s administration, has joined Herndon-based federal contractor Akima as vice president of marketing, communications and government relations. An Alaska Native corporation that handles federal contracts for the for-profit NANA Regional business owned by Indigenous Iñupiat shareholders, Akima has more than 10,000 emp[...]
Proposed $8.8B+ Pittsylvania data center campus hits roadblock
So many Pittsylvania County residents turned out to voice their — predominantly opposed — opinions regarding a proposed $8.8 billion-plus data center campus and natural gas power plant that a county planning commission meeting ran about five hours Tuesday, ending around 11:40 p.m. As the meeting neared its end, Steven Gould, the attorney representing Balico, […]
Martinsville doctor found guilty of 460+ counts of opioids distribution
A federal court jury in Abingdon found Dr. Joel Smithers, who previously practiced in Martinsville, guilty of 466 federal counts of illegally prescribing Schedule II controlled substances, the U.S. Attorney’s Office for Western Virginia announced Dec. 31, 2024. He was also found guilty of one count of maintaining a place for the purpose of illegally […]
Providers, nonprofits, colleges battle health care labor crisis
Many people may be aware by now that the United States is battling a shortage of nurses and physicians, but what’s received significantly less attention is that numerous other health care occupations — from home health aides to medical laboratory technicians to physical therapists — also are facing a short supply of workers. “People think […]
U.S. Army awards RTX’s Raytheon $946M contract modification
The U.S. Army has awarded Raytheon, a subsidiary of Arlington County Fortune 500 aerospace and defense contractor RTX, a contract modification worth about $946.47 million for production hardware, software and services related to the Patriot air defense system, the U.S. Department of Defense announced Monday. The U.S. Army Contracting Command, located at Redstone Arsenal in […]
Thalhimer subsidiary purchases Dabney Center for $75M
Thalhimer Realty Partners, a Cushman & Wakefield | Thalhimer subsidiary, has purchased Dabney Center, a 56-acre industrial park in Henrico County, for $75.3 million, the company announced Monday. The complex, which includes 14 buildings and encompasses more than 642,000 square feet, was purchased from Brandywine Realty Trust of Philadelphia. Atlantic Union Bank provided financing for […[...]
