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Recent Articles from Katherine Schulte
The Branch Group moving into former Roanoke Kroger division HQ
Construction company The Branch Group Inc. is relocating its corporate headquarters to a larger building within Roanoke, the company announced Monday. The company sold its current headquarters for $2.9 million in September. It has purchased the former Kroger Co. mid-Atlantic division’s headquarters, a 58,000-square-foot building on Peters Creek Road for $3.125 million, to expand and [&hellip[...]
Parsons Corp. names connected communities business unit president
Peter Torrellas became president of Centreville-based defense contractor Parsons Corp.’s connected communities business unit on Monday. Torrellas will be based in Centreville and will serve as a member of the company’s executive leadership team. He will report to Parsons President and CEO Carey Smith. “Peter is a recognized leader in delivering results at the intersection […]
Va. Tech Innovation Campus hires communications and marketing director
The Virginia Tech Innovation Campus in Alexandria hired Franki Fitterer as the director of communications and marketing, the university announced Monday. Fitterer joined the campus’ team on Aug. 25. Fitterer will direct marketing and communications strategy for the Innovation Campus and will focus on enrollment marketing and the campus’ brand strategy. “We are thrilled to […]
Medical glove manufacturers to create 2,500 jobs in Wythe County
Connecticut-based Blue Star NBR LLC and Delaware-based American Glove Innovations Inc. will invest $714 million to build a manufacturing facility in Wythe County for producing rubber medical gloves — a joint venture expected to create 2,500 jobs, Virginia Gov. Ralph Northam announced Monday. The operation is expected to produce up to 60 billion medical gloves each […]
Henrico realty co. gains majority ownership of Ga. management company
Henrico County-based property development company McCann Realty Partners LLC now has a controlling interest in Georgia-based property management company Pegasus Residential LLC, the company announced last week. Financial details of the transaction were not disclosed. The two companies have been partners since Pegasus’ founding in 2009, McCann Realty Partners President and Managing Principal Matt[...]
Middleburg Communities names chief economist
Vienna-based real estate company Middleburg Communities has named Brad Case as chief economist and director of research, it announced Thursday. Case will provide analysis for buying, selling, developing and market focus tactical decisions. “Brad Case is one of the most respected economists in commercial real estate, and we are very excited to have him join […]
Five-building industrial portfolio sells for $9M
A five-building industrial portfolio with buildings in Harrisonburg, Chesterfield County, Newport News, Virginia Beach and Durham, North Carolina, sold for just over $9 million Thursday, Glen Allen-based commercial real estate firm Commonwealth Commercial Partners LLC (CCP) announced. ESAP LLC sold the portfolio to Drakadia Holdings LLC, a business entity registered to an eastern Henrico County [&[...]
Virginians bet $182 million on sports in August
Virginians bet $182 million in August, a 13% increase from July, according to data released Friday by the Virginia Lottery. Virginian sports bettors won $171 million in August. Virginia sports betting wagers total more than $1.48 billion since the state legalized sports betting in mid-January. In July, the state reaped about $161.9 million in gross […]
Newport News data analysis co. wins $100M GSA contract
Newport News-based professional services and data analysis company ITA International LLC won a $100 million contract from the U.S. General Services Administration to help defense agencies use data driven tools, it announced Thursday. Under the five-year Small Business Innovation Research phase III indefinite delivery, indefinite quantity contract, ITA will provide customized data visualization and[...]
Arlington joint venture secures $100M Army Corps of Engineers contract
An Arlington-based joint venture between Dallas-based Jacobs Engineering Group Inc. and Kansas-based Black & Veatch Holding Co. won a $100 million contract with the U.S. Army Corps of Engineers for work in Fort Meade, Maryland, the Department of Defense reported Wednesday. Under the firm-fixed-price contract, Jacobs/B&V will provide design and construction services for the completion [&hel[...]
