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Recent Articles from Katherine Schulte
Richmond office building sells for $4.9M
A 13,288-square-foot office building in Richmond sold for $4.9 million, One South Commercial announced Thursday. Located at 4015 Fitzhugh Ave., the two-story building was built in 1954. The architecture firm 3North leases the building, which used to serve as the Boy Scouts of America headquarters. VA Wood Properties LLC bought the property from 1501WW LLC. […]
Mixed-use Richmond building sells for $5.7M
A mixed-use building in Richmond sold for almost $5.73 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday. Located at 1508 through 1510 W. Broad St., the 1510 Lofts has 10,600 square feet of retail and 17 one- and two-bedroom apartments that are 100% leased. Foot Locker leases 44% of the ground floor. […]
Henrico office, warehouse building sells for $12.4M
A flexible property with warehouse and lab buildouts in Henrico County sold for $12.4 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday. Located at 8040 Villa Park Drive in the Villa Park Business Park, Villa Park I is a 74,862-square-foot property. The property was 94% leased at the time of the sale, […]
Wise County IDA buys vacant office building for $1.2M
The Wise County Industrial Development Authority purchased a vacant office building in the Lonesome Pine Regional Business and Technology Park with a $1.2 million loan from the Virginia Coalfield Economic Development Authority, officials announced Wednesday. The 10,000-square-foot building sits on approximately 4.63 acres at 5957 Windswept Blvd. and came furnished. The building is adjacent to [&he[...]
DHG, BKD merged company names Va. leaders
The merger of Charlotte, North Carolina-based Dixon Hughes Goodman LLP and Springfield, Missouri-based BKD CPAs & Advisor finalized Wednesday, forming Forvis, the name of the new company that the two companies merging formed. Forvis is a top 10 accounting firm with $1.4 billion in revenue. “Today is a monumental day as BKD and DHG officially […]
Performance Food Group promotes three executives
Goochland County-based Fortune 500 food products distributor Performance Food Group Co. promoted three senior leaders to executive vice presidents on Wednesday. Chief Information Officer Don Bulmer, Chief Human Resources Officer Erika Davis and General Counsel and Secretary Brent King became executive vice presidents of Performance Food Group. All three continue to report to the company’s [&hell[...]
Pittsylvania anticipates $7M investment by 2 businesses
In a pair of announcements Wednesday, Pittsylvania County officials celebrated an expected total investment of $7 million and more than 40 jobs by two businesses. A paper manufacturer’s Pittsylvania County location is expanding and a Danville medical equipment company is moving to the county, state and county officials announced Wednesday. Netherlands-based paper honeycomb producer Axxor [&h[...]
Packaging manufacturer to create 75 jobs in Smyth County
Northlake, Illinois-based Scholle IPN, a flexible packaging supplier, will invest $31.1 million to expand in Smyth County, a project expected to create 75 jobs, Gov. Glenn Youngkin announced Wednesday. Scholle IPN will expand its Smyth County facility by 73,000 square feet to allow new manufacturing lines for film extrusion and packaging. The company will also […]
Reston’s Trucker Tools names COO
Reston-based Trucker Tools, a software company that provides a digital freight management platform for the transportation industry, announced last week it had appointed Rohit Bezewada as chief operating officer. Bezewada succeeds Kary Jablonski, who became CEO of Trucker Tools earlier this year. “Rohit is an accomplished executive who brings over 10 years of cross-functional experience […[...]
Sterling CEO named adventure parks association chair
Sterling-based Flight Adventure Park CEO Steven L. Yeffa has been named chairman of the International Adventure and Trampoline Parks Association’s board, the family entertainment venue company announced in early May. “We are thrilled to have Steve elected as our chair,” IATP Executive Vice President Bethany Evans said in a statement. “His vision and leadership is […]
