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Home>Rich Griset

Rich Griset

Recent Articles from Rich Griset

Roanoke’s Villages at Garst Creek has sold for $23 million.
News April 23, 2021

Arlington’s Blackfin acquires Roanoke County apartments for $23.2M

Arlington-based Blackfin Real Estate Investors LLC purchased Villages at Garst Creek, a 504-unit apartment complex in Roanoke County, for $23.25 million. The deal closed on April 21. Built in 1974, the 33-building property is located at 4375 Garst Mill Road. The property was rehabbed in 2007 under the Section 42 Low-Income Housing Tax Credit program. […]

Home prices still increasing
Real Estate April 23, 2021

Virginia’s median home price jumps 9.8% over previous year

On April 20, Virginia Realtors reported that the median statewide home sales price  for March was $335,000, up 9.8% from a year ago. Outlined in Virginia Realtors’ March 2021 Home Sales Report, the trade association reports that home prices have been rising quickly since last summer, with year-to-date home prices up in nearly every market […]

Falkland Farms property. Photo courtesy of the Virginia Department of Conservation and Recreation
Government April 23, 2021

Fortnite video game CEO makes Va.’s largest land conservation gift

North Carolina billionaire and Epic Games Inc. CEO Tim Sweeney has donated 7,300 acres of privately-owned land in Halifax County to the state — the largest single private land conservation gift in Virginia history, Gov. Ralph Northam announced Friday. Cary, North Carolina-based Epic is the company behind the massively popular video game franchise Fortnite, which […]

Federal Contracting April 21, 2021

Maximus acquires Houston veterans services company for $1.4B

Reston-based government services company Maximus announced Wednesday that it will purchase the parent company of Veterans Evaluation Services Inc. (VES) for $1.4 billion. Based in Houston, VES is a privately held company that serves the federal government, including the U.S. Department of Veterans Affairs, as a provider of medical disability examinations to determine veterans’ eligibility [&[...]

Thomas Donohoe is the new chief marketing officer at Cuisine Solutions Inc.
People April 21, 2021

Cuisine Solutions Inc. announces new chief marketing officer

Alexandria-based Cuisine Solutions Inc. announced Wednesday that it has hired Thomas Donohoe as its chief marketing officer. Donohoe served for the last 11 years as the CEO of Level Agency, a Pittsburgh-based performance marketing and advertising agency. He sold the agency to his colleagues in March. “I am thrilled to be starting my next chapter […]

News April 21, 2021

Unison acquires Price Systems

Dulles-based Unison Software Inc. announced Wednesday that it has acquired New Jersey-based Price Systems LLC for an undisclosed amount. Both companies provide software to support governmental missions, acquisition professionals, government contractors and manufacturers. “Our customers’ mission-critical programs continue to grow more complex. Price Systems best practices, thought leadershi[...]

News April 21, 2021

Leidos awarded $480M contract from U.S. Customs and Border Protection

Reston-based Fortune 500 company Leidos Holdings Inc. announced Tuesday it has been awarded a $480 million contract by U.S. Customs and Border Protection (CBP) to provide multi-energy portal (MEP) systems for nonintrusive inspections of commercial vehicles at land and sea ports of entry. The award for the science and technology company includes a base period […]

News April 21, 2021

Northrop Grumman lands $2.3B ICBM contract

Falls Church-based Northrop Grumman Corp. has been awarded a U.S. Department of Defense (DOD) contract for up to $2.3 billion to support propulsion subsystems for intercontinental ballistic missiles (ICBM), DOD announced on Tuesday. The 18.5-year contract provides assistance to the government in maintaining the Minuteman III weapon system. The work will be performed primarily in […]

Stan in his new habitat.
News April 20, 2021

T-Rextasy: Dino replica finds home at Great Minds’ future Richmond HQ

Call it rex appeal. On Wednesday, Washington, D.C.-based education company Great Minds will install a museum-quality replica of Stan the Tyrannosaurus rex’s skeleton at its future headquarters in Richmond. Measuring 13 feet tall and 40 feet long, the actual Stan’s fossilized skeleton sold for $32 million in a Christie’s auction last October, making it the […]

Healthcare April 20, 2021

Central Va. pharma hub strategic plan released

On Tuesday, the Virginia Commonwealth University College of Engineering announced its strategy to turn Central Virginia into an advanced pharmaceutical manufacturing, research and development hub. The strategic plan aims to foster business and job growth in the Richmond–Petersburg area while also expanding access to medicines. The creation of the plan was funded by a $100,000 […]

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Top Stories

Like many universities, George Mason University is addressing the problem of how best to reduce costs for students seeking to avoid extreme loan debt. Photo courtesy George Mason University

GMU Faculty Senate targeted in DOJ letter

U.S. Department of Justice's civil rights division is requesting "all written communications" regard[...]

Woman accused of running high-end brothels in Northern Virginia and near Boston set to be sentenced

Judge to rule soon on Virginia Senate’s rejection of college board appointees

Fairfax County Circuit Court Judge Jonathan Frieden expects to rule by Tuesday night on an injunctio[...]

Default Alt Text

Northern Virginia business leaders rally behind GMU president

Four powerful business organizations in Northern Virginia have sent a letter to George Mason Univers[...]

AstraZeneca plans multibillion-dollar pharma factory in Virginia

AstraZeneca plans multibillion-dollar pharma factory in Virginia

AstraZeneca plans to construct a multi-billion dollar manufacturing center focused on chronic diseas[...]

Northern Va. Chamber unveils road map to reinvent economy

Northern Va. Chamber unveils road map to reinvent economy

The Northern Virginia Chamber of Commerce on Monday released a road map on reinventing the region's [...]

Out & About May 2022

DOJ opens 3rd probe of GMU in 3 weeks

The U.S. Department of Justice has launched a new investigation of George Mason University, the thir[...]

People

Parry Labs names chief growth officer

Parry Labs names chief growth officer

28/7/2025

Empower AI taps new chief growth officer

Empower AI taps new chief growth officer

25/7/2025

SES Space & Defense announces new CEO

SES Space & Defense announces new CEO

22/7/2025

Regions

AstraZeneca plans multibillion-dollar pharma factory in Virginia

AstraZeneca plans multibillion-dollar pharma factory in Virginia

AstraZeneca plans to construct a multi-billion dollar manufacturing center focused on chronic diseas[...]

Frederick prepares for data center development

Frederick prepares for data center development

Increasingly, data center developers are eyeing sites in parts of the commonwealth outside Northern [...]

Officials envision new life for shuttered state campus

Officials envision new life for shuttered state campus

Summary CVTC closed in 2020, costing the region 1,600 jobs and $87M. Redevelopment plan envisions ho[...]

Post GreenCity, Henrico tries again

Post GreenCity, Henrico tries again

Henrico revives arena plans after GreenCity collapse, targeting a 17,000-seat venue by 2028 amid law[...]


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