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Recent Articles from Robyn Sidersky
$14.9M manufacturing facility coming to Russell County
Tate, a data center supplier, will invest $14.9 million to establish a new manufacturing facility in Russell County, creating 170 jobs, Gov. Glenn Youngkin announced Thursday. The new plant will focus primarily on data center component manufacturing and containment products to serve clients in Virginia and other data center sites. “I’m proud that the commonwealth […]
Fairfax AI firm acquired by Texas-based tech company
Fairfax-based ARInspect, a firm specializing in artificial intelligence products for public sector field operations, has been acquired by Texas software company Tyler Technologies, the companies announced Tuesday. Tyler declined to disclose the price and terms of the deal. Tyler will add ARInspect’s AI-powered platform to its portfolio and use the Fairfax company’s technology across it[...]
Dominion offshore wind farm moves closer to final approval
Dominion Energy has passed another critical federal hurdle on its way to gaining approval to begin construction on its $9.8 billion, 176-turbine offshore wind farm 27 miles off the coast of Virginia Beach. The Bureau of Ocean Energy Management granted a favorable record of decision for the Richmond-based Fortune 500 electric utility’s 2.6-gigawatt Coastal Virginia […]
Thalhimer hires exec to lead multifamily biz
Drew Harbrecht has joined Thalhimer as senior vice president and will lead Thalhimer Multifamily, the firm’s residential property services division. He joins from Charleston, South Carolina-based Greystar Worldwide, where he led a management portfolio of nearly 10,000 units in Central Virginia and the Washington, D.C., Maryland and Virginia corridor. He will be based in Thalhimer’s [&h[...]
Capital Square moves Glen Allen HQ
Glen Allen-based real estate company Capital Square has relocated to a new, expanded corporate headquarters in Henrico County’s Innsbrook area, not far from its original headquarters. Capital Square has subleased the space at 4851 Lake Brook Drive in the Innsbrook Corporate Center until March 2028. The new office, which is 44,867 square feet, is more […]
Skanska tops off VSU academic commons building
New York-based development and construction firm Skanska USA held a topping-out ceremony this week for the $120 million Alfred W. Harris Academic Commons building being built at Virginia State University. The 175,000-square-foot building replaces VSU’s Harris Hall and Daniel Gymnasium and consolidates its College of Humanities and Social Sciences and the College of Education into […]
Norfolk warehouse sells for $1.3M
A 10,044-square-foot office and warehouse building in Norfolk sold Tuesday for $1.3 million. The building, on 1.71 acres at 1301 Marsh St., was previously owned by Daughters Trust 3557. Piedmont Land Development bought the property, which is fully leased, as an investment. It is currently leased to Hepaco, an environmental cleanup company. William C. Throne […]
Massive foundation posts arrive for Dominion’s offshore wind farm
The first eight monopiles, the wind-turbine foundation posts for Dominion Energy’s $9.8 billion offshore wind farm, arrived at Portsmouth Marine Terminal on Oct. 19, and state officials and Dominion executives celebrated their arrival from Germany Friday. In a ceremony Friday, Gov. Glenn Youngkin, Dominion Chair, President and CEO Bob Blue and state and local dignitaries […]
John ‘Dubby’ Wynne dies at 78
John O. “Dubby” Wynne only had one setting: giving 110%. He didn’t know how to do any less than that, even after years as a successful media executive who helped launch The Weather Channel, the 24-hour cable weather news channel. Instead of slowing down after his retirement as president and CEO after 27 years working […]
Shentel to acquire Ohio fiber company
Edinburg-based Shenandoah Telecommunications, better known as Shentel, plans to acquire Horizon Telcom for $385 million, the company announced Tuesday. Shentel will pay $305 million in cash and the rest in common stock. The transaction is expected to close in the first half of 2024. Ohio-based Horizon, founded in 1895, is a commercial fiber provider with […]
