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Recent Articles from Robyn Sidersky
Boeing reaches $40B deal with Ryanair
Irish air carrier Ryanair plans to order as many as 300 Boeing 737 MAX-10 aircraft from Arlington County-based Fortune 100 contractor Boeing Co. in a $40 billion deal, the two companies announced Tuesday. Subject to approval by Ryanair’s stockholders, the deal includes a firm order from the airline for 150 aircraft and an option for […]
Tree-trimming companies merge, announce new leaders
Two national tree-trimming and vegetation management companies have merged and announced new leadership. The merger of Norfolk-based Xylem Tree Experts with Lawrenceville, Georgia-based Kendall Vegetation Services was backed by Connecticut-based private equity firm Sterling Investment Partners. The new company will have dual headquarters in Norfolk and just outside Atlanta. Its services will con[...]
Hampton Roads Chamber exec retires
In her 33 years with the Hampton Roads Small Business Development Center, Debra Hamilton Farley helped launch 252 businesses that created more than 9,000 jobs. Now, she’s taking a break — Farley retired on April 28. “Debra’s contributions to the small businesses community she has served over her sterling career is invaluable,” said Bryan Stephens, […]
757 Collab announces promotions
After announcing a new managing director in April, 757 Collab announced more leadership changes and promotions to its umbrella organization May 3. Hunter Walsh, previously a program manager for 757 Startup Studios, a coworking space in Norfolk where selected entrepreneurs can set up offices at no cost and receive mentoring, became its director on May […]
Baking soda manufacturer to expand in Chesterfield
A New Jersey-based baking soda manufacturer is expanding its Chesterfield County operations — and it won’t require vinegar. Church & Dwight Company Inc. will invest $27 million to expand its Chesterfield County facility at 1851 Touchstone Drive to accommodate a new manufacturing line for a scent-boosting laundry detergent. The effort will create 53 jobs, Gov. […]
Charlottesville car dealerships acquired
Flow Automotive Cos. has completed its acquisition of five Umansky Automotive Group dealerships in Charlottesville, the company announced April 18. Terms of the deal were not disclosed. Flow’s acquisition includes locations selling Honda, Toyota, Subaru, Mercedes-Benz, Chrysler, Dodge, Jeep and Ram automotive brands, according to a news release. Flow currently has dealerships representing Au[...]
Roanoke medical building sells for $2.8M
The Asthma and Allergy Center medical office building in Roanoke has changed hands. The 9,120-square-foot building, built in 2000 and sitting on a nearly 1-acre parcel at 1505 Franklin Road SW, was acquired by HKM LLC, which will lease it back to the asthma and allergy practice. Clay Taylor of Cushman & Wakefield | Thalhimer’s […]
Va. Beach strip mall sells for $1.7M
The CheckSmart Plaza strip mall in Virginia Beach has a new owner. 5650 Virginia Beach Blvd purchased the strip mall at 5650 Virginia Beach Blvd. from the Lenhart-Frauenberg Partnership for $1.7 million as an investment, according to Cushman & Wakefield | Thalhimer. Built in 2006, the shopping center is 8,537 square feet, with tenants including […]
Chesterfield industrial property sells for $1.7M
An industrial/flex space property in Chesterfield County has sold for $1.7 million. 11300 Business Center LLC purchased a 9,100-square-foot building on 11300 Business Center Drive from AdvanceTEC Properties LLC as an investment, according to Cushman & Wakefield | Thalhimer. The building has been the corporate headquarters for AdvanceTEC LLC, a builder and designer of industrial […]
Roanoke apartment complex sells for $1.1M
The Eastgate Apartments in Roanoke have been sold for $1.1 million, Cushman & Wakefield | Thalhimer announced Monday. Restoration Turnkey Investments LLC acquired the community on March 28 from Rafan LLC. The buyer is planning extensive interior and exterior renovations. The complex, built in 1977, has 14 townhouse-style apartments and is three miles from downtown […]
