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Recent Articles from Robyn Sidersky
Cushman & Wakefield | Thalhimer promotes marketing director
Cushman & Wakefield | Thalhimer has promoted Kristan Cole to vice president of marketing and brokerage services, the commercial real estate company announced Jan. 9. Cole will lead the firm’s overall marketing strategy as well as provide leadership and oversight of Thalhimer’s research, design, communications and brokerage services teams. “Kristan’s ability to initiate crea[...]
White Mill project renamed ‘Dan River Falls’
The city of Danville and The Alexander Co. held a groundbreaking Thursday for the redevelopment of the long-vacant White Mill in Danville’s River District. At the ceremony held Thursday in Danville, officials revealed that the White Mill will now be called “Dan River Falls,” honoring Dan River Fabrics, the textile company White Mill was part […]
Sentara Healthcare acquires Fla. insurance company
Norfolk-based Sentara Healthcare has acquired AvMed Inc., a not-for-profit health plan company based in Miami, from SantaFe HealthCare Inc., Sentara announced Thursday. Financial terms of the deal, which closed Dec. 31, 2022, were not disclosed. AvMed is a health insurance company with more than 200,000 members and 35,000 providers and nearly 500 employees. It offers […]
Va. Beach office building sells for $15.5M
Charlottesville-based Seminole Trail Management LLC is the new owner of Pinehurst Centre, a 99,337-square-foot office building in Virginia Beach, Colliers announced Jan. 9. Virginia Beach-based real estate developer Robinson Development Group sold the four-story, Class A office building to Seminole Trail for $15.5 million. The office is located at 477 Viking Drive in the Lynnhaven […]
GTT Communications emerges from Chapter 11
McLean-based GTT Communications Inc. has completed its financial restructuring process and emerged from Chapter 11 cases, the telecommunications company announced Jan. 3. “The transformed company is repositioned to focus on providing customers with industry-leading managed network and cloud security services that leverage the company’s global Tier 1 IP network,” GTT wrote in a ne[...]
Nat’l Science Teaching Assoc.’s Arlington HQ sells for $14M
The Arlington headquarters of the National Science Teaching Association has sold for $14 million, CBRE announced Thursday. Washington, D.C.-based The Fortis Cos., a real estate development and investment company, purchased the 48,000-square-foot building at 1840 Wilson Blvd. The transaction also includes two on-site restaurants: Rhodeside Grill at 1836 Wilson Blvd. and Il Radicchio at 1801 [&helli[...]
Roanoke custom printing company buys building for $1.65M
Roanoke-based custom screen-printing and embroidery company Press Press Merch LLC purchased a Roanoke County building for $1.65 million as its new business location, Cushman & Wakefield | Thalhimer reported Wednesday. Press Press Merch bought the 32,926-square-foot property at 4721 Starkey Road, just outside the city, from Starkey Road Properties LLC. The company also makes posters, […]
Franklin Johnston Group sees father-son succession
The Franklin Johnston Group, has promoted W. Taylor Franklin to CEO, succeeding his father, Wendell Franklin, who has become chairman, the Virginia Beach-based real estate development, investment and management firm announced last week. Taylor Franklin previously served as the firms’ chief operating officer and Wendell Franklin served as CEO for the past decade. The Franklins, […]
Rivers Casino Portsmouth opening delayed
Rivers Casino Portsmouth‘s grand opening has been delayed until Jan. 23, eight days after its initially scheduled opening planned for Jan. 15, the casino announced Tuesday. The casino wanted to allow for additional time to test and verify new gaming equipment, a spokesperson for the casino said in an email. “Providing a superior guest experience […]
Exclusive: Colliers names new Va. exec. managing director
Colliers has named Jamie Thomas executive managing director and brokerage market leader for Virginia, effective Monday, the company told Virginia Business. Thomas, a Richmond native and Virginia Commonwealth University graduate, replaces J. Scott Adams, whose role shifted to prioritize client services and investment sales across Virginia and North Carolina. Adams had been serving as executive [&he[...]
