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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 creative[...]
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 news r[...]
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[...]
Petersburg approves Cordish Cos. for possible casino
Petersburg City Council is taking a gamble on Maryland-based The Cordish Cos. to develop a casino there — even though Petersburg doesn’t yet have permission to build a casino, according to state law. Council members voted unanimously Tuesday in favor of Cordish,, a commercial real estate company that has developed casinos across the mid-Atlantic and […]
Modus Create acquires Philadelphia-based firm
Reston-based Modus Create Inc., a technology consulting firm, has acquired Philadelphia-based product and application development firm Promptworks LLC, Modus announced Tuesday. A dollar amount for the acquisition was not disclosed. The acquisition follows two others made by Modus Create this year. In May, the company acquired Atlas Authority, a New York-based information technology services and [&[...]
Va. DRPT names new chief of public transportation
The Virginia Department of Rail and Public Transportation has named a new chief of public transportation. Zach Trogdon will begin his new role Oct. 25. He has worked as executive director of the Williamsburg Area Transit Authority since June 2017, according to his LinkedIn, and has spent the past two decades working in the public […]
Maximus names new foundation president, chair
Tysons-based government contractor Maximus Inc. has announced Arvenita W. Cherry to lead the company’s philanthropic arm. Cherry was named president of the Maximus Foundation, a role she took over on Oct. 1, according to an announcement Monday. She takes over from John Boyer, who has served in the role for 17 years. Boyer is retiring […]
SWVA projects recommended for $10.6M in federal funds
Eight Southwest Virginia economic development projects totaling $10.6 million have been recommended for federal funding under Virginia’s Abandoned Mine Land Economic Revitalization grant program, Gov. Glenn Youngkin and U.S. Rep. Morgan Griffith announced Friday. Referred to the federal Office of Surface Mining and Reclamation Enforcement for approval, the projects include $2.347 million to [...]
HCA Virginia names new Parham Doctors’ Hospital CEO
HCA Virginia has named Allyssa Tobitt as CEO for its Richmond-based Parham Doctors’ Hospital. Tobitt will take on the role effective Nov. 7, according to a news release. She is currently chief operating officer at Reston Hospital Center, where she planned and coordinated the development of Tysons Emergency, an emergency room, on the organization’s campus. […]
Accenture Federal Services lands $189M CDC contract
Arlington-based Accenture Federal Services has received a $189 million contract to help speed the Centers for Disease Control and Prevention’s migration to the cloud. According to a news release Thursday, AFS will work with the CDC modernize its portfolio of information technology systems, examine enhancing functionality of those systems, and move systems into a secured […]
Va. Tech taps Fralin Life Sciences Institute leader
A chemistry professor from Louisiana State University will join Virginia Tech as executive director of its Fralin Life Sciences Institute. Robin L. McCarley will start Dec. 1, the university announced Thursday. He was selected following a national search. McCarley is currently the Barbara Womack Alumni Association Endowed Professor of Chemistry at LSU. At the Fralin […]
Lowe’s to open distribution facility in Suffolk
North Carolina-based home improvement retailer Lowe’s Cos Inc. will establish a coastal holding facility in the city of Suffolk, adding 100 jobs, Gov. Glenn Youngkin announced Thursday. Lowe’s had more than $96 billion in sales in fiscal 2021 and it operates or services nearly 2,200 home improvement and hardware stores, employing more than 300,000 associates. […]
Leidos receives $1.5B DOD task order
Reston-based Fortune 500 government contractor Leidos has received a task order valued up to $1.5 billion to support the Department of Defense with technology to enhance its Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance and Reconnaissance (C5ISR) missions, the company announced Wednesday. Under the contract, Leidos will focus on the rapid insertion of technologies [...]
