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Recent Articles from Robyn Sidersky
D.C. sues bitcoin whale Michael Saylor for tax fraud
MicroStrategy Inc. founder Michael Saylor was sued in August by the city of Washington, D.C., which alleges that he defrauded the nation’s capital of more than $25 million in income taxes. The lawsuit argues that Saylor falsely claimed to reside in Virginia or Florida while instead living in a luxury Georgetown penthouse. The civil suit, filed […]
A welcome respite
While the spring was red-hot for the residential real estate market, conditions are expected to cool off in the fall. “The market is definitely stabilizing,” says Liz Moore, board president of Real Estate Information Network Inc., the multiple listing service (MLS) for the Hampton Roads region. “We had such a frenzied market during the pandemic.” […]
Dollar Tree names new C-suite execs after shakeup in June
After a C-suite shakeup this summer, Chesapeake-based Fortune 500 discount retailer Dollar Tree Inc. is filling spots on its leadership team. This week, the company named a new chief operating officer and chief development officer. On Monday, Dollar Tree named Michael Creedon Jr. chief operating officer. Creedon had been with Advance Auto Parts since December […]
Virginia Realtors elect Winchester broker as prez
Virginia Realtors, the state’s largest trade association, has a new president and slate of officers for 2023. Katrina M. Smith, of the Blue Ridge Association of Realtors, will lead the group for the next year. She is the broker and owner of RE/MAX Synergy in Winchester and has been a Realtor since 2005. She led […]
Titanium company investing $82.1M in Halifax County
Charlotte, North Carolina-based IperionX Ltd., a minerals company that produces titanium metal powder for use in manufacturing, announced plans to establish Virginia’s first titanium demonstration facility in Halifax County, an investment of $82.1 million expected to create 108 jobs, Gov. Glenn Youngkin announced Tuesday. The three-year project will be in two phases: The first is […]
17th Street Lofts sells for $4.65M in Richmond
An apartment building in the city of Richmond has changed hands. BP I LLC purchased the 17th Street Lofts, located at 329-333 Oliver Hill Way, from 333 Oliver Hill LLC for $4.65 million, One South Commercial reported. The 20,300-square-foot space includes 24 units and was purchased as an investment. Ryan Rilee and Tom Rosman of […]
Norfolk industrial property sells for $7.3M
A 60,900-square-foot industrial property in Norfolk has been sold for $7.3 million, Colliers announced Sept. 20. Miami-based Jewell Capital LLC acquired the Brookside Industrial building, 4840 Brookside Court, from Maryland-based Hemsman Properties. The property in Norfolk Industrial Park is leased to regional distribution hubs for NB Handy Co. and Transtar Industries. Mark Williford, Will Bradle[...]
22 acres in Innsbrook to be developed into mixed-use
Newton, Massachusetts-based Northland has acquired 22 acres to build a mixed-use development at the “North End” of the Innsbrook area in Henrico County, from Raleigh-based Highwoods Properties. The site is located on the north end of the Innsbrook Corporate Center, at the Intersection of Interstate 95, Nuckols Road and Lake Brook Drive. It already has […]
RapidFlight to add 119 jobs at Manassas HQ
RapidFlight LLC, a designer and manufacturer of unmanned aircraft will invest $5.5 million to establish operations in Manassas, creating 119 jobs over the next three years, Gov. Glenn Youngkin announced Friday. RapidFlight is an integrated, end-to-end provider of airborne drones. Founded in 2021 by RapidFlight President Jay Gundlach, the company works for national security and […]
Pangiam to add 200+ jobs at new Tysons HQ
Pangiam, a travel and security technology company, will invest $3.1 million to establish its global headquarters in Fairfax County’s Tysons area, creating 201 jobs over the next three years, Gov. Glenn Youngkin announced Thursday. Pangiam provides facial recognition technology, cloud-based applications and data-driven identity solutions to customers including the Department of Homeland Secur[...]
