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Recent Articles from Robyn Sidersky
Bowman hires longtime client as Leesburg manager
Bowman Consulting Group Ltd. has named Gary VanAlstyne as the company’s branch manager and principal at its Leesburg office. VanAlstyne brings more than 30 years of experience in construction and development to Bowman, with which he had worked closely as a client since 2000. He previously served as vice president of Fairfax-based Davis Utility Consulting […]
Chesapeake office building sells for $11M
Investment group Gracestone Investments LLC has purchased an 81,318-square-foot office building in Chesapeake from GSI Inc. for $11 million, Cushman & Wakefield | Thalhimer announced July 5. The property, located at 850 Greenbrier Circle, is 100% leased to Canon U.S.A. Inc. Rob Wright of Cushman and Wakefield | Thalhimer brokered the transaction and handled sale […]
Cortland completes $1B investment in Arlington
Cortland, an Atlanta-based multifamily real estate investment, development and management company, has completed its initial round of apartment acquisitions in Arlington with the purchase of Evo Rosslyn, a 27-story apartment building. The purchase is part of a $1 billion investment in multiple Arlington apartment communities, first announced in May. Evo Rossyln will be renamed Cortland […]
Norfolk apartment community sells for $12.4M
Cleghorn Capital purchased a 104-unit apartment community in Norfolk from Israeli investment fund Valore for $12.8 million, Marcus & Millichap announced July 7. Valore at Southern Park, located at 7922 Old Ocean View Road, has three buildings, each with two stories, and was built in 1964 and renovated in 1999. The 104,944-square-foot property has 5.04 […]
Serco appoints defense VP as new CEO
Herndon-based federal contractor Serco Inc. (a subsidiary of United Kingdom-based Serco Group plc) on Tuesday announced that defense executive Tom Watson will be promoted to CEO, effective Sept. 1. Watson will replace David Dacquino, who is retiring as chief executive but will remain as chairman of the company’s board of directors in North America. Dacquino joined […]
CTSI purchases NYC’s largest fire alarm company
Chantilly-based technology company Corbett Technology Solutions Inc. (CTSI) has acquired New York-based fire alarm company Firecom, CTSI announced Tuesday. Financial terms of the transaction were not disclosed. CTSI is a portfolio company of Chicago-based private equity firm Wind Point Partners. The Firecom deal is CTSI’s 10th acquisition since it was purchased by Wind Point in […]
Va. receives $22.7M to reclaim abandoned mine lands
The Virginia Department of Energy will receive $22.7 million in federal funding toward redeveloping abandoned mine lands across the commonwealth, Gov. Glenn Youngkin announced Wednesday. The funding is aimed at redeveloping the sites so that they can be used to attract new development and job opportunities to the region. Handled through Virginia’s Abandoned Mine Lands […]
Carsales.com to fully acquire Trader Interactive
Australian online auto sales forum Carsales.com Ltd. plans to acquire the remaining 51% of Norfolk-based Trader Interactive from Eurozeo and Goldman Sachs Asset Management for $839.14 million, the companies announced this week. Carsales.com bought 49% of Trader Interactive in August 2021 for $624 million and will now own the company in its entirety, funding the […]
UNOS CEO announces departure
Richmond-based UNOS, the United Network for Organ Sharing, will begin seeking a new chief executive at the end of September, the nonprofit announced Tuesday. CEO Brian Shepard will leave after nearly a decade with the UNOS, which administers the nation’s organ procurement and transplantation network. UNOS’s chief operating officer, Maureen McBride, will serve as interim […]
Leidos withstands GDIT’s protest over $11.5B contract
The U.S. Government Accountability Office issued a decision earlier this month denying a protest filed by Falls Church-based General Dynamics Information Technology Inc. over an $11.5 billion defense contract won by another Fortune 500 contractor, Reston-based Leidos Inc. The Defense Information Systems Agency for Defense Enclave Services awarded Leidos the single-award, indefinite-delivery, indef[...]
