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Recent Articles from Robyn Sidersky
CoStar Group to open $460M campus in Richmond
Washington, D.C.-based CoStar Group Inc., a commercial real estate data and analytics provider, will build a $460 million corporate campus in Richmond, creating 2,000 jobs, Gov. Ralph Northam announced Friday. The new campus will include a 26-story, 510-foot, LEED-platinum-certified skyscraper that will be the tallest building in Virginia, rising two feet taller than the Westin […]
Northam proposes $150M for site readiness
When Mazda Toyota was looking to build a plant that would have brought 4,000 jobs and 1.6 billion in investment, Virginia was ruled out. Why? Because Virginia didn’t have a competitive project-ready site available. Huntsville, Alabama, landed the deal instead. Since 2016, Virginia has lost out on 42,000 direct jobs and over $75 billion in capital […]
Winchester industrial property sells for $12.2M
A 244,500-square-foot industrial property in Winchester sold for $12.2 million, Marcus & Milichap announced Wednesday. The property is located at 310 Tyson Drive and was sold by Harrisonburg-based InterChange Group Inc. to Washington, D.C.-based Ritz Banc Group. Christopher C. Dale, Robert Filley and Randall Heilig, with Marcus & Milichap’s Washington, D.C., office, worked for the [&[...]
Va. invests $722M in broadband expansion
Virginia Gov. Ralph Northam this week announced a state investment of $722 million in grants toward expanding high-speed internet service in 70 localities across the commonwealth. The governor says the funding will help Virginia achieve 90% of its universal broadband access goal by 2024. “Broadband access impacts every facet of our daily lives, from education […]
Tysons Partnership names acting exec. director
Tysons Partnership Inc. has named Richard Bradley, principal at Washington, D.C.-based The Urban Partnership LLC, as the organization’s acting executive director, effective Jan. 1. Bradley succeeds Tysons Partnership President and CEO Sol Glasner, who is stepping down Dec. 31. Glasner announced his retirement in August after serving in the position for about four years and […]
ICF International to acquire Creative Systems and Consulting
Fairfax-based management consulting firm ICF International Inc. has entered into a definitive agreement to acquire McLean-based IT federal contractor Creative Systems and Consulting, ICF announced Tuesday. The financial terms of the acquisition were not disclosed. Founded in 1969, ICF has about 7,500 employees. Creative was founded in 2010 and has 270 employees and “a full […]
Commercial real estate leasing roundup
Hampton Roads Daliza’s Dominican Beauty Salon leased 1,200 square feet of retail space at 980 J. Clyde Morris Blvd. in Newport News. Bob Saunders of Harvey Lindsay Commercial Real Estate handled this transaction. Audio Pros Inc. renewed its lease of 3,47 square feet of retail space at 894 East Little Creek Road in Norfolk. Kimberly […]
GMU hires first university ombudsperson
George Mason University has hired Kimberly Davidson as its first ombudsperson, and she will start in February, the university announced Friday. Davidson comes to the university from Ohio’s Oberlin College, where she worked for two decades, including the past five years as the college’s ombudsperson, who is charged with listening to faculty members in confidence […]
Construction begins on Rivers Casino Portsmouth
Chicago-based developer and gaming operator Rush Street Gaming broke ground Tuesday on Rivers Casino Portsmouth, kicking off construction of the $300 million casino and entertainment complex. Located off Victory Boulevard, the complex will have a casino, BetRivers sportsbook, restaurants, a live entertainment lounge, hotel and event center. It is scheduled to open in early 2023. […]
Colonial Heights shopping center sells for $26.25M
Colonial Square, a Publix-anchored shopping center in Colonial Heights, sold for $26.25 million, JLL announced Thursday. Colonial Square Associates – A Berman Kappler Property sold the shopping center to United Hampshire US REIT. The shopping center is 168,326 square feet and is 99% leased. It was constructed in 1967 and underwent renovations in 2017, when […]
