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Recent Articles from Robyn Sidersky
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 […]
KBS sells Fairfax office park for $106M
KBS has sold Willow Oaks Corporate Center in Fairfax County’s Merrifield area to Utah-based Bridge Investment Group for $106 million, Newport Beach, California-based KBS announced Thursday. The 584,147-square-foot Class A office park was built in three phases in 1986, 1989 and 2003. It includes three buildings located near the intersection of Route 50 and Interstate […]
ODU hires new CFO, VP for admin and finance
Old Dominion University has hired Chad A. Reed as the university’s vice president for administration and finance and its chief financial officer, the university announced Friday. Reed, who serves in the same role at Radford University, will start at ODU on March 10. He will be part of ODU President Brian O. Hemphill’s senior leadership […]
Construction begins on Hard Rock casino in Bristol
Construction has started on the Hard Rock Hotel & Casino Bristol’s temporary casino, with opening scheduled in the second quarter of 2022, Hard Rock International Inc. announced Thursday. Before its permanent casino is built, Hard Rock will build a 30,000-square-foot casino at the former Bristol Mall. It will feature 900 gaming slots and 20 tables […]
Investment group acquires self-storage complex in Va. Beach
Norfolk-based Cohen Investment Group, a commercial real estate investment company, has acquired Castleton Commerce Center, a 390,380-square-foot self-storage complex in Virginia Beach, from Prime Storage. The complex, at 2424 Castleton Commerce Way, is one of 11 storage properties Cohen Investment Group acquired through five acquisitions this year, according to Eastern Union, which secured $58.15 [...]
Hollins University alumna makes $75M donation
Hollins University has received a $75 million donation from an anonymous alumna, the largest in its history and believed to be the largest private donation to a women’s college, the university announced Thursday. The gift will fund scholarships and undergraduate financial need. It will be given in $25 million increments to the Hollins endowment over […]
VCU president to chair American Council on Education
Michael Rao, president of Virginia Commonwealth University, has been elected chair of the American Council on Education Board of Directors, the council announced Tuesday. Rao, VCU’s fifth president, has been at the helm of the university — and VCU Health System — since 2009. He was selected as ACE’s chair Tuesday during ACE’s business meeting […]
Patrick County flooring company announces $9.3M expansion
Ten Oaks LLC, a manufacturer of residential hardwood floors, will invest $9.3 million in a sorting and stacking facility in Patrick County, creating 11 jobs, Gov. Ralph Northam announced Wednesday. The company was established in 2004 in the town of Stuart and was acquired in 2019 by Canadian company Boa-Franc. The new facility is located […]
ODU names ED of new bioelectronics center
Old Dominion University has named Gymama Slaughter the founding executive director of its Research Center for Bioelectronics, the university announced Monday. The new center, which opened July 1, allows ODU to increase its total sponsored research funding, advancing work on new cancer combinational therapy and non-invasive cancer diagnostic tools. It also helps the university’s research [&he[...]
