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Recent Articles from Sydney Lake
VA awards Arlington tech company $153M contract
The U.S. Department of Veterans Affairs (VA) awarded Arlington-based federal technology contractor CACI International Inc. a six-year contract worth up to $153 million to modernize the department’s legacy financial management system, the VA announced Monday. The VA received three bids for the contract, which was awarded through the General Services Administration’s Information Technology Sched[...]
Atlanta firm acquires Reston telecommunications company
Atlanta-based investment company Battle Investment Group has acquired Reston-based telecommunications company Oceus Networks, the company announced Tuesday. A transaction amount was not disclosed. As part of the acquisition, former Oceus Networks CEO Jeff Harman will be promoted to president. Brad Antle, the former CEO of Fairfax-based software company Salient CRGT Inc., will serve as executiv[...]
Virginia’s Gateway Region, Community College Workforce Alliance hire workforce development director
Virginia’s Gateway Region (VGR) and the Community College Workforce Alliance (CCWA) announced Monday that Michelle Rogers has been hired for the new joint position of director of workforce development, effective July 6. This is the first time that a regional economic development organization and a community college have partnered to create a position to advance […]
Mariners Landing has new owners
Smith Mountain Lake housing community Mariners Landing in Bedford County has new owners, Mariners Landing Development Co. LLC announced Thursday. Waller S. Perrow III of Mariners Landing Development Co. LLC did not disclose financial terms for the May sale, saying it was contractually protected. Commercial real estate developers Perrow and Tom Branch purchased the 1,000-acre […]
Carilion completes purchase of Stonewall Jackson Hospital for $10.9M
Roanoke-based Carilion Clinic announced Friday it has completed the purchase of Lexington’s Stonewall Jackson Hospital from the SJH Community Health Foundation. This was the final 20% — valued at $10.9 million — left for Carilion after its initial 2005 investment. With the purchase comes a new name, Carilion Rockbridge Community Hospital. The health care system […]
Colonial Downs announces leadership changes
The Colonial Downs Group, owner of the New Kent County horse race track and Rosie’s Gaming Emporium, announced Friday Lisa Speller will serve as the company’s vice president of government affairs. Speller, who most recently served as a policy adviser for Gov. Ralph Northam’s administration, will oversee community relations for Rosie’s Gaming Emporiums in Richmond, […]
Hampton office building sells for $1.325M
An office building in Hampton has sold for $1.325 million, Cushman & Wakefield | Thalhimer announced Monday. Located at 2310 Tower Place, the 13,500-square-foot property was purchased by Temple Realty I LLC, which will partially occupy the building. Real estate company Harrison & Lear Inc., which sold the property, will also remain in the building […]
Could Redskins replacement name be Sentinels?
Following the Thursday announcement that the Ashburn-based National Football League team formerly known as the Redskins would simply be called the Washington Football Team this season, social media platforms have been a playing ground for best bets on what the team’s permanent name will be. But fans may not be left in the dark for […]
Elkton shopping center sells for $5M
A shopping center in Elkton has sold for $5 million, Colliers International’s Virginia Retail Investment Team announced Thursday. The 90,943-square-foot Elkton Plaza was sold by an affiliate of Kodiak Properties LLC to Elkton Plaza LLC. The shopping center — 82% leased at the time of the sale — is anchored by Food Lion and Walgreens […]
Commonwealth Center for Advanced Manufacturing names president, CEO
The Commonwealth Center for Advanced Manufacturing (CCAM) research institute in Prince George County has appointed John Milton-Benoit as its president and CEO, effective Aug. 20, the organization announced Friday. Milton-Benoit succeeds William T. Powers, who will retire in August. Powers has served on the board of the organization since its 2011 inception and was appointed […]
