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Recent Articles from Sydney Lake
Survey shows 24M jobs lost since labor market stats last released
Approximately 24 million jobs have been lost since the last United States Department of Labor market statistics were released in mid-March, according to a survey conducted by economists at Virginia Commonwealth University and Arizona State University. “[This is] an unheard of loss in any economic downturn since the Great Depression,” said Adam Blandin, a VCU […]
Va. Beach commercial real estate development company names president
Virginia Beach-based The Runnymede Corp. announced Friday it has named Matthew Fine as president of the family-owned commercial real estate development company. Fine has been on the company’s board of directors for 30 years and managed a Hampton Roads portfolio for 20 years. He is also a founding director of Townebank Norfolk and is on […]
Stafford office building sells for nearly $15M
An office building in Stafford sold for $14.725 million, real estate company Colliers International announced Wednesday. The buyer is confidential, according to Colliers, and Stafford property records have yet to release the updated ownership. Golden Eagle Group was the previous owner, having bought the building in June 2018 for $10 million. The building located at […]
Virginia Aquarium names VP of marketing
The Virginia Aquarium & Marine Science Center in Virginia Beach announced Thursday it has named Natalie Sims as its vice president of marketing. Sims was most recently the marketing senior leader for SeaWorld, Aquatica and Sesame Place in San Diego, and previously the marketing director for Busch Gardens in Williamsburg. In her new role, she […]
VCU Wilder School names new dean
Virginia Commonwealth University announced Wednesday that Susan T. Gooden is now dean of the university’s L. Douglas Wilder School of Government and Public Affairs. Gooden has been the interim dean of the school since May 2018 and has been with VCU since 2004, when she started as an associate professor in the Wilder School. She […]
Former Ruby Tuesday location to become Generac store
A former Ruby Tuesday in Henrico County has sold for $1.9 million, Cushman & Wakefield | Thalhimer announced Tuesday. The 5,451-square-foot property is located at 9830 W. Broad St. and sits on just more than an acre of land. Morrison Restaurants Inc. purchased the property in August 1993 and the restaurant was built in 1994, […]
Va. Beach real estate investment company names new managing principal, CIO
Virginia Beach-based real estate investment company Croatan Investments announced Monday that Eric Smith will serve as its new managing principal and chief investment officer. Smith was most recently the chief operating officer and CIO at Armada Hoffler Properties, also in Virginia Beach. During his career, he’s worked with multifamily, retail, office, mixed-use and hospitality clients. [&hell[...]
Former Tailored Brands warehouse in Richmond sells for $2.2M
A former Tailored Brands warehouse in Richmond sold for $2.2 million, Cushman & Wakefield | Thalhimer announced Tuesday. The warehouse is located at 3215 Williamsburg Road in the city of Richmond. Richmond-based D1 Moving LLC purchased the 52,500-square-foot facility, which sits on nearly 6 acres of land. D1 Moving, which is currently located at 4817 […]
Fairfax County establishes $2.5M small business loan fund
Fairfax County announced Thursday that it has established the Fairfax County Small Business COVID-19 Recovery Fund — a $2.5 million fund to support small businesses that have suffered economic hardship during the pandemic. The recovery fund will make no-interest loans of up to $20,000 to eligible businesses. In order to apply, the small business must […]
McLean IT company names new CFO
McLean-based Altamira Technologies Corp. announced Thursday that A. Adam Omar will serve as its new chief financial officer. A certified public accountant, Omar previously worked as CFO for Maryland-based CyberCore Technologies and he has worked as a vice president and finance executive for companies including Reston-based Science Applications International Corp., Software AG and LexisNexis. He [...]
