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Home>Sydney Lake

Sydney Lake

Recent Articles from Sydney Lake

News January 12, 2021

Booz Allen’s TEAMS business unit acquired by Chantilly company

Chantilly-based System High Corp. announced Monday it has acquired McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc.’s technical, engineering, advisory and management support (TEAMS) business unit. Financial terms of the acquisition were not disclosed, but the Booz Allen business unit includes 110 employees and serves the Missile Defense Agency (MDA). “[...]

Robert Smith. Photo courtesy BWXT
People January 11, 2021

BWXT names president, government operations

Lynchburg-based nuclear fuel supplier BWX Technologies Inc. (BWXT) announced Monday that it has hired Robert F. “Rob” Smith as president of government operations, a newly created position. Smith most recently served as vice president and general manager for Lockheed Martin’s radar and sensors systems market segment. In his new role, he will oversee BWXT’s U.S.-based […]

Brandon Reeves. Photo courtesy VCA
People January 8, 2021

Virginia Cattlemen’s Association names executive director

The Virginia Cattlemen’s Association (VCA) announced Dec. 29, 2020 that Brandon Reeves has been named as its executive director. Organized in 1944 and chartered in 1953, the VCA promotes Virginia’s cattle industry. Reeves is a Virginia native who grew up on his family’s beef operation in the Shenandoah Valley. Reeves earned his bachelor’s degree in […]

1601 Roseneath Rd. rendering courtesy Capital Square
News January 8, 2021

350-unit apartment complex coming to Richmond’s Scott’s Addition

A 350-unit mixed-use apartment building is coming to Richmond’s Scott’s Addition neighborhood by late 2022 or early 2023, Glen Allen-based real estate investment company Capital Square and Charleston, South Carolina-based real estate developer Greystar announced Thursday. Capital Square and Greystar purchased 2.28 acres of land in Scott’s Addition for $8.6 million that will be us[...]

3501 E Princess Anne Road. Photo courtesy Cushman & Wakefield | Thalhimer
News January 8, 2021

Industrial building in Norfolk sells for $5M

An industrial building in Norfolk sold for $5 million, Cushman & Wakefield | Thalhimer announced Thursday.  The 86,732-square-foot building located at 3501 E. Princess Anne Road sits on 2.8 acres in Norfolk Industrial Park. The building is 33% leased to organic spices, herbs and botanicals manufacturer American Botanicals.  CPORF LLC purchased the building from Norfolk […]

Matt Jordan
People January 8, 2021

Woodbridge IT firm names VP, cloud center of excellence

Woodbridge-based information technology company Sev1Tech LLC announced Thursday it has hired Matt Jordan as vice president, cloud center of excellence. With a decade of experience in cloud-based services, Jordan most recently served as vice president of corporate strategy and development at JHC Technology. In his new role, he will focus on company growth and strategic […]

1011 Care Way. Photo courtesy Cushman & Wakefield | Thalhimer
Real Estate January 8, 2021

Fredericksburg medical office building sells for $2.6M

A medical office building in Fredericksburg sold for $2.6 million, Cushman & Wakefield | Thalhimer announced Wednesday. Nashville-based real estate private equity firm Excelsior Capital Group LLC purchased the 13,786-square-foot property from DJK Properties as an investment. Located at 1011 Care Way, the building sits on the Mary Washington Hospital Campus.  Two Mary Washington Hospital [&hel[...]

Aspen Dental building. Photo courtesy Cushman & Wakefield | Thalhimer
News January 8, 2021

Dental office building in Suffolk sells for nearly $2.43M

A dental office building in Suffolk sold for nearly $2.43 million, Cushman & Wakefield | Thalhimer Capital Markets Group announced Wednesday. California-based investor Aspen Suffolk LLC purchased the 3,500-square-foot Aspen Dental property located at 1930 North Main Street from LWS Suffolk Station LLC, an affiliate of Atlanta-based Salomon Real Estate Group, as an investment. The […]

People January 8, 2021

Mitre names new fellow

McLean-based The Mitre Corp. announced Thursday it has appointed Gerald Gilbert as a Mitre fellow focused on expanding the not-for-profit organization’s quantum science initiatives. Mitre fellows are a select group of scientists who lead programs at the organization, serving as subject matter experts and advisers to mission-critical programs, officers and the board of trustees. Gilbert [&hel[...]

News January 7, 2021

Fairfax tech company acquires Herndon intelligence services firm

Fairfax-based federal technology company Axiologic Solutions LLC announced Thursday it has acquired Herndon-based intelligence services firm Knowledge Link. It is Axiologic’s first acquisition. Financial terms of the transaction were not disclosed, but the acquisition will nearly double the size of Axiologic, according to a company statement. “Through the combination of Axiologic and Knowl[...]

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Top Stories

Virginia Gov. Abigail Spanberger was sworn in as Virginia’s 75th governor, the first woman to hold the office, on Jan. 17, 2026. Photo by Kira Jenkins/Virginia Business

Spanberger sworn in as Virginia’s first woman governor

Under cloudy skies at the Virginia State Capitol, Abigail Davis Spanberger was sworn in as Virginia'[...]

The University of Virginia Rotunda. Photo by Jay Paul

5 U.Va. board members resign at Spanberger’s request

The New York Times reported Friday evening that three University of Virginia board members have resi[...]

An offshore wind turbine. A boat sits in the background.

Federal court grants Dominion injunction, allowing offshore wind construction to proceed

Dominion Energy won a preliminary injunction Friday in federal court, allowing construction to resum[...]

Depositphotos

Virginia luxury packaging provider plans $34M HQ expansion

Infinity Global plans a $34 million expansion of its Danville headquarters, creating 150 jobs and mo[...]

Photo courtesy CarMax

Fortune 500 retailer CarMax lays off 230 employees, many in Virginia

Goochland County-based Fortune 500 used car retailer CarMax has laid off approximately 230 employees[...]

Depositphotos

Solstice Advanced Materials to invest $220M in Chesterfield expansion

Solstice Advanced Materials plans to invest $220 million to expand production at its manufacturing f[...]

People

Christen Smith has been named chief revenue officer of LMI. Photo courtesy LMI

LMI names new leaders following CEO change

20/1/2026

Dr. Ameya Kulkarni being named Kaiser's executive director.

Kaiser Permanente names mid-Atlantic medical director

15/1/2026

Dave Wajsgras is Everfox's new chairman and CEO. Photo courtesy Everfox

Former Intelsat CEO to head Herndon cybersecurity company

13/1/2026

Regions

Tourism bet pays off for Danville and Pittsylvania

In 2024, visitor spending across Danville and Pittsylvania County reached $275.2 million, according [...]

Shenandoah University President Tracy Fitzsimmons announced the Shine campaign on Sept. 13, 2025. Photo courtesy Shenandoah University

Shenandoah University launches $100M fundraising campaign

Shenandoah University has launched a $100 million fundraising campaign that aims to add a major new [...]

Developer Jerome Malinay spoke at the Sunny Valley subdivision groundbreaking. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Washington County workforce housing project launches

A residential subdivision composed largely of housing intended for the local workforce is coming to [...]

L to R: Virginia Peninsula Community College officials Bobby Perkins, Towuanna Porter Brannon, Steven Carpenter and Todd Estes at trades center groundbreaking Photo courtesy VPCC

Newport News trades center to power maritime workforce

Virginia Peninsula Community College is building a $9 million trades center in southeast Newport New[...]


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