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Recent Articles from Sydney Lake
Hampton Roads residential median sales prices rose 10%+ last month
Hampton Roads saw residential median sales prices rise 10.04% during September, Real Estate Information Network Inc. (REIN) reported Monday. This is the largest annual increase in more than six years. September 2020’s median sales price was $275,000, compared to $249,000 during the same period last year. “Housing has been one of the strongest economic performance […]
Divaris names senior VP, office leasing
Virginia Beach-based real estate company Divaris Real Estate Inc. announced last week that it has hired Trib Sutton as senior vice president of office leasing in its Richmond office. Sutton joined Divaris after 21 years with commercial real estate firm CBRE | Richmond, where he handled tenant and landlord representation, investment sales and oversaw 27 […]
Reston government contractor to buy Alexandria tech company
Reston-based government IT contractor Xenith Solutions LLC announced Thursday it will acquire Alexandria-based tech company TRI-COR Industries (TCI). Terms of the transaction were not disclosed. Founded in 1983 by Louis Gonzalez, TCI provides large-scale, enterprise agile tech services to federal and local governments. Xenith Solutions is a service-disabled veteran-owned small business that prov[...]
Reston health care tech company names CTO
Reston-based health care technology company careMESH on Thursday announced that Gustavo Bonany has been hired as chief technology officer. With more than 20 years of experience, Bonany was most recently senior vice president of research and development for health care tech company Voxiva. In his new role, he will oversee development and delivery of careMESH’s […]
Va. Beach PPE manufacturer will create 180 jobs with $5.3M expansion
Premium-PPE, a manufacturer of AmeriShield branded masks and personal protective equipment, will invest $5.3 million to expand its Virginia Beach operations, creating 180 jobs, Virginia Gov. Ralph Northam announced Thursday. Premium-PPE is a subsidiary of Premium Estore LLC (doing business as PremiumEcigarettes), an e-cigarette product manufacturer that in March began operating as Premium-PPE to f[...]
Smith Mountain Lake chamber to launch leadership academy
The Smith Mountain Lake Regional Chamber of Commerce on Thursday announced the launch of its inaugural Smith Mountain Lake Leadership Academy, a 12-month program for emerging leaders. The program will allow participants to meet and learn from area business leaders from a variety of sectors. Ten participants will be selected during the first year. “The […]
Va. weekly initial jobless claims increase by 15%
The number of weekly initial jobless claims in Virginia increased by 15% last week, but the number of weekly continuing unemployment claims dropped by 7.5%, the Virginia Employment Commission reported Thursday. For the week ending Oct. 3, 10,843 Virginians filed initial claims for unemployment, up from 9,377 the previous week. Last week, 160,764 Virginians filed […]
Fairfax consulting firm names HR director
Fairfax-based Christopher Consultants Ltd. has hired Ali Downes as director of human resources. With more than 20 years of experience, Downes was most recently senior human resources manager with commercial real estate firm JLL, where she focused on workforce planning, talent management, compensation and performance management as well as recruitment. “We are so excited to […]
Va. hotels continue slow recovery
Virginia hotel revenues remained below pre-pandemic levels last week, according to data from STR Inc., a CoStar Group division that provides weekly market data on the U.S. hospitality industry. For the week of Sept. 27 through Oct. 3, hotel revenues in Virginia decreased by 43% and rooms sold declined by 27%, compared to the same […]
Md.-based tech company opens NoVa lab
Greenbelt, Maryland-based tech company Paradyme Management Inc. announced Wednesday it has established an IT lab, Paradyme Labs, in Tysons. The lab will serve as a hub for team and customer collaboration and as an operations space for recruiting, training, sales and engineering. The expansion allows for more space for Paradyme, which has nearly doubled the […]
