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Central Virginia

Breeden Construction hires marketing manager
Jan 7, 2022

Breeden Construction hires marketing manager

Richmond-based Breeden Construction has hired Corbin Matacunas as the company’s marketing manager, Breeden announced Friday. Matacunas will be responsible for conceiving and executing marketing strategies and tactics that drive growth, in addition to working on brand development and messaging. “Corbin is results-oriented and highly collaborative, which makes him a strong cultural fit,” B[...]

Deloitte names first female Central Va. marketplace leader
Jan 5, 2022

Deloitte names first female Central Va. marketplace leader

Deloitte named Alison Rogish its new Central Virginia marketplace leader Wednesday, the first woman to hold the role. “It‘s an honor to have been asked to serve as marketplace leader for Deloitte’s Central Virginia practice,” Rogish said in a statement. “I look forward to using my knowledge and experience to build on our marketplace excellence […]

Professional Services
Jan 4, 2022

ASGN promotes Rand Blazer to president

Henrico County-based ASGN Inc. has promoted Rand Blazer, president of Glen Allen-based ASGN subsidiary Apex Systems LLC, to president of ASGN. At the same time, ASGN promoted three other executives as presidents of its subsidiaries, the Fortune 1000 provider of IT and professional staffing services announced Monday. A former U.S. Army Captain, Blazer joined Apex […]

Richmond warehouse sells for $7.5M
Dec 29, 2021

Richmond warehouse sells for $7.5M

SR Westwood Avenue LLC has purchased 129,800 square feet of warehouse space on 4.76 acres of land at 2031 Westwood Ave. in Richmond from Westwood Development Group LLC for $7.5 million, Commonwealth Commercial Partners LLC announced Wednesday. Ben Bruni and Ryan Fanelli of Commonwealth Commercial Partners represented the buyer.  

Construction starts on $100M industrial center in Hanover
Dec 23, 2021

Construction starts on $100M industrial center in Hanover

Construction started Dec. 9 on the $100 million, 1.1-million-square-foot East Coast Commerce Center in Hanover County. The speculative industrial project is slated for completion in mid-summer 2022. The 129-acre center will have 120 truck docks, 540 trailer parks, 8-foot floor slabs, a 2:1 parking ratio and more than 35 surplus acres. “We’re very eager for […]

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Dec 22, 2021

$55M affordable housing community to be built in Richmond

Construction is set to start in January 2022 on a new $55 million affordable housing community in Richmond, developer Dakota Partners announced this week, after having purchased a 14.4-acre parcel at 2200 Brady St. on Richmond’s South Side. To be known as Brady Square, the community will include 264 residential units in two buildings constructed […]

Chesterfield’s Meadowbrook Plaza sells for $16M
Dec 17, 2021

Chesterfield’s Meadowbrook Plaza sells for $16M

Chesterfield’s Meadowbrook Plaza shopping center on Hopkins Road has been sold for $16 million, Colliers International announced Thursday. The 16.77-acre strip mall was sold by Premier RE FUND V LLC to UG Necessity Retail Fund 2 LP, also known as Unite Growth. The shopping center has 45,129 square feet and recently underwent a renovation. Some […]

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Dec 17, 2021

CoStar Group to open $460M campus in Richmond

Washington, D.C.-based CoStar Group Inc., a commercial real estate data and analytics provider, will build a $460 million corporate campus in Richmond, creating 2,000 jobs, Gov. Ralph Northam announced Friday. The new campus will include a 26-story, 510-foot, LEED-platinum-certified skyscraper that will be the tallest building in Virginia, rising two feet taller than the Westin […]

Dec 13, 2021

Two Va. projects are finalists for $100M U.S. EDA grants

Two Virginia projects — one to make Central Virginia an advanced pharmaceutical manufacturing hub and one to support the transportation and logistics cluster in Southern and Southwest Virginia — are two of 60 finalists for the U.S. Economic Development Administration’s Build Back Better Regional Challenge, which will provide awardees with up to $100 million each. […]

11-building office portfolio in Henrico sells for $87M
Dec 7, 2021

11-building office portfolio in Henrico sells for $87M

An 11-building office portfolio in Henrico County sold for $87 million, according to Henrico County property records. A partnership between New York-based Jack Sitt Real Estate LLC and Dubai, United Arab Emirates-based Gulf Islamic Investments LLC bought the portfolio on Dec. 1. Thalhimer did not disclose the seller. The properties are owned by various limited […]

Dec 6, 2021

Commercial real estate sales roundup

Central Virginia A Starbucks at 2627 Emmet St. North in Charlottesville has been sold for $3.85 million, Cushman & Wakefield | Thalhimer announced Dec. 3. Riverbend Development sold the 2,317-square-foot freestanding building, which includes a Wells Fargo ATM. The transaction was completed by Catherine Spangler of Cushman & Wakefield | Thalhimer’s Capital Markets Group. Landmark [&he[...]

Divaris hires RVA industrial CRE division head
Dec 3, 2021

Divaris hires RVA industrial CRE division head

Virginia Beach-based Divaris Real Estate Inc. has hired Dawn Calabrese as the senior vice president to spearhead its Richmond office’s industrial commercial real estate division, the real estate firm announced Thursday. “We are very fortunate and excited to have this opportunity to welcome Dawn Calabrese as senior vice president to the Richmond office. She brings […]

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