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Defense and defensibility
When it comes to tech and government contractors, Northern Virginia’s national profile continued to rise in 2022. Arlington County, where Amazon.com Inc.’s multibillion-dollar HQ2 is continuing to take shape in National Landing, made headlines around the globe in spring 2022. Fortune 500 companies Boeing Co. and Raytheon Technologies Corp. announced within weeks of each other […[...]
Mary Washington hires admin/finance VP
The University of Mary Washington has hired Craig Erwin as vice president for administration and finance, effective Jan. 10. Erwin replaces Paul Messplay, who retires on Jan. 20. Erwin comes to UMW from Southwestern University, a private liberal arts college in Georgetown, Texas, where he was vice president for finance and administration and chief financial […]
Fredericksburg medical building sells for $6.85M
A medical office building in Fredericksburg sold for $6.85 million, Charlotte, North Carolina-based outpatient health care real estate firm Flagship Healthcare Properties LLC announced Wednesday. Built in 2007, the 16,483-square-foot medical office building is located at 1071 Care Way, adjacent to the 450-bed Mary Washington Hospital. The building is 100% leased to the Rappahannock Women’s [[...]
Getting down to business
In the late 1990s, Jennifer E. Clift was working as a secretary when her supervisor encouraged her to continue her education. She began taking business classes at the University of Mary Washington in Fredericksburg. “I wasn’t in a settled place,” she says. “I was not a traditional student. I was working full time, plus pretty […]
Arko Corp. buys Quarles Petroleum
Richmond-based Fortune 500 convenience retail holding company Arko Corp. has acquired Fredericksburg-based Quarles Petroleum for $170 million, Arko announced Monday. Arko Corp. debuted this year on the Fortune 500 list at No. 498 and is the parent company of Richmond-based GPM Investments LLC, one of the nation’s largest convenience store chains. Quarles Petroleum is one […]
HCA hires new Spotsylvania Regional Medical Center CEO
HCA Virginia has hired Ryan DeWeese to be the new chief executive officer of Spotsylvania Regional Medical Center, effective Feb. 14. DeWeese is currently chief operating officer of HCA Healthcare sister hospital Ocala Health, in Ocala, Florida, where he has been since 2020. But he is no stranger to Virginia. Before his role in Ocala, […]
Stafford supervisor elected to head VACo
Stafford County Supervisor Meg Bohmke was elected the next president of the Virginia Association of Counties (VACo) at the group’s annual conference in Norfolk on Nov. 16. Bohmke succeeds Fairfax County Chairman Jeffrey C. McKay and becomes the second president from Stafford to lead the association, following Ferris M. Belman who led the group from […]
Getting off the road
For years, residents in the Fredericksburg region looked north for opportunity and higher-paying jobs. But more homegrown jobs and remote work are signs of change for the area, says Curry Roberts, president of the Fredericksburg Regional Alliance, which includes Fredericksburg and the counties of Caroline, King George, Spotsylvania and Stafford. “We’re developing a distinct economy [&helli[...]
Booz Allen acquires Fredericksburg-based Tracepoint
Fortune 500 global management consultant Booz Allen Hamilton Inc. has acquired Tracepoint, a Fredericksburg-based digital forensics and incident response (DFIR) company, Booz Allen announced Monday. Financial terms of the agreement were not disclosed. Baton-Rouge based Plexos Group LLC, Tracepoint CEO Chris Salsberry, Brett Anderson and Rob Driscoll co-founded Tracepoint in December 2019. Tracepoi[...]
Carlyle Group buys two Va. tech companies; forms Two Six Technologies
An affiliate of Washington, D.C.-based global investment firm The Carlyle Group has acquired Virginia tech companies IST Research and Two Six Labs to form Two Six Technologies Inc., which will provide tech services to the intelligence community, the Department of Defense and other national security customers. Financial terms of the acquisitions were not disclosed, but […]
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[...]
These 16 Va. companies received $10M PPP loans
The U.S. Small Business Administration on Tuesday released additional information about all approved borrowers from its $659 billion Paycheck Protection Program (PPP) small business relief program, this time including exact company names, loan amounts, addresses and other information. Previously, the government in early July had released an incomplete list of recipients, including only ranges of[...]
