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Norfolk shopping center sells for $25M
A shopping center on Tidewater Drive in Norfolk with 20 acres of land sold for $25 million, Cushman & Wakefield | Thalhimer announced Monday. River City Capital LLC purchased the 246,000-square-foot Southern Shopping Center from Southern Shopping Center LLC. Situated on 20 acres, Southern Shopping Center is anchored by a Food Lion grocery store; other […]
ODU earns R1 classification in national ranking
Old Dominion University has earned the highest research activity classification in the Carnegie Classification of Institutions of Higher Education, the university announced Tuesday. ODU is now one of 137 four-year research institutions with the Research 1 classification, which indicates “very high research activity.” To receive the R1 classification, doctoral universities must meet benchmarks [...]
EVMS, ODU and Sentara sign health center agreement
Eastern Virginia Medical School, Old Dominion University and Sentara Healthcare entered into a memorandum of understanding Friday to work toward a collaborative academic health center. Officials from each institution will cooperate to improve health care disparities in Hampton Roads and to seek more consistent funding of EVMS from public and private sources, leaders said at […]
ODU hires new CFO, VP for admin and finance
Old Dominion University has hired Chad A. Reed as the university’s vice president for administration and finance and its chief financial officer, the university announced Friday. Reed, who serves in the same role at Radford University, will start at ODU on March 10. He will be part of ODU President Brian O. Hemphill’s senior leadership […]
ODU names ED of new bioelectronics center
Old Dominion University has named Gymama Slaughter the founding executive director of its Research Center for Bioelectronics, the university announced Monday. The new center, which opened July 1, allows ODU to increase its total sponsored research funding, advancing work on new cancer combinational therapy and non-invasive cancer diagnostic tools. It also helps the university’s research [&he[...]
2021 Virginia Business Person of the Year: Bruce Thompson
Standing on a hill overlooking the Atlantic Ocean, the Cavalier Hotel is a callback to a time when Virginia Beach was a sleepy little resort town inside Princess Anne County. Opened in 1927 as the largest brick building in the state, the Cavalier was a product of the Jazz Age. Over the years, the Y-shaped […]
2021 BANKRUPTCY / CREDITORS’ RIGHTS LAW Q&A
Ann Burke Brogan Davey | Brogan PC, Norfolk Title: Partner Other legal specialties: Business law, including maritime business and commercial litigation Birthplace: Alexandria Education: Bachelor’s degree, Davidson College; Law degree, William & Mary School of Law Spouse: Patrick Brogan (also my law partner) Children: Three, plus a son-in-law and a daughter-in-law Recently read book: “T[...]
2021 HEALTH LAW Q&A
Mary Elizabeth “Mary Beth” Sherwin Kaufman & Canoles PC, Norfolk Title: Member Other legal specialties: Some trusts and estate litigation and guardianship/conservatorship support Education: Bachelor’s degree, Wellesley College; law degree, William & Mary School of Law Children: I am the mom to my two littles, Oliver (7th grade) and Carolina (4th grade) — best job ever! First[...]
Colliers promotes J. Scott Adams to executive managing director
J. Scott Adams has been promoted from regional president to executive managing director for Colliers’ Virginia and Raleigh, North Carolina, brokerages, Colliers announced Nov. 9. Adams will focus solely on the leadership of all brokerage operations in the region. He will be based in Norfolk but will travel between the Virginia and Raleigh offices weekly. […]
Divaris to be Norfolk’s World Trade Center leasing agent
The new ownership of the World Trade Center in Norfolk selected Divaris Real Estate Inc. (DRE) as its management and leasing agent, the brokerage firm announced Tuesday. “We are both delighted and honored to have been appointed to handle the management and leasing of the World Trade Center building on behalf of the new ownership, […]
Norfolk townhome community sells for $77M
Crown Point Townhomes, a 480-unit apartment community in Norfolk, has sold for $77 million, Berkadia announced Monday. Bush Cos. sold the property, at 5371 Wyngate Drive, to a New Jersey-based buyer. The garden-style, multifamily property has two-, three- and four-bedroom floor plans and is located near Military Circle Mall. David Hudgins of Berkadia Newport News […]
New luxury apartments coming to downtown Norfolk
With $56.2 million in financing in place, Marathon Development Group’s Frank “Buddy” Gadams is ready to start work on “Gravity 400 Apartments,” in downtown Norfolk, Berkadia Commercial Mortgage LLC and Breeden Construction announced. Located at 400 Waterside Drive, the 273-unit high-rise apartment tower will be have studio, one-, two-, and three-bedroom floor plans, in a [&he[...]
