Recent commercial real estate deals in Hampton Roads
The following commercial real estate deals in Hampton Roads were announced the week ending Sept. 17 by local firms. A multi-tenant retail condo at The Strand at 3244 Holland Road in Virginia Beach sold for $2.02 million. The 10,200-square-foot building was purchased by a private investment group that will occuply one of the existing spaces. […]
Pamunkey Tribe names W.M. Jordan, Suffolk as Norfolk casino builders
Newport News-based construction company W.M. Jordan Co. will team up with a national firm, Suffolk, to build Norfolk’s $500 million HeadWaters Resort & Casino project on the Elizabeth River, according to a Friday announcement from the Pamunkey Indian Tribe, the casino’s operator. Suffolk, which earns $4 billion in annual revenue and employs 2,500 people in […]
Amazon opens career center, two distribution facilities in Hampton Roads
Amazon.com Inc. has launched a career center and two delivery stations in Hampton Roads, it announced Wednesday. The Amazon Career Center opened last week at 1989 S. Military Highway in Chesapeake and will serve as a hiring and orientation hub for Amazon’s facilities in Chesapeake, Suffolk, Norfolk, Hampton and Virginia Beach. One delivery station opened […]
Dominion Energy and Port of Va. reach lease agreement for offshore wind project
Dominion Energy Inc. and the Port of Virginia reached an agreement allowing Dominion to lease 72 acres of the Portsmouth Marine Terminal, Gov. Ralph Northam announced Wednesday. Dominion Energy will use its portion of the 287-acre terminal, one of the Port of Virginia’s two multiuse terminals in the Norfolk Harbor, as a staging and pre-assembly […]
Two Va. companies among group that won $950M Navy contract
Two Virginia federal contracting companies were part of a group of companies that won a maximum $950 million construction contract from Naval Facilities Engineering Systems Command (NAVFAC) Mid-Atlantic, Norfolk. Along with six other contractors, they can compete for task orders under the terms of the contract, the Department of Defense announced Friday. Virginia Beach-based S.B. […]
Proposals for Norfolk’s Military Circle Mall redevelopment narrowed to 3
Three groups have submitted full proposals to the city of Norfolk to redevelop Military Circle Mall. In late 2020, Norfolk put out a call for developers to turn the struggling mall into a thriving mixed-use community. The city narrowed the list to four, but on Friday, just three proposals were released by the city, including […]
Norfolk software company to expand, create 37 jobs
A Norfolk-based software company will expand its operation and create 37 jobs, Gov. Ralph Northam announced Thursday. SVT Robotics, a company that accelerates the deployment of industrial robotics, will invest $101,400 to expand in the Ghent area of Norfolk. The company will build a lab to house robotic equipment used to demonstrate its proprietary platform […]
Inova Fairfax Medical Campus captures No.1 state ranking
Inova Fairfax Medical Campus unseated University of Virginia Medical Center as the best hospital in Virginia in U.S. News and World Report’s annual list of the best hospitals in the nation, which was released Tuesday. The Inova facility was also ranked as the top hospital in the Washington, D.C. area. “We are extraordinarily proud to […]
Virginia Lottery reports record $3.26B in annual revenue
The Virginia Lottery posted an all-time record $3.26 billion in annual sales and a record $765 million in profits for the fiscal year that ended June 30, the lottery’s board announced Wednesday. The lottery saw a 52% increase in revenue and a nearly 30% increase in profits over the prior fiscal year. The introduction of […]
Sentara Healthcare hires medical director of health equity
Sentara Healthcare has hired Dr. Keith H. Newby as an independent contractor to serve as the system’s medical director of health equity. He will work on expanding plans and initiatives that improve access to health care in underserved neighborhoods, as well as on plans that promote higher COVID-19 vaccination rates among populations with lower inoculation […]
East Coast Appliance acquires Norfolk building for $1.4M
East Coast Appliance has purchased a 40,000-square-foot building in Norfolk for $1.4 million, which it plans to use as a warehouse, Cushman & Wakefield | Thalhimer announced last week. The property, at 1164 Azalea Garden Road, is on 2.9 acres and was purchased from Richard and Cheryl Hart. Geoffrey W. Poston of Thalhimer handled the […]
Willcox Savage names new managing partner
Thomas C. Inglima, a longtime attorney at Willcox Savage PC in Norfolk, has been named managing partner effective July 1, the law firm announced Thursday. Inglima, who joined Willcox Savage more than 25 years ago and has been a partner since 1999, succeeds Robert L. Dewey, the firm’s managing partner for more than 20 years. […]