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Arlington cybersecurity firm promotes CEO
Jennifer Tisdale has been promoted to CEO of GRIMM, the Arlington-based cybersecurity firm announced Tuesday. She was previously the firm’s senior principal of cyber-physical systems security. “Having spent the last decade dedicated to the advocacy of cybersecurity research and testing, it is an honor to lead the strategic direction and phenomenal cybersecurity talent at GRIMM,” [...]
Capital Automotive Real Estate acquired for $3.8B
McLean-based Capital Automotive Real Estate Services Inc. has been acquired by Los Angeles-based investment management firm Ares Management Corp. for $3.8 billion, Ares announced Thursday. Ares bought the company from a Brookfield private real estate fund, according to a news release from Ares. The purchase was made with funds managed by Ares’ alternative credit strategy […]
Washington Gas gifts Virginia Tech $430,000 for STEM education
Washington Gas gifted Virginia Tech $430,000 to help increase pathways into higher education in STEM disciplines, the university announced Monday. “Washington Gas is honored to partner with Virginia Tech and promote STEM education across the commonwealth of Virginia. Together, our program will help shape future generations of students and workers exploring energy in school studies […]
JLL announces NoVa office move
JLL is moving its Northern Virginia office from Vienna to 1800 Tysons Blvd. in McLean, the commercial real estate company announced Monday. JLL will occupy nearly 24,000 square feet of the building, owned by Lerner Enterprises, with the move set during the first quarter of the year. Form Architects designed the office, which meets LEED […]
Prince William data center sells for $222.5M
Columbia, Maryland-based Corporate Office Properties Trust (COPT) sold DC-6, a data center in Prince William County, for $222.5 million to Cloud Capital, an affiliate company of Washington, D.C.-based CloudHQ, COPT announced Jan. 25. The data center, which was built in 2009, is located at 9651 Hornbaker Road and has 100,000 square feet in raised floor […]
Parsons Corp. elects new chairwoman
The board of directors of Centreville-based defense contractor Parsons Corp. has elected President and CEO Carey A. Smith as its chairwoman, effective April 14, the company announced Monday. Smith will replace Charles “Chuck” Harrington, the current executive chairman, who will retire when his board term expires in April. Additionally, the board elected Steven F. Leer […]
CTSI acquires N.C. tech firm
Chantilly-based technology firm Corbett Technology Solutions Inc. (CTSI) has acquired Knightdale, North Carolina-based Systems Electronics Inc., the company announced Jan. 20. Financial terms of the transaction were not disclosed. CTSI is a portfolio company of Chicago-based private equity firm Wind Point Partners and this makes CTSI’s eighth transaction since it was acquired by Wind Point [[...]
Graham Media Group announces next president and CEO
Catherine Badalamente will be the next president and CEO of Arlington-based Graham Holdings Co.’s local media division, Graham Media Group. Her hiring follows current president and CEO Emily L. Barr’s Tuesday announcement that she would retire later this year. Graham Holdings Co. is the family company of the late Katharine Graham, who was the former […]
Va. Health Center names new president and CEO
Virginia Hospital Center in Arlington has named Christopher T. Lane as its next president and CEO. Lane replaces James Cole, who is retiring after 36 years at the hospital. Lane will begin in late March. He will join VHC from Kaleida Health, Western New York’s largest health care system, where he was the president of […]
Kingstowne office buildings sell for $13M
Two office buildings in the Kingstowne area of Fairfax County have sold for $12.9 million, Avison Young announced last week. Melrose Solomon Enterprises purchased two office buildings at 5901 Village Parkway and 5695 King Centre Drive from The Halle Cos., based in Maryland. The larger property, 5695 Kings Centre Drive, is three stories, and was […]
Va. Chamber of Commerce elects next chair
The Virginia Chamber of Commerce elected Fred D. Thompson Jr. its 2022 chair on Tuesday. Thompson is chief administrative officer and a business partner at Reston-based Thompson Hospitality Corp. “Fred has been a vital member of the Chamber’s board of directors and executive committee for several years and is a valued leader in the business […]
NoVa’s 2021 home sales surpassed 2020 total
In Northern Virginia, nearly 27,000 homes were sold in 2021, an increase of 17% over 2020’s total and the highest number of sales since 2005, the Northern Virginia Association of Realtors reported this week. “For the year, the NVAR footprint total sales volume was up by more than 23%, reaching almost $19 billion. This is […]
