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Two Richmond properties change hands
Two properties in Richmond — an office building in Scott’s Addition and an apartment building in The Fan — have been sold, brokerage firm Marcus & Millichap announced Wednesday. An 11,130-square-foot building in Scott’s Addition at 3412 W. Leigh St. has sold for $1.8 million, according to Marcus & Millichap. According to city property records, […]
CoStar Group buys former SunTrust building in Richmond
CoStar Group Inc. has expanded its Richmond footprint with the $20 million purchase of the former SunTrust office building on the James River. The five-story, 117,448-square-foot building at 901 Semmes Ave. will be occupied by at least 400 employees, however the company has not determined which teams will occupy the space yet, a CoStar Group […]
Forward motion
Shenandoah is known for apple blossoms, but something else is popping up this spring in Front Royal: a new 340,000-square-foot warehouse logistics center. About a half-mile from the Virginia Inland Port, the center is one of roughly a dozen projects in the region built by Equus Capital Partners Ltd., a commercial real estate agency based […]
Martin Agency’s Robinson wins Ad Age CCO of the year
Danny Robinson, The Martin Agency’s chief creative officer, was named Ad Age’s chief creative officer of the year on Thursday, as the publication lauded him for having “revved up the agency’s creative output, turning out great ideas at a quicker pace across multiple categories and brands.” Among Richmond-based Martin’s clients are Geico, UPS, Old Navy, […[...]
Bon Secours Richmond president leaving for Pa. health system
Bon Secours Mercy Health Richmond President Faraaz Yousef will be leaving the health system to become chief operating officer and an executive vice president for Pennsylvania-based WellSpan Health. He will end his tenure at Bon Secours on April 29 and the health system is conducting a national search for his successor. “Faraaz has led the […]
Richmond tech company to add 30+ jobs
Shockoe, a Richmond-based technology company that builds apps and other tech products for client companies, will expand to create more than 30 jobs, Richmond’s mayor announced Thursday. Headquartered in the Scott’s Addition neighborhood, Shockoe was founded in 2010 by Edwin Huertas and has been featured in the Inc. 5000 list of fastest-growing privately held companies, […]
Woods Rogers, Vandeventer Black law firms to merge July 1
Woods Rogers PLC and Vandeventer Black LLP announced Wednesday that the two law firms have agreed to merge as Woods Rogers Vandeventer Black, creating the state’s fifth-largest firm, with more than 130 attorneys and a total workforce of 250 people. The merger will go into effect July 1. Daniel Summerlin, president of Roanoke-based Woods Rogers, […]
Atlantic Union reopens corporate offices
John Asbury, president and CEO of Richmond-based Atlantic Union Bankshares, has learned a lot about his employees during the pandemic. Chief among them: Many of them often don’t need to be in the office five days a week to get their work done. But he also knows that some in-office collaboration is key to the […]
Midlothian lighting company promotes exec to CFO
Midlothian-based lighting and home decor company Shades of Light promoted Sean Acton to chief financial officer on Thursday. Acton was the company’s controller for about two years, and he will continue to oversee the accounting team until the company hires an accounting manager. Acton will take on oversight of the purchasing, inventory and production teams. […]
Hunton Andrews Kurth promotes execs
Virginia’s second-largest law firm, Richmond-based Hunton Andrews Kurth LLP, has named a new executive committee chair, the firm announced Monday. Randall S. Parks will succeed George C. Howell III as the chair of the firm’s executive committee. Parks joined the firm (then Hunton & Williams LLP) in 1988. Howell served as chair for five years, […]
Richmond casino sites are up for grabs
With a future casino at least temporarily off the table in Richmond, two of the three land parcels that hopeful developers had been eyeing as future casino sites are back on the market, while the third will remain a movie theater. In spring 2021, city officials selected Urban One Inc.’s proposal to build a $565 […]
VFCCE names Ben Davenport chairman
Davenport Energy Inc. Chairman Ben Davenport is the next chairman of The Virginia Foundation for Community College Education, the Richmond-based foundation announced Tuesday. In 2016, Davenport and his wife, Betty, invested $1 million through VFCCE to create a pilot program with four community colleges that provided early childhood programs to 150 early childhood professionals. Those […]
