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Williams Mullen names next chief operating officer
Wyatt S. Beazley IV will be Richmond-based law firm William Mullens’ new chief operating officer, the firm announced Tuesday. Beazley will oversee the firm’s operations throughout Virginia, North Carolina and South Carolina. “Wyatt has a deep understanding of both the business operations and the culture at Williams Mullen,” Williams Mullen President and CEO Woody Fowler [&h[...]
Dominion Energy to sell Questar Pipeline to Southwest Gas for $1.9B
Richmond-based Dominion Energy Inc. has reached an agreement to sell its Questar Pipeline subsidiary to Las Vegas-based Southwest Gas Holdings Inc. for $1.975 billion, the Fortune 500 utility announced Tuesday. The all-cash deal includes the assumption of $430 million of debt. The transaction is expected to close in the fourth quarter. Questar Pipeline is an […]
250 acres on Richmond-Chesterfield border for sale at $79M
The director of Chesterfield County’s economic development office says a “major midtown development” could result from the sale of nearly 250 acres of undeveloped property in the county and the city of Richmond. The two pieces of land are now on the market for $30 million and $49 million, according to S.L. Nusbaum Realty, which […]
Five-building industrial portfolio sells for $9M
A five-building industrial portfolio with buildings in Harrisonburg, Chesterfield County, Newport News, Virginia Beach and Durham, North Carolina, sold for just over $9 million Thursday, Glen Allen-based commercial real estate firm Commonwealth Commercial Partners LLC (CCP) announced. ESAP LLC sold the portfolio to Drakadia Holdings LLC, a business entity registered to an eastern Henrico County [&[...]
Sauer Brands buys independent salsa brand
Richmond-based Sauer Brands Inc. is expanding into salsa with the acquisition of Frisco, Texas-based Mateo’s Gourmet Salsa, the company announced Thursday. Sauer Brands, which owns Duke’s Mayonnaise, The Spice Hunter, Kernel Season’s and its own line of spices and seasoning, did not disclose the financial terms of the deal. In July 2019, Charlotte, North Carolina-based […]
VCU Massey Cancer Center wins $3.3M grant for lung cancer research center
The Virginia Commonwealth University Massey Cancer Center won a $3.3 million Specialized Program of Research Excellence (SPORE) grant to establish a research center on lung cancer disparities from the National Cancer Institute last week. The Translational Research Center in Lung Cancer Disparities (TRACER) will study the disproportionate effects of lung cancer on the Black community. […]
Va. launches Amtrak service from downtown Richmond to D.C. and New York
Virginia is launching the Amtrak Northeast Regional Route 51, a thrice daily service from downtown Richmond to Washington D.C. and New York, Gov. Ralph Northam announced Monday from Main Street Station. “If you’ve ever been stuck on I-95, you know we can’t pave our way out of congestion,” Northam said in a statement. “This new train offers […]
Chesterfield hires director of real estate assessments
Chesterfield County has hired Melvin Bloomfield to be its director of real estate assessments. Bloomfield has been Richmond‘s deputy director of real estate assessments for the past seven years. He begins his new role Oct. 4. “We are ecstatic to have Mel joining the Chesterfield family. He brings a wealth of expertise and experience that […]
VPM president and CEO elected to PBS board
Jayme Swain, VPM and Virginia Foundation for Public Media president and CEO, was elected to serve a three-year term as a professional director on the Public Broadcasting Service Board, PBS President and CEO Paula Kerger announced Wednesday. Swain oversees VPM, which is a Richmond-based network of PBS and NPR stations across Central Virginia and the […]
Fahrenheit Advisors adds two managing directors
Richmond-based Fahrenheit Advisors has added two executives to its leadership team. Mark Vita will join the management consulting firm as managing director and will lead the firm’s business advisory and finance and accounting practices. John Atkinson will also be a managing director and lead the firm’s new sales transformation practice. Vita is taking the place […]
Charleston developer breaks ground on mixed-use building in Richmond
Charleston, South Carolina-based real estate development company The Beach Co. announced Tuesday that it had broken ground on a 1.65-acre mixed-use development in Richmond called Tidewater, which has an expected completion of spring 2023. Located in the Manchester neighborhood at 700 Semmes Ave., the six-story development will have about 266,854 square feet of apartments, about […]
Va. Community Capital names new president and CEO
Richmond-based nonprofit Virginia Community Capital (VCC) has hired Amir Kirkwood as its president and CEO, following founding executive director Jane Henderson’s January announcement of her retirement. He will assume the role on Nov. 1. “I am excited about Amir’s choice to join our organization,” Henderson said in a statement. “He brings the talent and market […]
