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Richmond office tower sells for $77M
Richmond’s 15-story Riverside on the James office tower has sold for $77 million, McLean-based American Real Estate Partners LLC (AREP) announced on April 6. Located at 1001 Haxall Point, the 263,752-square-foot building was acquired from AREP by New York-based Opal Holdings and is 95.3% leased. The building’s main tenant is the Richmond office of Atlanta-based […]
Tom Farrell retiring from Dominion Energy
After 14 years leading Richmond-based Dominion Energy Inc., Thomas F. Farrell II is retiring as the utility’s executive chairman, effective April 1, according to Securities and Exchange Commission filings submitted by the Fortune 500 company last week. Farrell is also stepping down from the company’s board of directors; he will remain on for two months […]
Eight over 80
What keeps a person working at an age when most of us are happy to let others take care of business? These overachieving Virginians, all over age 80, have remained hard at work mostly for one or more of three reasons. The first is being able to continue work with family. Retirement is rarely mandatory […]
Richmond supports restaurants with ‘Picnic in a Parklet’
Two Richmond restaurants will see their on-street parking lanes become outdoor dining areas this week to serve customers, spark business and encourage safer and socially distanced spaces. The dining areas are part Richmond city government’s “Picnic in a Parklet” pilot program, a partnership between the city and downtown booster Venture Richmond, according to a March […]
Richmond cuts three of six casino proposals
Updated, March 25 The city of Richmond has rejected three of its six casino proposals. The Pamunkey Indian Tribe, Golden Nugget Hotels & Casinos and Wind Creek Hospitality are no longer in the running, the city confirmed Wednesday night. In late February, the city announced that six casino projects had been submitted for consideration. Still […]
Colliers International Virginia taps executive vice president
Richmond-based commercial real estate agency Colliers International Virginia LLC announced Thursday that Charles Wentworth has been promoted to executive vice president. Wentworth joined Colliers in 2012 to specialize in multifamily sales, where he represents private, high net-worth and institutional clients in the Central and western Virginia markets. Since joining the firm, Wentworth has complet[...]
Phlow announces national coalition with children’s hospitals
Richmond-based Phlow Corp. announced Thursday the launch of a coalition that will help ensure that children’s hospitals across the country receive key medications. The Virginia Commonwealth University-affiliated Children’s Hospital of Richmond is one of 11 founding hospital members. Children’s Hospital Coalition (CHC) aims to provide certainty in availability and access to medici[...]
Dominion VP named to board of manufacturers association
The National Association of Manufacturers announced Wednesday that William L. Murray, Dominion Energy Inc.’s senior vice president of corporate affairs and communication, has been named to the NAM board of directors. “Bill Murray is a recognized leader in our industry, and the NAM will be stronger thanks to his service on our board of directors,” […]
Richmond leasing company announces promotions
Richmond-based equipment financing company CSC Leasing Co. announced Monday that it has promoted three executives. Sam Corey has assumed additional leadership responsibilities as head of the company’s vendor programs. He will continue to lead the credit and investment business function. He has been with CSC Leasing since 2008. Will Forston, formerly CSC Leasing’s director of […]
Draper Aden hires chief human resources officer
Richmond-based Draper Aden Associates has hired Robert Barclay as its chief human resources officer, the engineering, surveying and environmental services firm announced Tuesday. He will oversee the human resources and corporate health and safety teams, as well as serving on the firm’s executive team. Barclay previously worked as vice president of administrative services and human […]
W.M. Jordan Co. promotes two Richmond execs
Newport News-based construction firm W.M. Jordan Co. recently promoted two executives in its Richmond division. K. Brooks Ballance has assumed the role of vice president of the Richmond division; William “Bill” L. Lucas Jr. has been promoted to director of estimating for Richmond. Ballance joined the company as a project manager in 1999; he is […]
Commonwealth Commercial Partners announces promotion, hires
Richmond-based commercial real estate firm Commonwealth Commercial Partners has announced one promotion and two new hires. Thomas Hatcher has been promoted to managing director of asset management; Hunter Huber has been hired as managing director of Virginia; and F. Gresham “Gresh” Wall III has been hired as managing director of Hampton Roads. Hatcher joined the […]
