Please ensure Javascript is enabled for purposes of website accessibility

Suffolk

Aerial shot of warehouse next to water.
May 17, 2024

Suffolk logistics facility purchased for $50.5M

An entity connected with Ashley Capital, a New York-based industrial real estate company, sold a multi-tenant facility in Suffolk for $50.5 million to a Florida real estate investment firm on May 1, according to the city’s property records. The Bridgeway Business Center, a 707,000-square-foot warehousing and distribution facility on College Drive in Suffolk, was purchased […]

Prime for development
Apr 29, 2024

Prime for development

In the past year, Amazon.com continued its march across the commonwealth, announcing plans to build a 650,000-square-foot fulfillment center and a 219,000-square-foot delivery station in Virginia Beach, which are collectively expected to produce more than 1,000 jobs. About 60% the size of the Pentagon, Virginia’s second largest building belongs to Amazon — a 3.8 million-square-foot [&helli[...]

Mar 14, 2024

Food storage company to invest $77.5M in Suffolk facility

New Jersey-based cold and dry storage services provider FreezPak Logistics will invest $77.5 million to build a Suffolk facility, a project expected to create 80 jobs, Gov. Glenn Youngkin announced Thursday. FreezPak will build a 245,000-square-foot cold storage facility in Suffolk to serve the mid-Atlantic region. The 80 new jobs will be in warehouse operations […]

The industrial/warehouse building on 115 Dill Road in Suffolk sold for $7.5 million. Photo courtesy Cushman & Wakefield | Thalhimer
Jan 12, 2024

Suffolk industrial property sells for $7.5M

An industrial warehouse building in Suffolk has a new owner. American Industrial purchased the 256,800-square-foot industrial warehouse building on 11.6 acres from Nansemond Cold Storage for $7.5 million, according to a Dec. 29, 2023, Cushman & Wakefield | Thalhimer news release. American Industrial will upgrade and improve the property, which is located at 115 Dill […]

Chemical producer plans $193M Suffolk expansion
Jan 11, 2024

Chemical producer plans $193M Suffolk expansion

Wilmington, Delaware-based Solenis, a producer of specialty chemicals for water-intensive industries, plans to invest $193 million to expand its Suffolk facility, creating 34 jobs, Gov. Glenn Youngkin announced Thursday. Solenis plans to build an 80,000-square-foot production facility, packaging facility, a tank farm and add a new rail spur to accommodate the production of polyvinylamine polymer [[...]

Bon Secours tops off new Suffolk hospital
Dec 18, 2023

Bon Secours tops off new Suffolk hospital

Bon Secours held a topping-out ceremony Thursday for its $80 million, 98,000-square-foot hospital, Harbour View Medical Center, in Suffolk, expected to be completed in 2025. The surgically focused hospital will have 18 medical/surgical beds and four operating rooms and serve as an extension of the services offered on the campus, which currently has an emergency […]

Default Alt Text
Sep 14, 2023

Canadian company to spend $22.8M to expand to Suffolk

Toronto-based Automatic Coating Ltd., which provides advanced custom powder, liquid, and blasting, will invest $22.8 million to open its first U.S. location in Suffolk, adding an estimated 50 jobs, Gov. Glenn Youngkin announced Thursday. Virginia competed with Florida for the project. The move supports an existing contract with the U.S. Navy, and the company plans […]

Finance | Insurance 2023: G. ROBERT ASTON JR.
Aug 30, 2023

Finance | Insurance 2023: G. ROBERT ASTON JR.

When he founded TowneBank in 1999, Aston had a vision of creating a Main Street bank that would be focused exclusively on serving the people and businesses in its hometown. Today, TowneBank has over 45 locations, with assets of more than $16.7 billion as of March 31, and supports more than 200 nonprofit organizations through […]

Ernest Piccioli. Photo courtesy TowneBank.
Jun 12, 2023

TowneBank hires chief risk officer, senior EVP

Suffolk-based TowneBank appointed Ernest Piccioli as senior executive vice president and chief risk officer, the bank announced Monday. Piccioli is based at TowneBank’s headquarters. As chief risk officer, he will be responsible for governance of the company’s risk programs and oversee risk management, vendor management, credit review and appraisal services. “Having Ernest aboard as [...]

Andy Spicknall. Photo courtesy Bon Secours
Jun 6, 2023

Bon Secours names Harbour View Hospital president

Andy Spicknall became the inaugural president of Bon Secours Harbour View Hospital in Suffolk on Monday. Spicknall, who most recently served as vice president of operations at Bon Secours Maryview Medical Center in Portsmouth, reports directly to Pat Davis-Hagens, the health system’s Hampton Roads market president. “During his nearly 10 years with Bon Secours, Andy […]

Apr 27, 2023

May 2023 Top Five

The top five most-read daily news stories on VirginiaBusiness.com from March 14 to April 13 included Washington Commanders owner Dan Snyder’s efforts to sell the Ashburn-based NFL team to a group of bidders including Philadelphia 76ers owner Josh Harris and NBA legend Magic Johnson. 1  |  Naval operations building in Suffolk sells for $33M Home […]

Naval operations building in Suffolk sells for $33M
Mar 17, 2023

Naval operations building in Suffolk sells for $33M

The U.S. Fleet Cyber Command Center of Operations, a 114,045-square-foot building in Suffolk, has changed ownership. The building, part of a secure naval operations campus, sold for $33.25 million, according to Colliers Government Solutions. It is located at 115 Lake View Parkway in Suffolk. The seller of the building is Salus Group, and Colliers declined […]

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.