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Hampton Roads universities ink deal to establish public health school
The presidents of Old Dominion University, Norfolk State University and Eastern Virginia Medical School signed a memorandum of understanding Thursday to establish Virginia’s first school of public health. The MOU solidifies the plan announced in January to develop a regional school of public health and address health inequitie[...]
Suffolk retail property sells for $4.5M
A Suffolk retail property leased to Goodwill of Central and Coastal Virginia sold for $4.5 million, Cushman & Wakefield | Thalhimer announced Thursday. Located at 2901 Godwin Blvd., the single tenant, net-leased property is 15,477 square feet. Stablewood Properties LLC purchased the property from Good Partners LLC. Clark Sim[...]
Richmond hostel sells for $1.8M
The former HI Richmond Hostel sold for $1.8 million, S.L. Nusbaum Realty Co. announced. Located at 7 N 2nd St., the 13,704-square-foot building is expected to remain a hostel. Potomac Area Hostels Inc. bought the building from American Youth Hostels Inc. Thomas Langston and David T. Kalman with S. L. Nusbaum represented the buyer.
Trane distribution facility in Midlothian sells for $14.15M
Fairfax-based Peterson Cos., known for developing National Harbor in Maryland, closed Thursday on its $14.15 million purchase of an off-market distribution facility in Midlothian. The 83,025-square-foot facility, located at 14000 Justice Road, sits on a nine-acre parcel. It was constructed for Ingersoll Rand dba Trane Technologi[...]
CNU poll: McAuliffe leads Youngkin by 9 points
Former Virginia Gov. Terry McAuliffe and down-ballot Democratic candidates have significant leads over GOP gubernatorial candidate Glenn Youngkin, former co-CEO of The Carlyle Group, and the state Republican ticket, according to a survey of 800 likely voters released Thursday by Christopher Newport University’s The Wason Cente[...]
Arlington Capital Partners acquires McLean program management company
Maryland-based private equity firm Arlington Capital Partners has signed a definitive agreement to acquire McLean-based program management company MCR LLC, it announced Tuesday. Financial details of the transaction were not disclosed. MCR’s senior management team has invested alongside Arlington Capital, according to a news release. “MCR has established itself as a preeminent provider of differentiated […][...]
CVP acquires D.C. healthcare consulting company
Fairfax-based Customer Value Partners Inc. (CVP), a business and technology consulting company, acquired federal health contractor Atlas Research LLC, it announced Tuesday. Financial details of the transactions were not disclosed. “Atlas’ experience as the trusted transformation partner of clients across the Veteran Affairs and Health and Human Services provide the advisory and consulting capabilities to […][...]
Dominion Energy and Port of Va. reach lease agreement for offshore wind project
Dominion Energy Inc. and the Port of Virginia reached an agreement allowing Dominion to lease 72 acres of the Portsmouth Marine Terminal, Gov. Ralph Northam announced Wednesday. Dominion Energy will use its portion of the 287-acre terminal, one of the Port of Virginia’s two multiuse terminals in the Norfolk Harbor, as a stagin[...]
Dominion Business Center in Chesapeake sells for $5M
The two-building Dominion Business Center in Chesapeake sold for $5 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Aug. 16. Located at 1001, 1005 and 1009 Scenic Parkway, Dominion Business Center sits on about 21 acres within the 325-acre Dominion Commerce Park. The center is 90% leased to a gro[...]
Arlington tech contractor acquires Herndon software company
Arlington-based national security technology contractor Two Six Technologies announced Tuesday its first acquisition, of Herndon-based software and analytics company Trusted Concepts Inc. Financial details of the transaction were not disclosed. “I’m absolutely thrilled to welcome Trusted Concepts into the Two Six team,” Two Six Technologies CEO Joe Logue said in a statement. “Trusted Concepts’ co-founders […][...]
DXC Technology shifts CIO to COO
Tysons-based Fortune 500 IT company DXC Technology promoted Chris Drumgoole to executive vice president and chief operating officer, it announced Thursday, when Drumgoole assumed the role. “Going forward as COO, my focus will be to further enhance the productivity of our workforce, simplify and streamline operations and proces[...]
Arlington tech contractor names VP architect
Arlington-based national security technology contractor Two Six Technologies named Daniel J. “Rags” Ragsdale its vice president – architect on Aug. 4. “I’m beyond excited to have the opportunity to work closely with the deeply passionate and well-respected experts who comprise the Two Six Technologies team,” Ragsdale[...]
