Three Lynchburg apartment buildings sell for $8.2M
Three apartment buildings within the Cornerstone community in Lynchburg sold for $8.2 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Monday. The buildings, located at 301 Rotunda St., 121 Colonnade St. and 101 Colonnade St. were built in 2012. They contain a total of 68 apartment units — 46 tw[...]
Historic Roanoke building sells for $9.5M
The Elmwood Building in Roanoke sold for $9.5 million, Hall Associates Inc. and buyer Freedom First Credit Union announced Tuesday. Located at 207 Bullitt Ave. SE in Roanoke’s Downtown Historic District, the 4-story, 46,500-square-foot building was built in 1919 and has housed a hardware store, furniture warehouse and Meridium[...]
Noblis subsidiary wins $72M Navy contract
Reston-based Noblis subsidiary Noblis MSD (mission solutions for defense) won a potential $72 million contract from the Naval Surface Warfare Center Philadelphia Division. Under the five-year indefinite delivery, indefinite quantity multi-award contract, Philadelphia-based Noblis MSD, previously McKean Defense Group LLC, will wo[...]
Virginia Beach office building sells for $10.45M
A building in the Reflections Office Park in Virginia Beach sold for $10.45 million, Cushman & Wakefield | Thalhimer announced Monday. Built in 1999, the building, Reflections IV, is 79,946 square feet and sits on 4.51 acres. It is located at 2901 S. Lynnhaven Road, and its tenants include Timmons Group, RK&K, Midgett Pr[...]
Virginia Beach neighborhood center sells for $6.43M
A neighborhood shopping center in Virginia Beach sold for $6.43 million, Colliers’ Retail Investment Group announced last week. Located at 3208 Holland Road, the center, Buckner Plaza, is 63,500 square feet and sits on 5.48 acres. It is 95.4% leased and anchored by Food Lion and Dollar General. Food Lion has been a tenant sinc[...]
Virginia Beach restaurant building sells for $1.6M
A restaurant building in Virginia Beach sold for $1.6 million, Cushman & Wakefield | Thalhimer announced Monday. Located at 1784 General Booth Blvd., the building is 5,105 square feet. Mahant Enterprise LLC bought the building from El Tapatio III for a Fuddruckers restaurant. Rob Wright with Thalhimer handled the sale on beh[...]
Tigercomm to acquire Florida clean energy PR firm
Vienna-based Tigercomm, a clean energy-focused public relations firm, is acquiring Tampa, Florida-based Chase Media Services LLC, in a deal that is expected to be completed by Nov. 1. Mike Casey, the Tigercomm founder and president, said the acquisition will help Tigercomm meet growing demand from clean economy sectors. “This acquisition is a strong fit with […]
Inova Loudoun Hospital names permanent chief
Inova Health System announced that Susan Carroll will be its permanent president of Inova Loudoun Hospital, effective Monday. Carroll has been serving in the interim role since July, while also serving as the president of Inova Fair Oaks Hospital. Carroll will work to establish areas of clinical growth and participate in the rec[...]
Virginia Association of Chamber of Commerce Executives names chair-elect
The Virginia Association of Chamber of Commerce Executives (VACCE) announced that Arlington Chamber president and CEO Kate Bates is its 2021-22 chair-elect. “I’m honored to be assuming the role of chair-elect for VACCE, following a line of tremendous leaders,” Bates said in a statement. “During the pandemic, [...]
Alexandria apartment building sells for $6.25M
A 32-unit apartment building in Alexandria sold for $6.25 million, Marcus & Millichap announced Thursday. Located at 2314 through 2330 Glendale Terrace, the three-story Glendale Terrace Apartments building was initially built in 1963. The property is 26,880 square feet. Huntington Station LLC sold the property to Sheire Tonk[...]
BAE Systems appoints Gina Haspel, Air Force Gen. Stephen W. Wilson to board
Former CIA director Gina Haspel and retired U.S. Air Force Gen. Stephen W. Wilson have been appointed to Arlington-based defense contractor BAE Systems Inc.’s board of directors, the company announced Friday. Their terms will run through April 2024. “We are extremely fortunate to have Stephen and Gina join our board,” Mich[...]
M.C. Dean wins $158M contract from U.S. Army Corps of Engineers
Tysons-based electrical engineering firm M.C. Dean Inc. won a $158.77 million contract from the U.S. Army Corps of Engineers to upgrade a controls system at Buckley Air Force Base in Colorado, the Department of Defense announced Friday. Under the fixed-price contract, M.C. Dean will upgrade and refurbish the power-generation plant and supervisory control and data […]