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Amazon has hired 3,000+ HQ2 workers so far
So far, Amazon.com Inc. has hired more than 3,000 of the 25,000 employees it plans to recruit by 2030 for its multibillion-dollar HQ2 East Coast headquarters in Arlington, the global online retailer announced Wednesday. In 2019, the Virginia General Assembly passed an incentive package that would pay Amazon up to $550 million in[...]
Apartment buildings in Forest sell for $6.6M
Jefferson Ridge Apartments in Forest sold for $6.6 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group and Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group announced Tuesday. The sale finalized last week. Built in 1995, the 68-unit, 8-building apartment campus is located at 143 Jefferson Rid[...]
VEDP launches Supply Chain Optimization Program
The Virginia Economic Development Partnership launched its Supply Chain Optimization Program, Gov. Ralph Northam announced Wednesday. The one-year program is designed to help Virginia businesses streamline their supply chain management. Participating businesses could receive a maximum of $10,000 in reimbursements for supply chai[...]
Virginia sports betting dropped to $162M in July
Virginians bet $161.9 million in July but won $141.94 million, according to data released Wednesday by the Virginia Lottery. Virginia sports betting wagers now total more than $1.48 billion since the state legalized sports betting in mid-January. In June, the state reaped about $234.9 million in gross revenue from sports betting[...]
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[...]
