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Industries

May 10, 2021

Virginia awaiting CDC approval before vaccinating kids ages 12-15

Although the U.S. Food and Drug Administration on Monday expanded its emergency use authorization of the Pfizer Inc. COVID-19 vaccine to include children ages 12 and older, Virginia will wait for action from the Centers for Disease Control and Prevention before administering shots to adolescents, state vaccination coordinator Dr[...]

May 10, 2021

Guidehouse taps Fairfax for global HQ, creating 900 jobs

Guidehouse, a management consulting company with clients around the world, will establish its global headquarters in Fairfax County, producing more than 900 jobs, Gov. Ralph Northam announced Monday. The company will invest $12.7 million in a campus at 1676 International Drive in McLean, where 1,550 people will work at full capacity. Virginia competed with Maryland […]

May 10, 2021

Danville’s White Mill to be redeveloped into mixed-use project

Danville’s Industrial Development Authority and The Alexander Co. are teaming up to redevelop the city’s White Mill on the Dan River as a mixed-use commercial and residential project, with $62.5 million invested in the first phase, city officials announced Monday. Local officials have long been seeking developers for[...]

May 10, 2021

Atlantic Broadband announces $7.2 million partnership

Atlantic Broadband has announced a $7.2 million partnership to deliver broadband to more than 1,200 homes and businesses in Caroline, Mathews, Lancaster and Middlesex counties. A $4.2 million grant from the Virginia Telecommunication Initiative pays for the bulk of the project, with $1.5 million coming from Atlantic Broadband and the remaining $1.5 contributed by the […]

May 9, 2021

Cushman & Wakefield | Thalhimer names HR senior manager

Ryan Murchison has been promoted to senior human resources manager, Cushman & Wakefield | Thalhimer announced Friday. Murchison joined the Richmond-based real estate firm in 2015 and will oversee human resources for all the company’s business lines and offices, which are in Richmond, Newport News, Virginia Beach, Frede[...]

May 9, 2021

Norfolk Family Dollar store sold for $2.47M

A Family Dollar store in Norfolk has been sold for $2.47 million, Cushman & Wakefield | Thalhimer announced this week. The building at 2328 E. Princess Anne Road was sold on April 30 by Twin Rivers Capital to 527 Kings Hwy LLC, with sale negotiations handled by Catharine Spangler with Thalhimer’s Capital Markets Group [...]

May 9, 2021

Woodbridge office building goes for $3.25M

A commercial office building in Woodbridge has sold for $3.25 million in an off-market deal, Edge Capital Markets Group announced this week. The 11,200-square-foot building sits on a 1.56-acre parcel of land at 13370 Minnieville Road. Currently the building is occupied by a social services center focused on workforce training an[...]

May 9, 2021

Downtown Culpeper mixed-use property sold for $3.95M

The Waters Place mixed-use property in downtown Culpeper has been sold for $3.95 million, Cushman & Wakefield | Thalhimer announced this week. The redevelopment and new building at 201 Waters Place includes 25 residential units and nine commercial spaces. Waters Place sits on half an acre and includes a renovated warehouse f[...]

May 9, 2021

Técnico Corp. buys Newport News building for $3M

An industrial building in Newport News’ Oyster Point Park was sold for $3.125 million, Cushman & Wakefield | Thalhimer announced this week. Técnico Corp. purchased the 53,414-square-foot building on 3.93 acres from Beja LLC and will occupy the property at 806 Bluecrab Road. Clay Culbreth of Thalhimer handled the sale [...]

May 7, 2021

Leidos completes $380M Gibbs & Cox acquisition

Reston-based Fortune 500 government contractor Leidos has completed its $380 million, all-cash acquisition of Arlington-based engineering and design firm Gibbs & Cox, Leidos announced Friday. Gibbs & Cox, which specializes in naval architecture, marine engineering, management support and engineering consulting, has offices throughout the United States and Australia. It will operate as a wholly-owned Leidos […][...]

May 6, 2021

Axios-Athletic merger gets axed

A proposed merger between Arlington-based digital news company Axios Media Inc. and San Francisco-based sports media firm the Athletic is no longer going forward, according to a May 6 report from The Wall Street Journal. The Journal had previously reported that the companies had been exploring merging and going public through through a special purpose […]

May 6, 2021

Parsons lands $618M GSA contract

Centreville-based Parsons Corp. has won a $618 million contract with the U.S. General Services Administration, it announced this week, bringing the company’s total contracts won since the end of the first quarter to approximately $1 billion. The new contract covers professional services that advance the intelligence community’s global cyber and intelligence technologies for C5ISR, the […][...]

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