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Harrisonburg Dairy Queen sells for $1.15M
A Dairy Queen Grill & Chill in Harrisonburg sold for $1.15 million, Denver-based Blue West Capital announced Thursday. Dairy Queen was the only tenant leased to the property at 78 S. Carlton Street in Harrisonburg. The property sold as a sale-leaseback. The Dairy Queen franchisee will still be able to use the building, but w[...]
Former IKEA warehouse sells for $3.85M in Pittsylvania
A 152,379-square-foot warehouse and distribution facility formerly used by IKEA in Pittsylvania County’s Ringgold area sold for $3.85 million, Cushman & Wakefield | Thalhimer announced Monday. Rick Barker Properties LLC purchased the facility located at 240 Factory Lane — approximately six miles outside of Danville. [...]
Five-story apartment complex to be built in Henrico County
A five-story apartment complex will be built at the intersection of Maywill and Thalbro Streets in Henrico County, Cushman & Wakefield | Thalhimer announced Tuesday. Bristol Maywill Partners LLC purchased the 2.1 acres of land for $2 million from 2001 Maywill LLC. The apartment complex will be part of a mixed-use developme[...]
Battling coronavirus, Northam seeks faster release of prisoners
In light of the threat that coronavirus could pose to prison inmates, Gov. Ralph Northam has asked the state Department of Corrections to begin planning for the release of nonviolent prisoners with less than a year of time left to serve, the governor said during his Friday coronavirus news conference. When the General Assembly r[...]
COVID-19 disrupts Va. tourism as season ramps up
RICHMOND, Va. — Michael Moore has always enjoyed his job as wine trail guide with Top Shelf Transportation. He said the job is about more than wine. “I get people anything they need,” Moore said. “I’m like a rolling concierge.” Moore, 71, works in the Monticello Wine Trail region, which encompasses parts of A[...]
State extends ban on utility service disconnects
Due to the ongoing COVID-19 crisis, the Virginia State Corporation Commission has extended the ban on utilities disconnecting electricity, water, sewer and gas services until June 14. “While we fervently wish otherwise … it appears that the devastating economic effects of the COVID-19 pandemic are unlikely to abate significantly” by mid-May, when the order was […]
Managing during crisis
Virginia Business virtually sat down with Craig Halliday, CEO of Dulles-based software company Unanet, which provides project management software, timesheet software, expense reporting software and other human resources software to federal government contractors, architects and engineers. This is part of an ongoing series of con[...]
Death toll at Henrico nursing home climbs to 39
Canterbury Rehabilitation & Healthcare Center now has 39 patients who have died from causes related to COVID-19, the Henrico County center reported Thursday afternoon. Six died within the past 24 hours. This now exceeds the 37 deaths at the Seattle nursing home that was a highly publicized, early coronavirus outbreak hotspot in the United States. […]
Sentara Healthcare, VCU Health System seal the deal on Virginia Premier
Norfolk-based Sentara Healthcare and Richmond-based VCU Health System finalized their previously announced joint ownership of the Virginia Premier health plan on Wednesday. Sentara is now the majority owner and VCU Health has a 20% ownership stake of Virginia Premier, a Medicaid managed care organization. Sentara announced the agreement in September 2019, which will serve more […]
Closing time
Virginia Business virtually sat down with Mo Choumil, founder and CEO of Fairfax-based ATG Title Inc., which provides title insurance, escrow services and closing services, to see how real estate closings have been affected by the coronavirus crisis. This is part of an ongoing series of conversations with Virginians about how [...]
Williamsburg apartment complex sells for $26.25M
A 224-unit apartment complex in Williamsburg sold for $26.25 million, New York City-based commercial real estate company Berkadia Commercial Mortgage LLC announced Friday. The Regency at Longhill apartments are located at 5302 Lane Place Drive, which is less than 3 miles from the Warhill Sports Complex, the Williamsburg Premiu[...]
400,000 Virginians have enrolled in Medicaid due to expansion
More than 400,000 adults have now enrolled in the state’s Medicaid program since Virginia expanded eligibility in January 2019, Gov. Ralph Northam and the Virginia Department of Medical Assistance Services (DMAS) announced Friday. “We could never envision that we would reach this milestone amid a historic health emergency, but the timing is a reminder of […]
