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U.Va. School of Nursing receives $20M donation
The University of Virginia’s School of Nursing announced Thursday that it has received its largest-ever gift. The $20 million donation from Washington, D.C.-area billionaire philanthropist William E. “Bill” Conway Jr. and his wife Joanne will support the enrollment of more than 1,000 nursing students during the next 10 years. The gift is intended to support […]
Norfolk office building sells for $4.1M
Norfolk-based Azalea 888 LLC purchased a two-story office building in Norfolk Industrial Park for $4.1 million, Cushman & Wakefield | Thalhimer announced Wednesday. Azalea 888 purchased the property at 1151 Azalea Garden Rd. from Roseville, Calif.-based Asset Preservation Inc. in a deal that closed on Jan. 7. The 54,986-sq[...]
Reston’s SOC Telemed names new Chief Medical Officer
Dr. Jason Hallock was named as Reston-based acute-care telemedicine company SOC Telemed’s chief medical officer, the company announced Wednesday. Hallock has more than 20 years of health care experience working in hospital systems. In his new role, he will oversee management of clinical and medical objectives. He most recently worked for US Acute Care Solutions, […]
Richmond commercial property sells for $1.8M
Commercial parcels in the Scott’s Addition neighborhood in Richmond sold for $1.8 million, Virginia Beach-based Divaris Real Estate Inc. announced Wednesday. Capital Square 1031 LLC purchased 21,700 square feet (0.5 acres) located at 3001-3009 W. Leigh St. in Richmond from Cash Properties to build a three-building mixed-use complex. Based in Glen Allen, Capital Square specializes […]
Tysons cloud computing firm acquires Spanish software company
Tysons-based cloud computing company Appian Corp. has acquired Seville, Spain-based software company Novayre Solutions SL, developer of the Jidoka Robotic Process Automation (RPA) platform. Financial terms of the acquisition were not released. RPA is the use of specialized computer programs to automate repeatable business processes. Using RPA, companies can process transactions, manipulate data, trigger responses […][...]
Bipartisan bill seeks to demonopolize state electric energy market
State Dels. Mark Keam, D-Fairfax, and Lee Ware, R-Powhatan, held a press conference Tuesday to announce a bipartisan legislative effort to demonopolize Virginia’s electric energy market. The Virginia Energy Reform Act — which does not yet have a bill number —would establish a competitive market for electricity retailers; r[...]
DuPont Spruance facility plans $75M expansion in Chesterfield
Technology-based materials producer DuPont de Nemours Inc. will invest $75 million to expand and modernize its Kevlar manufacturing plant in Chesterfield County over the next several years, Gov. Ralph Northam announced Tuesday. The DuPont Spruance factory employs 2,000 people and will add 60 more jobs as a result of the expansion. The plant, which opened […]
Retail building sells for $3.45M in Roanoke
A retail building in Roanoke occupied by Ollie’s Bargain Outlet has sold for $3.45 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday. The building was previously occupied by Toys “R” Us until Ollie’s, a Pennsylvania-based discount retail chain, took over the lease in 2018. The 45,00[...]
Spotsylvania shopping center sells for $2.55M
Fairfax-based Yims Icon Property LLC purchased Lee’s Hill Retail Center in Spotsylvania County for $2.55 million, Cushman & Wakefield | Thalhimer announced Tuesday. The retail center located at 10651-10673 Spotsylvania Ave. was fully leased at the time of the purchase. The 14,500-square-foot property sits on 1.85 acres of [...]
State Democrats unveil 2020 legislative agenda
Gov. Ralph Northam and the leaders of the state legislature’s new Democratic majority unveiled their 11-point ‘Virginia 2020 Plan’ for the General Assembly session that begins Wednesday. House Speaker-designee Eileen Filler-Corn, incoming Senate Majority Leader Richard L. Saslaw, incoming House Majority Leader Charniele Herring and incoming Senate Caucus Chair Mamie Locke announced the plan with […][...]
Virginia Department of Medical Assistance Services names chief deputy
Ellen Montz was named chief deputy for the Virginia Department of Medical Assistance Services (DMAS) as of Jan. 3, DMAS announced Tuesday. Montz will be second-in-command for the agency, which oversees the state’s Medicaid program and the Children’s Health Insurance Program (CHIP). She will maintain her role as the agency’s chief health economist and director […]
Dominion chooses turbine supplier for $7.8B offshore wind farm
Richmond-based Dominion Energy has selected Spanish renewable energy engineering company Siemens Gamesa Renewable Energy S.A. as the preferred turbine supplier for its proposed $7.8 billion offshore wind farm off the coast of Virginia Beach, Dominion announced Tuesday. Dominion announced plans in September 2019 to build a 220-tu[...]
