Exceptions in a buyer’s market
This year has been a buyer’s market for commercial insurance, with competition among insurers helping to keep most rates down. Nonetheless, two types of coverage — auto and cyber — saw rate increases in 2016, a pattern that may continue next year.
ADP opens new Norfolk facility
$32 million customer service center is expected to eventually bring 1,800 jobs.
Rappahannock Oyster Co. to open a second location in Norfolk’s Waterside District
New restaurant will debut when Waterside opens in April.
New partner added to Ashburn ‘smart city’ project
FedBid Inc. joins 22 CityLink development team.
Cabela’s announces plans to hire 175 employees for new Gainesville store
Store is scheduled to open in spring 2017.
Ballston Interactive Directory is released
Mapping application is designed to share information among property owners, stakeholders, prospective tenants and patrons.
Access Bank opens Alexandria branch
Access National Bank has opened its sixth regional banking center in Alexandria.
Year-to-date Virginia home sales rise 6.4 percent to $31.97 billion
The median sales price for October was $262,500.
General Growth Properties buys Macy’s store at Tysons
Purchase will allow company to move forward with redevelopment of Galleria.
Dominion expands Amazon solar energy program
It will add 180 megawatts of generating capacity in five Virginia counties.
S.L. Nusbaum Realty announces transactions
S.L. Nusbaum Realty Co. recently announced completed negotiations totaling $23 million in sales and lease volume, which includes 178,711 square feet and 29.242 acres in its Richmond and Norfolk offices.