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Construction begins on $135M Loudoun biz park’s first phase
Construction has started on the first four buildings in an approximately $135 million, 10-building business community in Dulles, project owner-developer St. John Properties Inc. of Baltimore announced Wednesday. The project, Arcola Center, will be a 34-acre business park at the intersection of Loudoun County Parkway and Dulles W[...]
Two retail, office buildings in Chesapeake sell for $3.1M
Two buildings with retail and coworking spaces on South Military Highway in Chesapeake have sold for $3.1 million, Cushman & Wakefield | Thalhimer announced Monday. The 38,800-square-foot and 10,000-square-foot buildings sit on 4.7 acres at 2211 S. Military Highway. The property’s 31 tenants include Amazon.com Inc., FedEx [...]
Gray promoted from Navy Region Mid-Atlantic commander
After less than a year as the Norfolk-based commander of the Navy Region Mid-Atlantic, U.S. Navy Rear Adm. Christopher “Scotty” Gray is being promoted to lead the Navy Installations Command in Washington, D.C., pending U.S. Senate confirmation. Gray, who will be promoted to vice admiral after approval by the Senate, [...]
SAIC announces CEO transition
Nazzic S. Keene, CEO of Science Applications International Corp. (SAIC), will retire in October, the Reston-based Fortune 500 contractor announced Thursday. She will be succeeded by former Microsoft Corp. executive Toni Townes-Whitley, also formerly president of CGI Federal. Townes-Whitley will become CEO-elect on June 12, takin[...]
Richmond loft apartment community sells for $14.8M
A 70-unit apartment community in Richmond’s Manchester neighborhood sold for $14.8 million May 12. Putnam Mill LLC, an entity connected to First Priority Management of Washington, D.C., purchased The Mill at Manchester Lofts, a former paper mill and warehouse that now consists of studio, one-, two-, and three-bedroom loft [...]
SCHEV director to step down
Peter Blake, the long-time director of the State Council of Higher Education for Virginia (SCHEV), will step down by the end of the year, SCHEV announced Thursday. Blake has been director of SCHEV since 2012. The state higher education agency makes policy recommendations and approves new degree programs and schools within univer[...]
Bowman acquires Ga., Fla. engineering firms
Updated May 18 Reston-based engineering services firm Bowman Consulting Group Ltd. completed two acquisitions early this week, its 19th and 20th purchases since going public in May 2021. The company announced Monday it had acquired Georgia-based Fisher Engineering Inc. and followed it with a Wednesday announcement it had acquired Florida-based civil engineering firm Hole Montes […]
Carilion Clinic promotes COO Arner to president
Carilion Clinic has promoted its executive vice president and chief operating officer, Steve Arner, to president of the Roanoke-based nonprofit health system. He will remain COO while taking on new duties as president, Carilion said in its announcement Tuesday. Nancy Howell Agee, who has served as CEO and president since 2011, w[...]
Va. casinos report $35.4M in April revenue
Gaming revenues from Virginia’s two casinos open in April totaled $35.4 million last month, according to data released Monday from the Virginia Lottery. Rivers Casino Portsmouth, which received its casino license in November 2022 and opened Jan. 23, reported $21.3 million in adjusted gross revenue (wagers minus winnings) in Ap[...]
Shenandoah Valley SBDC names new director
Shenandoah Valley’s Small Business Development Center, based in Harrisonburg, has named Allison Dugan its newest director. Dugan started with the regional SBDC as a part-time program manager in 2014 and became a business adviser in 2015, adding the title of assistant director in 2019. She took on the leadership role May [...]
REC promotes principal engineering manager
Rappahannock Electric Cooperative has named Lee Brock as its principal engineering manager, the Fredericksburg-based utility announced Tuesday, In the new role, Brock will lead and coordinate engineering, design and construction for REC’s large-scale power projects and focus on response and service to new members in the large [...]
Markel to change name
Glen Allen Fortune 500 insurance and investment firm Markel Corp. will change its name to Markel Group Inc. on May 26, the firm announced Tuesday. The change is to “provide greater definition around the nature of [the] holding company, which includes three engines of insurance, investments and a group of diverse businesses in Markel Ventures,” […]
