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MSI opens $61.6M Suffolk distribution center
MSI, a California-based flooring, countertops, and tile supplier, opened its $61.6 million East Coast distribution facility in Suffolk.
Clark Nexsen acquired by Maryland firm
Virginia Beach architecture and engineering firm Clark Nexsen has been acquired by Maryland-based engineering, architecture and related services company Johnson, Mirmiran & Thompson.
Virginia housing sales drop again, but listings spike 35.5%
Virginia home sales fell for the third month in a row in April 2025, but active listings rose 35.5% the same month.
Expanded emergency dept. opens at Carilion Roanoke Memorial Hospital
Carilion Roanoke Memorial Hospital’s expanded emergency department, billed as one of the largest in the state, opened May 20. It's the first part of the Roanoke hospital's $500 million Crystal Spring Tower, set to open this summer.
Two MLS platforms with Virginia coverage merge data
Central Virginia Regional Multiple Listing Service and Bright MLS announced a data sharing agreement. Subscribers of each will be able to search current and historical property listing information integrated into both systems.
Housing supply, affordability gap remain top of mind for potential homebuyers
Households earning $75,000 a year can only afford 21.2% of all home listings, according to the National Association of Realtors and Realtor.com. In the 2025 Housing Affordability & Supply report released Thursday, NAR officials said that America’s housing affordability gap persists with less than one-fourth of all [...]
Henrico supervisors approve permit for St. Mary’s expansion
Bon Secours Mercy Health's planned $370 million renovation and expansion of Bon Secours St. Mary’s Hospital in western Henrico County advanced May 13, as the Henrico County Board of Supervisors approved a provisional use permit tied to the project.
Northern Virginia sees surge in housing inventory
The Northern Virginia housing market saw a significant increase in active listings in April, the Northern Virginia Association of Realtors reports.
Homes.com retains No. 2 ranking among US real estate portals
Homes.com averaged 104M monthly visitors in Q1 2025, ranking No. 2 among U.S. real estate portals, according to CoStar Group’s latest earnings call.
Northern Virginia home listings surged 63% in March over 2024
Northern Virginia home listings jumped 63% in March, far outpacing national trends as job cuts hit the region. Experts weigh in on what's behind the spike.
Phenix Commerce Center lands first tenant
Global e-commerce fulfillment, warehousing, and logistics provider Cirro Global has signed on to be the first tenant to move into the 840,000 square-foot Phenix Commerce Center in Hampton.
Avalon Townhomes in Hampton sell for $26.5M
Real estate investment and development companies Rock Creek Property Group and Two Rivers Realty Partners announced last week that they acquired a 182-unit townhome rental community in the Buckroe Beach area of Hampton for $26.5 million.
