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Hitting a brick wall
Casey Renner has worked in four states over the course of her teaching career, and she’s never liked a school more than Arlington County’s Wakefield High School, where she teaches science and special education. But she has also never had as much difficulty finding housing near work as she has during her 17 years teaching [&h[...]
New SVP for HR joins The Branch Group
Roanoke-based The Branch Group Inc. has hired Tina Pfalzgraf as senior vice president for human resources, the company announced March 28. Pfalzgraf’s first day was Monday. She will be responsible for leading human resource initiatives for the company, and will serve on its executive leadership team. Pfalzgraf has more tha[...]
Ex-Roanoke Times press building to become apartments
Another former newspaper building will be turned into apartments. The former Roanoke Times press building, located at 120 Salem Ave. in Roanoke, sold for $2.2 million. BH Media Group Inc. sold the 51,087-square-foot former press production facility to Belleview Investments LLC as a redevelopment property. A restauranteur shared [...]
Skanska tops out mixed-use building in McLean
Heming at 1800 Chain Bridge Road, a 28-story mixed-use building in McLean, has now been “topped out,’ Skanska announced March 23. Representatives from Skanska, CallisonRTKL, IMEG Corp., and Skanska’s construction partners commemorated the construction milestone by signing a steel beam and placing it at the highest [...]
Hilton Richmond Downtown completes multimillion-dollar renovation
Hilton Richmond Downtown’s multimillion-dollar renovation is complete, New Orleans-based management company HRI Lodging LLC announced March 24. The renovation includes a new lobby bar and lounge and hybrid meeting space, as well as updating the fitness center, indoor pool and guest room bathrooms. The 250-room Hilton Richmond [...]
Median home prices rose 9% in Va. since 2021
The cost of buying a home in Virginia increased nearly 9% in the past year, according to a March 21 report from Virginia Realtors. The statewide median sales price in February was $350,000, or $28,550 higher than it was in February 2021. That’s an 8.9% increase and the sharpest gain since June 2021. Not only […]
Super Chix to open 10 locations in Va.
Super Chix Chicken & Custard, a Dallas-based chicken sandwich franchise, plans to open 10 locations in Virginia, beginning with one in Williamsburg, the company announced March 23. Virginia Beach-based management and development company S2K Hospitality will open the first restaurant in Williamsburg’s Midtown Row in the[...]
Chesterfield medical office building sells for $12M
A medical office building in Chesterfield County sold for $12.25 million, Cushman & Wakefield | Thalhimer announced March 23. Located at 7300 Ashlake Parkway, the 27,606-square-foot property is 100% leased to four tenants: Vital Care Family Practice, LabCorp, James River Cardiology and Absolute Dermatology & Skin Cancer [...]
McLean medical office building refinanced with $20M loan
Toronto-based commercial real estate firm Avison Young announced Wednesday that its debt and equity finance team had arranged a $20 million loan to refinance a medical office building in McLean. Built in 1985, the three-story, 47,000-square-foot medical office building is located at 1420 Beverly Road. A partnership between Stewa[...]
Richmond pares down Diamond District developer pool
Story updated, March 24 at 11:45 a.m. The city of Richmond announced Wednesday that six competing development teams have been chosen out of 15 applicants to continue in the competition to redevelop the Diamond District area near the Richmond Flying Squirrels’ stadium. The city requested applications late last year for the [...]
CowanGates opens Williamsburg office
Richmond-based law firm CowanGates has expanded to Williamsburg and opened a new office, the firm announced March 17. The new office is located at 439 W. Duke of Gloucester St., and will initially focus on real estate law, including contract and closing negotiations, construction and permanent financing, easement agreements, cov[...]
Capital Square promotes James Brunger to CSO
Henrico-based real estate firm Capital Square has promoted James Brunger to chief sales officer, the firm announced March 17. Brunger joined the firm in 2019 as executive vice president and national sales manager. Under his leadership, Capital Square launched 49 investment programs that have raised more than $1.2 billion in equi[...]
