Two retail spaces in Harrisonburg sell for $5.25M
Two retail spaces in a Harrisonburg shopping center have sold for a total of $5.25 million, Harrisonburg-based commercial real estate brokerage Cottonwood Commercial announced Monday. The 2,500-square-foot Starbucks unit and a 5,000-square foot unit occupied by Potbelly Sandwich Shop and Sleep Number, a bedding store, were pur[...]
Norfolk apartment complex sells for $17M
The Brittany Place apartment complex in Norfolk has sold for $17 million, New York City-based commercial real estate company Berkadia Commercial Mortgage LLC announced late last week. Located at 6143 Edward Street, the complex includes 148 two-bedroom units. The Affordable Housing Corp. sold the property to 6143 Edward Street [...]
Danville Pittsylvania County Chamber to move Sept. 1
The Danville Pittsylvania County Chamber of Commerce announced Tuesday that it will move to leased space within the Institute for Advanced Learning and Research (IALR) in Danville as of Sept. 1. The Chamber has been located in Blairs since 2005, when the Pittsylvania County Chamber of Commerce and the Danville Area Chamber of Commerce merged. […]
JMU leaders want Confederate names removed from buildings
James Madison University announced Monday that university leadership is asking the JMU Board of Visitors to rename three campus buildings on its Quad that are named for Confederate leaders Gen. Thomas “Stonewall” Jackson, Col. Turner Ashby Jr. and Matthew Fontaine Maury. “We recognize that these building names a[...]
Report shows 60% of Americans wear sweatpants while teleworking
Approximately 60% of Americans report that they are wearing sweatpants or athletic wear while telecommuting, according to survey results released Monday by the Alexandria-based Society for Human Resources Management (SHRM). Only 6% of respondents reported wearing business attire. “With just 6% of teleworking Americans wearing business attire at home, and 17% working in our pajamas, […][...]
Gannett’s Rugged Races subsidiary to host virtual runs during pandemic
While large events have been canceled amid the pandemic, Rugged Races, a subsidiary of McLean-based Gannett Co. Inc. (the nation’s largest newspaper publisher), announced Monday it has signed a licensing agreement with Warner Bros. Entertainment Inc. to produce virtual runs with superhero and comic book characters. “Unlike a traditional road race where thousands of people […]
MITRE names five to new advisory board
The Mitre Corp. (MITRE) has named five members to its newly established Center for Technology & National Security (CTNS) board, the McLean-based nonprofit research and development organization announced Monday. The center links MITRE with senior government officials for research and development purposes. Advisory board mem[...]
Henry County manufacturer announces $6.9M expansion
Henry County-based manufacturing company Drake Extrusion Inc. will invest $6.9 million to expand its operations, Gov. Ralph Northam announced Monday. Drake Extrusion, a subsidiary of Sweden-based filament yarn and staple fiber manufacturer Duroc AB, plans to build an additional manufacturing facility in a vacant 120,000-square-foot building on Industrial Park Drive. The expansion will create 30 […][...]
More small business relief funding on the way in Chesterfield
Chesterfield Economic Development and The Chesterfield Chamber announced Monday that the second round of a small business relief funding program will open on June 29. The $5 million Back in Business funding program provides grants up to $10,000 to businesses struggling during the pandemic. The Chesterfield County Board of Superv[...]
15 Metro stations to reopen this weekend
The Washington Metropolitan Area Transit Authority (WMATA) announced Monday that 15 rail stations closed due to the agency’s COVID-19 response will reopen on Sunday, June 28. The following Monday, buses will also be added to 14 lines to increase capacity and offer more frequent service. WMATA, which runs the transportation system, began reducing service hours […]
Va. COVID-19 cases continue weekly decline
Virginia continues to see a weekly decline in COVID-19 cases, with the Virginia Department of Health reporting 3,579 new cases for the week ending June 22. The state reported 68 new deaths from the coronavirus during the same time period, bringing the state death toll for the pandemic to 1,620. The state has seen 58,465 [&hellip[...]
Survey: Economic, cultural impact of virus concern Va. execs
A newly released survey finds that Virginia business and nonprofit leaders are concerned not only about the financial but the cultural impact of the COVID-19 pandemic. The Culture Conundrum survey, which polled 365 leaders across Central Virginia, Hampton Roads and Northern Virginia, was conducted from May 19-31 by Williamsburg-based marketing research firm Brand Planning LLC […]