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Two apartment complexes in Va. Beach sell for $7M+
Two apartment complexes in Virginia Beach have sold for $3.1 million and $4.525 million, respectively, commercial real estate investment company Marcus & Millichap announced this week. The Green Meadows Apartments sold for $3.1 million and the Breezy Meadows Apartments sold for $4.525 million, said Benjamin Yelm, regional ma[...]
Breeden Construction moves HQ, triples office space
Henrico County-based Breeden Construction has moved its headquarters office to an 8,100-square-foot space near Henrico Doctors’ Hospital — tripling its previous office space, the company announced this week. Financial terms of the move were not disclosed. The Class A office space is located at 1700 Bayberry Court, Suit[...]
Va. coronavirus cases top 2,000
5:30 p.m. April 3 update: A woman in her 80s has died from COVID-19 related causes, the Chickahominy Health District reported Friday afternoon. She is the first fatality in this district, which covers Charles City, Goochland, Hanover and New Kent counties. 4:30 p.m. April 3 update: A 17th resident of Canterbury Rehabilitation & Healthcare Center […]
Henrico County manager: Canterbury’s reaction to early offer of help was “not positive”
Canterbury Rehabilitation & Healthcare Center was slow to accept Henrico County’s help at the start of the COVID-19 outbreak that has left 16 residents dead and 108 people positive at the facility, Henrico County Manager John Vithoulkas said during a news conference Thursday evening. “We have respected their autonomy and[...]
Logistics companies try to weather supply chain storm
As supply chains become disrupted and demand for essential products such as grocery items, paper goods and personal protective equipment has skyrocketed, Virginia logistics companies are still operating quasi-business-as-usual as they’re also taking on new challenges. “There’s not a general increase in employment at th[...]
‘People have to start thinking about the relaunch plan’
Virginia Business virtually sat down with Mathieu Stevenson, CEO of Glen Allen-based hourly online staffing platform Snagajob, and Tammy Feaster, owner of the Spherion staffing services location in Winchester, to see how the staffing industry has weathered the coronavirus crisis. This is part of an ongoing series of conversation[...]
Averett University names new VP and CFO
Averett University announced Thursday that Don Aungst has become the university’s new vice president and chief financial and operating officer. He started at the Danville college this month. Aungst was most recently the CFO at Susquehanna University in Pennsylvania. He has more than 30 years of experience in higher educati[...]
Va. Beach-based DroneUp acquires AeroVista Innovations
Virginia Beach-based end-to-end drone pilot service company DroneUp LLC announced Thursday it has acquired Glenview, Illinois-based AeroVista Innovations LLC (AVI). The merged company will rebrand as The DroneUp Training Academy. DroneUp acquired AVI’s assets, employees and customer contracts. Financial terms of the transa[...]
Reston-based IT company names new CFO
Reston-based information technology company Contegix announced Thursday that it has named Mike Dunn as its new chief financial officer. Dunn was most recently the CFO of systems integrator and managed hosting provider NeoSystems LLC. He has also previously been CFO of Siteworx and Recovery Point Systems. In his new role, he will[...]
NOVA Educational Foundation receives $1M donation
The Northern Virginia Community College Educational Foundation (NOVA Foundation) announced Thursday it has received a $1 million donation from Debra Coffman Howe of Palm Beach, Florida. The funding will go to Howe’s existing endowment fund for NOVA nursing student scholarships and also to the NOVA COVID-19 Emergency Studen[...]
Booz Allen Hamilton pledges job security for employees through July 1
McLean-based global IT consulting firm Booz Allen Hamilton has pledged to keep its 27,000 workers employed at least through July 1 during the COVID-19 crisis, and has also pledged funding to support employees dealing with health care and child care issues. The company announced Thursday it will redirect $100 million to a “pandemic resilience program” […]
Richmond EDA to offer no-interest loans to small businesses hurt by crisis
The Richmond Economic Development Authority announced Thursday it will begin offering no-interest loans up to $20,000 to small businesses harmed by the COVID-19 crisis. The Richmond EDA has made $1 million available for the relief fund, according to the city’s economic development director, Leonard Sledge. Businesses based within the city limits with fewer than 25 […]
