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Tegna acquisition talks fall through
As the financial fallout from the COVID-19 pandemic escalates, Tysons-based Tegna announced that two offers to acquire the Gannett spinoff company have fallen through. “TEGNA and its advisors engaged substantially with two of these parties and provided them extensive non-public due diligence information,” the company wrote in a statement over the weekend. “These two parties […]
Virginia Tech names VP for student affairs
Frank Shushok Jr. has been named vice president for student affairs at Virginia Tech, the university announced Monday, and will officially begin on April 10. He has been the interim vice president since October, overseeing more than 3,000 faculty, staff and student employees in 20 departments. Student affairs also oversees dinin[...]
‘Talk to your banker today,’ Va. Bankers Assoc. president says
Virginia Business virtually sat down with Virginia Bankers Association President and CEO Bruce Whitehurst and Chairman Jeff Haley, who is also president and CEO of Danville-based American National Bank & Trust Co. This is part of an ongoing series of conversations with Virginians about how their work lives and businesses ha[...]
Piedmont Health District announces first COVID-19 fatality
A man in his 70s has died from causes related to COVID-19, the Piedmont Health District reported Monday afternoon. This is first coronavirus fatality in the district, which covers Amelia, Buckingham, Charlotte, Cumberland, Lunenburg, Nottoway and Prince Edward counties southwest of Richmond. With this death, the total of COVID-19-related fatalities statewide is 26, according to […]
Virginia is for takeout
Some people are testing out their baking skills during the coronavirus outbreak, while others are existing on Cheetos and M&Ms on the couch. The state’s restaurants want Virginians to remember that many eateries are still open for service, albeit in a different way than before, focusing on pickup and delivered provisio[...]
Va. CEOs provide grim economic outlook due to COVID-19
Fewer than 7% of Virginia CEOs expect sales, capital spending or employment to increase during the next six months, according to the first quarter 2020 CEO Economic Outlook Survey released Monday by the University of Richmond’s Robins School of Business and the Virginia Council of CEOs. It’s the lowest percentage respons[...]
Governor orders Virginians to stay at home through June 10
Gov. Ralph Northam has issued a stay-at-home order for all Virginians through June 10. Virginians will only be able to leave their homes for essential reasons — such as picking up groceries or prescriptions, seeking medical care or going to a job if necessary — as the official number of COVID-19 cases in Virginia exceeded [&[...]
Va. COVID-19 cases top 1,000
There are now 1,020 confirmed coronavirus cases in the commonwealth and at least 25 deaths, according to the Virginia Department of Health. More than 12,000 Virginians have been tested for the virus and 136 are hospitalized with COVID-19. Northern Virginia continues to have the most confirmed cases, with 224 in Fairfax County, 8[...]
Five more COVID-19 deaths announced in Virginia; total at 27
Regional health departments announced five more deaths related to COVID-19 on Sunday, bringing the state’s confirmed total to 27. Arlington Health District, which had 84 cases reported Sunday, the second-most in a locality in Virginia, reported its first two deaths from the coronavirus. The first patient was a 72-year-old with chronic medical conditions, who had […]
Developer to renovate Rosslyn Marriott, construct three residential buildings
The Rosslyn Marriott hotel will be partially demolished and renovated and three residential buildings will be added to the site, according to a release from the Arlington County Board. Financial terms of the plans were not released. The hotel is located at 1401 Lee Highway and currently has 445 rooms. Site developer KBLH LLC wil[...]
Mechanicsville apartment complex sells for $7.6 million
The Signal Hill Apartments complex in Mechanicsville sold for $7.6 million on March 26, according to Glen Allen-based real estate company Commonwealth Commercial Partners LLC. Signal Hill includes 68 units and one four-bedroom rental home and is located at 8111 Signal Hill Road. The property came on the market during fall 20[...]
Spotsylvania County office building sells for $3.8M
An office building in Spotsylvania County sold for $3.8 million, Cushman & Wakefield | Thalhimer announced March 24. The office building, Deep Run Building C, is 42,216 square feet and was 100% leased at the time of the transaction. It is located at 11905 Bowman Drive, which is less than a mile from the Rappahannock [&hellip[...]
