Serco Inc. announces plans to acquire BTP Systems LLC
The deal is expected to close by the end of the year.
Altec Industries to invest $30 million in fifth expansion in Botetourt County
65,000-square-foot expansion is expected to create 180 new jobs.
Apple Hospitality REIT acquires Residence Inns by Marriott in Portland and Salt Lake City area
The purchases bump the Richmond-based REIT’s portfolio to 238 hotels in 34 states.
NKF awarded exclusive leasing assignment for RMR Group’s Westfields portfolio
The six-building portfolio in Chantilly totals 450,000 square feet.
Divaris adds three retail shopping centers to its Hampton Roads portfolio
Centers add more than 380,000 square feet.
CarMax announces plans to hire more than 2,000 people nationwide
Approximately 150 of those positions are expected to be filled in Virginia.
Virginia is beginning to see a shortage in residential housing, realtor group says
Statewide, sales were down during the third quarter, and prices were up.
Arlington-based hospitality management company launches new division
Intrigue Hotels & Resorts by Interstate focuses on independent properties.
Virginia Beach apartment community sells for $12 million
160-unit Baywatch Pointe goes for about $75,000 per unit.
Cherry Bekaert elects firm managing partner and CEO
Michelle L. Thompson, CPA, will assume her new role on May 1.