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Chesterfield County retail property sells for $1M
A multi-tenant retail property in Chesterfield County sold for $1 million, Cushman & Wakefield | Thalhimer announced last week. Located at 10801 Midlothian Turnpike, the 9,735-square-foot property was 100% leased at the time of the sale to Howes Car Stereo, SMG Imports and My Elite Physique, said Cushman & Wakefield | Thalhimer Senior Vice President […]
Home sales continue to surge in September
Virginia continues to see home sales surge, with a 35% increase during September, according to Virginia Realtors. Sales were up by a staggering 80% in Eastern Virginia when compared to last year. Northern Virginia saw a 37% increase, and Central Virginia saw a 24% jump. Although home sales historically slow following the summer season, the […]
Danville Community College announces Morgan Olson collaboration
Danville Community College (DCC) on Thursday announced a collaboration agreement with North America’s largest walk-in van manufacturer, Morgan Olson LLC, for training and talent development. Working with the Virginia Talent Accelerator Program and the Virginia Economic Development Partnership (VEDP), DCC and Morgan Olson devel[...]
Mt. Jackson firm buys German lab company
Mt. Jackson-based preclinical and clinical archiving company StageBio announced Tuesday it has acquired Freiburg, Germany-based TPL Path Labs. Terms of the acquisition were not disclosed. StageBio provides GLP-compliant (good laboratory practice) necropsy, histology, pathology and specimen archiving services for both preclinical and clinical research. The combined company will offer other services including histopathology, molecular p[...]
CACI wins $86.5M Homeland Security task order
The U.S. Department of Homeland Security awarded Arlington-based federal technology contractor CACI International Inc. a five-year, $86.5 million task order to analyze open-source data to prevent criminal, fraud, risk and terrorism activity. Under the task order, CACI will work to identify event patterns through data analysis approaches aimed at detecting criminal groups, conspiracies and activities […][...]
Leidos secures $149.2M Navy contract
The U.S. Navy awarded Reston-based Fortune 500 federal contractor Leidos Holdings Inc. a $149.2 million contract to provide services and supplies for the Naval Array Technical Support Center facility’s operations, the Department of Defense announced Thursday. The majority of the work on the contract will be performed in Newport, Rhode Island; Reston and Virginia Beach. […]
ManTech lands $260M Navy task order
The U.S. Department of Defense awarded Herndon-based ManTech, a technology contractor for U.S. defense, intelligence and federal civilian agencies, a four-year, $260 million task order to update the U.S. Navy’s mission systems for its maritime patrol and reconnaissance aircraft. Under the task order, ManTech will work to moder[...]
Northam directs $22M to future COVID vaccine program
While COVID-19 vaccines have yet to be approved in the United States, Gov. Ralph Northam announced Friday that the state government has earmarked $22 million in federal CARES Act to establish a statewide program to distribute vaccines once they’re ready. The commonwealth submitted its draft vaccination plan to the Centers for Disease Control and Prevention […]
Accenture Security managing director leaving
Anup Ghosh is leaving his position as managing director and global platforms lead for Arlington-based Accenture Security to become the CEO of Bethesda, Maryland-based Fidelis Cybersecurity. Hired in 2018, Ghosh directed the U.S. security division of Ireland-based Accenture plc, a global professional services provider that posted[...]
Loudoun County allocates additional small business funding
The Loudoun County Board of Supervisors has allocated an additional $145,000 to fund 29 more businesses with $5,000 COVID-19 Business Interruption Fund grants, Loudoun Economic Development announced Wednesday. The additional allocation will allow the fund to cover all 660 certified eligible businesses that applied for the county’s fifth round of COVID-19 small business relief funding. […]
Hotel industry recovery ‘a long way off’
Virginia hotel revenues continue at a steady decline compared to last year, according to data from STR Inc., a CoStar Group division that provides weekly market data on the U.S. hospitality industry. For the week of Oct. 11 through Oct. 17, hotel revenues in Virginia decreased by 50% and rooms sold declined by 31%, compared […]
VCU received record $335M in research funding for 2020
Virginia Commonwealth University received a record $335 million in sponsored funding for research during fiscal year 2020 — an 8% increase from 2019, the university announced Wednesday. “VCU’s ongoing commitment to its faculty, interdisciplinary research and investment in research infrastructure have translated into these record levels — which have grown by a third — over […]
