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Atlantic Union reopens corporate offices
John Asbury, president and CEO of Richmond-based Atlantic Union Bankshares, has learned a lot about his employees during the pandemic. Chief among them: Many of them often don’t need to be in the office five days a week to get their work done. But he also knows that some in-office collaboration is key to the […]
Bill Buchanan named CEO of BARC Electric Co-op
Millboro-based BARC Electric Cooperative has named Bill Buchanan as CEO, replacing Michael Keyser, who left the cooperative in December 2021. Buchanan will take over as CEO effective May 9. Chief Operations Officer Chris Botulinski has been filling in as interim CEO and will return to his role as COO, the cooperative announced M[...]
Leesburg environmental firm wins $136.9M NOAA contract
Leesburg-based environmental contracting firm Lynker has received a $136.9 million, five-year contract from the National Oceanic and Atmospheric Administration to provide scientific support to the National Weather Service’s National Centers for Environmental Prediction. Work is expected to begin Sept. 1 and will be performed at the weather services’ Environmental Modeling Center in College Park, Maryland, […][...]
39% of metro D.C. workers are back in the office
During the week of April 6, offices around the country had the highest number of workers back at their desks since March 2020, according to Falls Church-based Kastle Systems, which is tracking office occupancy data for 10 major cities, including the metro Washington, D.C., region. During the first week in April, an average of 43[...]
Sturtevant to leave Virginia Realtors for Bright MLS
Lisa Sturtevant, chief economist for Glen Allen-based Virginia Realtors, will join Bright MLS in May, Virginia Realtors announced earlier this month. Sturtevant has served as chief economist for the statewide Realtor organization since January 2020 and will continue consulting when she begins her new role. Rockville, Maryland-ba[...]
Herndon analytics firm taps new president and CFO
Herndon-based data analytics firm Illuminate has named Tameika Hollis as president and Scott Crane as chief financial officer, according to an April 12 announcement. Hollis previously served as Illuminate’s chief operations officer and joined the company in 2020 after nearly 17 years as a program manager and executive at Northrop Grumman, according to her LinkedIn […]
Booz Allen to sell Middle East/N. Africa biz
New York-based management consulting firm Oliver Wyman announced last week that it has entered an agreement to acquire McLean-based Fortune 500 global management consultant Booz Allen Hamilton Inc.’s business serving the Middle East and North Africa (MENA) region. Financial terms of the transaction, which is expected to close [...]
Va. construction contractor upsizes Roanoke office
Chesterfield County-based commercial and industrial contractor Atlantic Constructors Inc.’s Roanoke team moved this month into a renovated building double the size of its previous office and shop/warehouse space. The building at 1302 Rockland Ave. NW is 32,000 square feet. Property records show that ACI Suffolk LLC purchased t[...]
Norfolk mobile home parks sell for $9.75M, $6.4M
Two mobile home parks in Norfolk have sold, one for $9.75 million and one for $6.4 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Thursday. Located at 6659 E. Virginia Beach Blvd., Smitty’s Mobile Home Park consists of 136 pad sites on about 12.3 acres. Bonaventure bought the property from Hen[...]
Capital Square acquires Williamsburg apartments for $70M
Henrico-based real estate investment firm Capital Square has acquired a 207-unit apartment complex in Williamsburg, the company announced April 12. Capital Square acquired Sterling Manor, a five-building luxury apartment complex with townhomes and garden-style apartments, from Chaucer Creek Capital for $70 million, a company spo[...]
Mark Esper joins Tysons venture capital firm
Mark Esper, who led the Pentagon from 2019 to 2020, has joined Tysons-based incubation and venture capital firm Red Cell Partners LLC as a partner and chair of its national security practice, according to a news release. Esper will lead Red Cell’s investment activities in cyber, defense, security, international affairs, sp[...]
Norfolk Southern donates archives to museum
Atlanta-based Norfolk Southern Corp. donated its complete collection of historical documents and archives from Norfolk and Western Railway, its predecessor, to the Virginia Museum of History & Culture, the company announced last week. Norfolk Southern, formerly headquartered in Norfolk, also provided a $750,000 grant to help[...]
