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Jul 13, 2021

SAIC makes three new leadership appointments

Reston-based Fortune 500 government contractor Science Applications International Corp. has appointed two new senior vice presidents and a new corporate controller, the company announced Friday. SAIC appointed Heather Wilson as senior vice president of human resources, a role in which she will serve as the HR business partner to[...]

Virginia Gov. Ralph Northam appears on CNBC's "Squawk Box" on July 13, 2021.
Jul 13, 2021

Virginia ranked CNBC’s Top State for Business again

Virginia retained its place as CNBC’s Top State for Business this year, beating out North Carolina and Texas and becoming the first state to achieve the honor twice in a row and five times in all, the cable business news channel  announced Tuesday morning. Virginia Gov. Ralph Northam appeared live Tuesday morning on CNBC&[...]

Jul 12, 2021

Peraton makes trio of leadership appointments

Herndon-based national security contractor Peraton Inc. has appointed three new executive team members, including a chief information officer and chief human resources officer, the company announced Monday. Rebecca McHale, former chief information officer for McLean-based Fortune 500 global management consulting company Booz All[...]

Jul 12, 2021

Northam proposes $353M for small biz, tourism relief

Ahead of the General Assembly’s August special session, Gov. Ralph Northam said Monday he wants to spend $353 million of Virginia’s federal relief funding on small business recovery and assisting the tourism industry. Virginia received $4.3 billion in federal funds through the $1.9 trillion American Rescue Plan passed in[...]

Dr. Joseph R. Johnson. Photo courtesy Liberty University
Jul 11, 2021

Liberty appoints dean for College of Osteopathic Medicine

Dr. Joseph R. Johnson was appointed dean of Liberty University’s College of Osteopathic Medicine, effective July 1. Johnson had been serving as interim dean since December 2020. “Prior to Dr. Johnson’s arrival, Liberty’s leadership set a goal to take LUCOM as a well-established osteopathic medical college, both in missio[...]

Jul 11, 2021

Va. Hospital Center receives $5M gift from Arlington CEO

Virginia Hospital Center in Arlington has received a $5 million donation from longtime donor Lola ​C. ​Reinsch to promote the hospital’s campus expansion efforts. “We are honored to receive this gift and would like to thank Lola and the Reinsch Pierce family for their enduring commitment to Virginia Hospital Center,” Virginia Hospital Center Foundation President Tony […]

Jul 11, 2021

Scottish company to locate data center HQ in Loudoun

Scottish energy solutions company Aggreko plc will establish its data center division’s North American headquarters in Leesburg, according to an announcement Friday from Loudoun County’s economic development department. Headquartered in Glasgow, Scotland, Aggreko provides temporary power generation equipment and temperature control equipment. “We are pleased to welcome Aggreko to the growing ecosystem of energy and […][...]

Altria's headquarters in Henrico County
Jul 11, 2021

Altria to sell winemaking division for $1.2B

Henrico County based Altria Group Inc. announced Friday that it has entered into a definitive agreement to sell its Ste. Michelle Wine Estates winemaking division for $1.2 billion to New York-based private equity firm Sycamore Partners Management LP in an all-cash deal. The deal is expected to close by the end of this year. The [...]

Jul 11, 2021

Charlottesville apartment complex goes for $44.9M

Barracks West, a 324-unit townhouse and apartment complex in Charlottesville, has been sold for $44.9 million, Edge Multifamily Capital Markets Group announced this week. Located at 255 Saponi Lane, the community was sold off-market to Reston-based Willow Creek Partners by The Goldstar Group. Bethesda, Maryland-based Goldstar pu[...]

Jul 11, 2021

Valley Wealth Group buys former Truist office in Roanoke

A Truist Bank office in Roanoke was sold for $1.9 million in late June, Cushman & Wakefield | Thalhimer announced. VWG/RNK Properties LLC purchased the 6,715-square-foot office building at 3119 Chaparral Drive from Truist.  The property will be the future location of Valley Wealth Group, a Roanoke-based financial management[...]

Jul 11, 2021

Va. Beach KFC building sold for $2.4M

A KFC restaurant in Virginia Beach will become a Cook Out following its $2.44 million purchase by Cook Out – Virginia Beach Inc., Cushman & Wakefield | Thalhimer announced last week. The 2,745-square-foot building at 1010 Independence Blvd. was sold by Cabrillo Mobile Lodge LLC, represented by Dean G. Martin of Thalhim[...]

Jul 11, 2021

Hampton corporate campus sells for $1.95 million

Watson’s Petroleum Equipment Service Real Estate LLC, an entity connected with the petroleum service based in Hampton, purchased a 26,214-square-foot office, manufacturing and warehouse campus on 4.45 acres for $1.95 million, Cushman & Wakefield | Thalhimer announced this week. The property at 3130-3301 NASA Drive in H[...]

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