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Chesapeake shopping center sells for $5.1M
A shopping center in Chesapeake sold for $5.1 million, Colliers International announced earlier this week. The 75,023-square-foot Cahoon Commons Shopping Center is located at 644-648 Grassfield Parkway. The property is currently 25% occupied by tenants including Chesapeake Regional Medical Center, Virginia Alcoholic Beverage Con[...]
Navy awards potential $797.3M contract extension to Perspecta
The U.S. Navy awarded a potential $797.3 million extension to Chantilly-based federal contractor Perspecta Inc. for its Next Generation Enterprise Network (NGEN) contract for network support, net centric data and information technology support services, the U.S. Department of Defense announced Thursday. Under the contract extension, Perspecta will provide information security, testing, voice, video and data […][...]
Va. expects about 110,000 fewer doses of COVID-19 vaccine than previously announced
Virginia expects to receive 370,650 doses of the COVID-19 vaccines from Pfizer Inc. and Moderna by the end of the year instead of 480,000 as previously announced, the Virginia Department of Health said Friday. Operation Warp Speed, the federal response for vaccinating millions of Americans, informed VDH late Thursday of the decr[...]
Dominion files construction, operations plan for $7.8B offshore wind farm
Richmond-based Dominion Energy Inc. announced Friday it has filed the required construction and operations plan (COP) with the Bureau of Ocean Energy Management to build the utility’s proposed $7.8 billion, 2,640-megawatt Coastal Virginia Offshore Wind (CVOW) project. “This is an important step in the process toward [...]
Hilb Group announces third December acquisition
In its third acquisition announcement this week, Henrico County-based insurance company The Hilb Group LLC (THG) has acquired Lexington County, South Carolina-based employee benefits consulting, management and brokerage firm Plan Benefit Services Inc. (PBSI), effective Dec. 1. Financial details of the acquisition were not disclosed. Founded in 1986, PBSI provides employee benefits, retiree benefits, individual […][...]
Medical office building in Chesterfield sells for $1.825M
A medical office building in Chesterfield County sold for $1.825 million, Cushman & Wakefield | Thalhimer announced Tuesday. Located at 13440-13460 Tredegar Lake Parkway, the single-story, 9,992-square-foot building sits near the intersection of Route 288 and Powhite Parkway. Vascular Surgery Associates, which has six additi[...]
Va. home sales up by 30% in November
Virginia home sales were up by more than 30% in November — marking the greatest increase in home sales activity in more than six years, according to data released Thursday by Virginia Realtors. During the month of November, there were 11,590 home sales in Virginia, an increase of 2,681 from the same time last year. Year-to-da[...]
Former CIA data science chief hired as CEO of Exovera
Reston-based defense and government contractor SOS International LLC (SOSi) announced Wednesday it has hired Barbara Stevens, the former Central Intelligence Agency (CIA) chief of data science, as CEO of its software subsidiary Exovera. “Dr. Stevens has more than three decades of experience building and leading complex data sc[...]
14K+ Virginians filed initial jobless claims last week
The number of initial jobless claims filed last week reached close to its Aug. 8 peak, with more than 14,000 Virginians filing initial unemployment claims, according to Virginia Employment Commission data released Thursday. The week prior, initial claims reached more than 16,000. While there was a 12.9% decrease in claims from the previous week, the […]
Professional Services Council reelects Leidos CEO as board chair
The Professional Services Council (PSC) Board of Directors announced Thursday it has reelected Roger Krone, chairman and CEO of Reston-based Fortune 500 government contractor Leidos Holdings Inc., as chair for 2021. The PSC Board of Directors consists of 80 executives from member companies who are elected by their peers. Its lea[...]
The Hilb Group makes second December acquisition
In its second acquisition announcement this week, Henrico County-based insurance company The Hilb Group LLC (THG) has acquired Montclair, New Jersey-based insurance and risk management brokerage William H. Connolly & Co. LLC (WHC), effective Dec. 1. Financial details of the acquisition were not disclosed. Founded in 1950 by William H. Connolly Sr., WHC was owned […]
Franconia-Springfield, Van Dorn St. stations to close during holidays
The Washington Metropolitan Area Transit Authority announced Thursday that the Blue Line Franconia-Springfield and Van Dorn Street stations will be closed for safety improvements from Dec. 19 through Jan. 3. “Doing this work during the holidays will help minimize the number of riders affected by the closures,” according to a WMATA statement. “Ridership at the […]
