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Va. COVID-19 cases now above 2,400 in Saturday update
There are now 2,407 confirmed cases of COVID-19 in Virginia in Saturday’s Virginia Department of Health update, an increase of 395 cases since Friday’s update. Fifty-two people statewide have died from the virus, 390 are hospitalized, and the number tested is now 21,552. Late Friday, the Hampton Health Department announced the first coronavirus-related death of […]
Henrico County in contact with 39 of 41 nursing homes, fire chief says
After a news conference Thursday evening in which the Henrico County manager promised that county staff would be calling all of the county’s 41 nursing homes, the county Division of Fire employees followed through on the promise Friday. They spoke to employees at 39 facilities by mid-afternoon Friday, Fire Chief Alec Ought[...]
Williamsburg apartment complex sells for $26.25M
A 224-unit apartment complex in Williamsburg sold for $26.25 million, New York City-based commercial real estate company Berkadia Commercial Mortgage LLC announced Friday. The Regency at Longhill apartments are located at 5302 Lane Place Drive, which is less than 3 miles from the Warhill Sports Complex, the Williamsburg Premiu[...]
400,000 Virginians have enrolled in Medicaid due to expansion
More than 400,000 adults have now enrolled in the state’s Medicaid program since Virginia expanded eligibility in January 2019, Gov. Ralph Northam and the Virginia Department of Medical Assistance Services (DMAS) announced Friday. “We could never envision that we would reach this milestone amid a historic health emergency, but the timing is a reminder of […]
Va. to open temporary hospitals in NoVa, Richmond, Hampton Roads
With the COVID-19 crisis growing, Gov. Ralph Northam announced Friday that Virginia has selected three sites for overflow patient care: the Dulles Expo Center in Chantilly, the Greater Richmond Convention Center and the Hampton Roads Convention Center in Hampton. The state government is completing contracts to use the facilities[...]
Henrico strip mall sells for $1.5M
Laurel Park Shopping Center in Henrico sold for $1.5 million, Commonwealth Commercial Partners LLC announced Friday. The strip mall located at the corner of Woodman and Hungary Roads encompasses more than 16 acres of land, and is located less than 2 miles from Reynold Community College. The shopping center’s primary retailer i[...]
TowneBank moving closer to Norfolk Southern Tower purchase
Suffolk-based TowneBank is moving closer to purchasing the 22-story Norfolk Southern Tower, reaching an agreement to purchase a nearby downtown Norfolk parking garage for $8.5 million. TowneBank hopes to close on the parking garage and the Norfolk Southern building this summer, TowneBank spokesperson Joel Rubin said Thursday. T[...]
The ‘stress test’ for data centers
The internet hasn’t blown up — yet. But the primary data center hub of the world — Loudoun County — where more than 70% of all internet traffic passes through the county’s Ashburn area, has seen a 50% spike in daytime broadband consumption since the coronavirus crisis began, says Buddy Rizer, Loudoun County’s e[...]
Radford University off-campus apartments sell for $36.1M
More than 200 apartment units near Radford University sold for $36.1 million, Richmond-based real estate company One South Commercial announced this week. The buildings bought by Highland Apts I LLC, a special-purpose entity (SPE) associated with Reston-based real estate investment firm Willow Creek Partners. Radford-based devel[...]
Contura Energy temporarily closing several Va. mines
The Virginia Department of Mines, Minerals and Energy (DMME) was notified Friday morning that Tennessee-based Contura Energy is temporarily closing nearly all of its coal mines in Virginia in response to coronavirus, DMME spokesperson Tarah Kesterson says. Contura has affiliate mining operations in Pennsylvania, Virginia and West Virginia. Its Virginia facilities including 88 Strip, Long […][...]
Two apartment complexes in Va. Beach sell for $7M+
Two apartment complexes in Virginia Beach have sold for $3.1 million and $4.525 million, respectively, commercial real estate investment company Marcus & Millichap announced this week. The Green Meadows Apartments sold for $3.1 million and the Breezy Meadows Apartments sold for $4.525 million, said Benjamin Yelm, regional ma[...]
Breeden Construction moves HQ, triples office space
Henrico County-based Breeden Construction has moved its headquarters office to an 8,100-square-foot space near Henrico Doctors’ Hospital — tripling its previous office space, the company announced this week. Financial terms of the move were not disclosed. The Class A office space is located at 1700 Bayberry Court, Suit[...]
