Sign In
Free Newsletter
Senate OKs bill for some online alcohol sales
Virginians will be able to purchase spirits and low alcoholic beverage coolers from the comfort of their homes under a bill that passed the Senate 40-0 Wednesday. SB 824, introduced by Sen. Frank M. Ruff, R-Clarksville, would permit the Virginia Alcoholic Beverage Control Authority to include provisions in agency agreements with licensed distillers, allowing certain […]
Senate committee passes bill to provide workers’ comp to first responders with PTSD
Law-enforcement officers and firefighters suffering from post-traumatic stress disorder will be entitled to workers’ compensation under a bill that is headed to the Senate floor for a vote. The bill, SB 561, will provide that PTSD incurred by first responders is covered by the Virginia Workers’ Compensation Act if a mental health professional diagnoses an […]
SAIC set to acquire Unisys Federal for $1.2B
Science Applications International Corp. (SAIC) will acquire Unisys Federal for $1.2 billion, SAIC announced Thursday. Both companies are Reston-based, publicly traded federal contractors specializing in IT services. The transaction was approved by SAIC’s board of directors and the transaction is expected to close by May 1. Unisys Federal is an operating unit of Blue Bell, […]
Vienna e-commerce delivery company names CEO
Vienna-based e-commerce delivery company LaserShip has appointed Brett Bissell as its CEO, succeeding company co-founder Blake Averill, the company announced Wednesday. Bissell will be based in LaserShip’s Vienna headquarters and Averill will continue to serve on the company’s board of directors. He most recently comes from international supply chain company CEVA Logistics, where he was […][...]
Alabama company buys Little Creek Marketplace in Norfolk
Birmingham, Alabama-based property management company Shannon Waltchack’s retail real estate fund, SWNC I LLC, has purchased the Little Creek Marketplace shopping center in Norfolk, S.L. Nusbaum Realty Co. announced Tuesday. The sale price of the transaction was not disclosed. The 49,000-square-foot retail center was 97% lease[...]
Norfolk office building sells for $2M
A 15,000-square-foot office building in Norfolk sold for $2 million, real estate and investment management company Colliers International announced Feb. 3. Constructed in 2007, the two-story building is located directly off Military Highway at 5665 Lowery Road. The Janaf location of The Therapy Network is currently a tenant an[...]
TowneBank promotes exec to senior VP
Portsmouth-based TowneBank promoted Keith Robinson to senior vice president and indirect sales manager, the bank announced Wednesday. Robinson has been with the bank for 18 years and previously led dealer services and indirect lending marketing and sales in the Hampton Roads, Richmond and North Carolina markets. He also previous[...]
MITRE names VP of joint and cross-cutting capabilities
The Mitre Corp. has promoted Eliahu H. Niewood to vice president of joint and cross-cutting capabilities, the McLean-based nonprofit research and development organization announced Tuesday. Niewood has been with MITRE since 2017 and has focused on developing command and control technology for the Department of Defense. He has se[...]
Carter Machinery Co. Inc. acquires Baltimore tractor company
Salem-based Carter Machinery Co. Inc., an independent dealer of Caterpillar Inc. equipment, entered into an agreement to acquire Baltimore-based Alban Tractor Co. Inc. effective Feb. 4, the company announced Wednesday. Financial terms of the acquisition were not disclosed. Carter Machinery will become the Caterpillar dealer in a territory that will now include Northern Virginia, Washington, […][...]
U.Va. Foundation hires director of real estate asset management
The University of Virginia Foundation has hired Maryellen Dolan as director of real estate asset management, the organization announced Wednesday. The U.Va. Foundation has provided real estate, financial and administrative services to the university since 1986. Dolan will develop and implement strategies for the foundation’s r[...]
Top-ranked Virginia hotel has 23 rooms and five stars
After analyzing more than 30,000 hotels in the U.S., Europe, Canada, Mexico, Bermuda and the Caribbean, the U.S. News & World Report released its Best Hotels in the USA 2020 rankings on Tuesday, and three five-star Virginia hotels topped the list of the best hotels in the commonwealth. The Inn at Little Washington, a five-star […]
Alexandria Housing Development Corp. buys Avana Apartments for $106M
Alexandria Housing Development Corp. (AHDC) has acquired the former 326-unit Avana Alexandria Apartments for $106 million in an effort to provide affordable housing as rents and sales prices rise in anticipation of Amazon.com Inc.’s HQ2 East Coast headquarters, which is under development in nearby Arlington. The acquisition, which closed on Jan. 28, marks the first […]
