McLean software company acquires Richmond firm
McLean-based software company KLDiscovery Inc. has completed its 12th acquisition in seven years, buying Richmond-based legal services company Superior Document Services (SDS), KLDiscovery announced Thursday. Financial terms of the deal were not disclosed. SDS was founded in 1998 by Kriss Wilson and Renee Covington. The company provides litigation copying, scanning and database hosting to legal […][...]
Portsmouth industrial contractor buys parcel for $2.55M
Portsmouth-based general contracting firm W.F Magann Corp. purchased the final four acres of what was formerly a 44-acre major industrial parcel in Portsmouth for $2.55 million, real estate company Colliers International announced this week. Magann specializes in heavy marine, industrial and concrete construction. The site at 3340 W. Norfolk Rd. is located one mile from […]
Lynchburg’s BWX Technologies promotes Rick Loving to senior VP
Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc. promoted Richard “Rick” W. Loving to senior vice president and chief administrative officer, the company announced Thursday. Loving has 40 years of experience previously working for energy company Babcock & Wilcox Co. and engineering company McDer[...]
Oyster Point Park property in Newport News sells for $1.08M
A property in Newport News’ Oyster Point Park was sold for $1.08 million, Cushman & Wakefield | Thalhimer announced this week. BH Commercial Properties LLC bought the 15,118-square-foot office/warehouse building at 812 City Center Blvd. from Chesterfield Properties LLC, operating as Extreme Restoration Inc. The 52-acre[...]
Former Dick’s Sporting Goods store in Fredericksburg sells for $2.6M
The site of a former Dick’s Sporting Goods Inc. store in Fredericksburg was sold for $2.6 million, Cushman & Wakefield | Thalhimer announced this week. DWMK LLC purchased the 50,227-square-foot retail store from AEI Income and Growth Fund, 23 LLC. The store closed in January 2017 and has since been vacant. The building sits on […]
Arlington cloud security company appoints two execs
Arlington-based cloud security company DivvyCloud appointed Brandie Kalinowski as vice president of people and culture and David Geevaratne as vice president of North American Sales, the company announced Thursday. Kalinowski most recently was head of people operations at Etsy in Brooklyn, New York. She will focus on recruitin[...]
U.Va. School of Nursing receives $20M donation
The University of Virginia‘s School of Nursing announced Thursday that it has received its largest-ever gift. The $20 million donation from Washington, D.C.-area billionaire philanthropist William E. “Bill” Conway Jr. and his wife Joanne will support the enrollment of more than 1,000 nursing students during the next 10 years. The gift is intended to support […]
Norfolk office building sells for $4.1M
Norfolk-based Azalea 888 LLC purchased a two-story office building in Norfolk Industrial Park for $4.1 million, Cushman & Wakefield | Thalhimer announced Wednesday. Azalea 888 purchased the property at 1151 Azalea Garden Rd. from Roseville, Calif.-based Asset Preservation Inc. in a deal that closed on Jan. 7. The 54,986-sq[...]
Reston’s SOC Telemed names new Chief Medical Officer
Dr. Jason Hallock was named as Reston-based acute-care telemedicine company SOC Telemed’s chief medical officer, the company announced Wednesday. Hallock has more than 20 years of health care experience working in hospital systems. In his new role, he will oversee management of clinical and medical objectives. He most recently worked for US Acute Care Solutions, […]
Securitas Critical Infrastructure Services names new CEO
Tony Sabatino was named as CEO of Herndon-based Securitas Critical Infrastructure Services, Inc. (SCIS), the company announced Wednesday. Sabatino replaces Kevin Sandkuhler, who is retiring. Sabatino has 28 years of experience with Securitas USA (SUSA), where he served as executive vice president of its North American division. He coordinated acquisitions, including the company’s 2017 Diebold […][...]
Richmond commercial property sells for $1.8M
Commercial parcels in the Scott’s Addition neighborhood in Richmond sold for $1.8 million, Virginia Beach-based Divaris Real Estate Inc. announced Wednesday. Capital Square 1031 LLC purchased 21,700 square feet (0.5 acres) located at 3001-3009 W. Leigh St. in Richmond from Cash Properties to build a three-building mixed-use complex. Based in Glen Allen, Capital Square specializes […]
Tysons cloud computing firm acquires Spanish software company
Tysons-based cloud computing company Appian Corp. has acquired Seville, Spain-based software company Novayre Solutions SL, developer of the Jidoka Robotic Process Automation (RPA) platform. Financial terms of the acquisition were not released. RPA is the use of specialized computer programs to automate repeatable business processes. Using RPA, companies can process transactions, manipulate data, trigger responses […][...]