Grubb Properties buys 275,000-square-foot office building in Fairfax for $38.8 million
The acquisition represents company’s first investment in Washington, D.C., area.
Food Lion will invest $168 million in 105 stores in greater Hampton Roads
Grocer says investment will create more than 5,000 new jobs.
Landmark Media Enterprises donates $5 million to ODU
The money will be used for scholarships for in-state students.
World Distribution Services renews 167,077-square-foot-lease in Norfolk
Company will stay on Tidewater Drive.
Three Virginia company projects win awards
American Merchant, Navy Federal Credit Union and Facebook are recognized.
Swag Partners buys Henrico County office building for $2.8 million
Boost Promotional Branding will move into 26,290-square-foot space.
Apple Hospitality REIT buys new Hampton Inn & Suites in Phoenix for $44 million
Richmond-based company says it paid about $210,000 per room.
Joe May’s family foundation donates $5 million to Virginia Tech’s College of Engineering
Gift will create a pathway for 60 first-generation students per year.
John Marshall Bank names new president and CEO
Christopher W. Bergstrom headed Cardinal Bank before its acquisition last year.
Works begins on second phase of affordable housing community in Fredericksburg
S. L. Nausbam Realty Co. is developing Valor Apartment Homes.
GRTC Pulse to begin service in June
The project is expected to spur development and boost property values around the line.