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Glen Allen shopping center sells for $9.5M
A shopping center anchored by a Michaels craft store in Glen Allen sold for $9.5 million, Cushman & Wakefield | Thalhimer announced. Airport Hotel LLC, of Ellicott City, Maryland, bought Broad Street Plaza, located at 9856-9864 W. Broad St. in Henrico County, on Sept. 12. The four-tenant retail center is 100% leased and incl[...]
Liberty University partners with Spirit in pilot pipeline program
Liberty University is partnering with Spirit Airlines in a pipeline program to land aeronautics graduates jobs as pilots amid a national shortage. Spirit, a low-cost airline headquartered in Miramar, Florida, with presences at Richmond and Norfolk’s airports, announced the partnership Thursday. Liberty, which has an aerona[...]
Three Va. universities land on top patents list
Three Virginia research universities have made the National Academy of Inventors’ new list ranking the nation’s universities that were granted the most patents in 2022. The University of Virginia, Virginia Commonwealth University and George Mason University each made the list released Aug. 30, ranking 43rd, 86th and [...]
UR biz school receives $10M donation
The University of Richmond’s Robins School of Business received an anonymous $10 million gift from an alumnus to establish an endowed scholarship fund, the school reported Thursday. The alumnus studied accounting and finance at UR and stocked groceries to fund his tuition and other expenses, the school said. “Access and affo[...]
Dominion announces $14B sale of three natural gas companies
Richmond-based Fortune 500 utility Dominion Energy is selling its three natural gas distribution companies to Canadian pipeline and energy company Enbridge Inc. in a $14 billion deal announced Tuesday afternoon. Enbridge on Tuesday announced that the sale creates the largest natural gas utility franchise in North America. The co[...]
Cushman & Wakefield | Thalhimer hire Richmond VP
Brian Felton has joined Cushman & Wakefield | Thalhimer’s Richmond office as a first vice president focused on industrial sales and leasing, the real estate firm announced Tuesday. Felton was previously a senior leasing manager with San Francisco-based Prologis, where he oversaw a 3.6 million-square-foot portfolio of indus[...]
Richmond casino reintroduced with new name
The corporate backers of a $562 million Richmond casino on Thursday unveiled a new name for the resort casino city voters will consider approving this fall: Richmond Grand Resort & Casino. But not much else appears to be new about the proposed project. Many of the features of the proposed ONE Casino + Resort that […]
Albemarle seeks to expand region’s defense sector
It’s no secret: Albemarle County is banking on the $58 million purchase of 462 acres around a military spy outpost to anchor the region’s defense community. On May 24, the county Board of Supervisors approved a contract to acquire the undeveloped and former farmland tract along along Route 29 adjacent to Rivanna Station — [...]
Son’s cancer fight inspires startup
The sight of Neal Piper’s then-3-year-old son, Noah, stuck on the couch all day, tethered to an IV pole with a feeding tube after the boy’s cancer diagnosis in 2019 put his father on a new mission. Piper, who had 15 years of experience in commercializing health care products, including 10 years in sales, marketing […]
KPMG names Richmond office managing partner
Wendy Lewis was promoted to managing partner of KPMG LLP’s Richmond office on Aug. 1, overseeing more than 235 employees based there, the New York-based professional services firm announced Wednesday. Lewis, also a partner in KPMG’s audit practice, succeeds Paul Croston, who will retire on Sept. 30 after 33 years with the fi[...]
Richmond airport sets new travel record
Just two months after shattering its monthly passenger record, Richmond International Airport has done it again. The Capital Region Airport Commission on Wednesday announced that the airport counted 439,951 passengers for July, soaring past a record set in May when the airport counted 431,416 passengers. By comparison, the airport counted 386,931 passengers in July 2019. […]
Central Va. Transportation Authority names first leader
Chet Parsons will serve as the Central Virginia Transportation Authority’s first executive director, the organization announced Thursday. Parsons has served as director of transportation for PlanRVA, also known as the Richmond Regional Planning District Commission, since 2019. CVTA finances transportation projects across t[...]
