Richmond airport CEO to chair national board
Perry J. Miller, president and CEO of the Capital Region Airport Commission, which includes Richmond International Airport, has been elected 2023-24 chair of the American Association of Airport Executives, the world’s largest professional organization representing individuals who work at public-use commercial and general a[...]
Activation Capital plans $53M innovation center in Richmond
Activation Capital, a Richmond-based innovation incubator, will redevelop a 102,000-square-foot innovation center in the Bio+Tech Park in downtown Richmond, Cushman & Wakefield | Thalhimer and Activation Capital announced Friday. The 34-acre park, at Eighth and E. Leigh streets, is a commercial life sciences hub adjacent to [...]
36 Va. companies make 2023 Fortune 1000 list
Thirty-six Virginia-based companies made Fortune magazine’s 69th annual Fortune 1000 list, notably including newcomers to the commonwealth Raytheon Technologies Corp. and Boeing Co. as Virginia’s second and third highest-ranking companies. Freddie Mac remained Virginia’s top-ranked company, at No. 45, and 24 Virginia companies made this year’s elite Fortune 500 list. Released Monday, the Fortune 1000 […][...]
Former Henrico bank branch sells for $1.6M
A former Atlantic Union Bank branch in Henrico County has sold for $1.6 million. 8209 W Broad Street LLC, which is registered to an address in Chesterfield County, purchased the 3,579-square-foot former bank office on approximately .58 acres from Atlantic Union Bank. The property is located at 8209 W Broad St. Will McGoogan of C[...]
Chesterfield shopping center sells for $4.92M
A Chesterfield County shopping center anchored by a Food Lion has sold for $4.92 million. Cushman & Wakefield | Thalhimer’s Capital Markets Group represented seller 360 Associates LLC in the sale of Deer Run Village, which also features seven small shop tenants, located at 13947 and 13941 Raised Antler Circle in Chesterfie[...]
Richmond City Council approves Diamond District
Richmond City Council voted unanimously May 8 to approve the $2.44 billion Diamond District project, which includes a replacement for the aging stadium that’s home to the Double-A Richmond Flying Squirrels baseball team. The Diamond District’s first phase, expected to cost $627.6 million, includes a 9,000-capacity, $90 milli[...]
Charlottesville regional chamber names prez and CEO
Natalie S. Masri will assume the role of president and CEO of the Charlottesville Regional Chamber of Commerce on June 1, the chamber announced Tuesday. She succeeds Andrea Copeland, who has served as the chamber’s interim president since February and will become the chamber’s chief operating officer. Masri most recently fou[...]
VPAP names new director
Chris Piper, former commissioner of the Virginia Department of Elections under Gov. Ralph Northam, will be the next director of the Virginia Public Access Project (VPAP) after founder David Poole retires on June 30, the organization announced. Founded in 1997, VPAP started as a joint effort by the state’s five largest news[...]
VCU names new engineering dean
Azim Eskandarian, a Virginia Tech mechanical engineering professor and department head, has been named the next dean of the Virginia Commonwealth University College of Engineering, VCU announced Tuesday. Eskandarian, whose appointment takes effect Aug. 1, will also serve as the William H. Goodwin Jr. Endowed Chair of the enginee[...]
Forvis names new Va. managing partner
Forvis has named Jennifer Wold as managing partner of its Virginia practice unit, the accounting firm announced Monday. Wold’s role becomes effective June 1. She succeeds Tom Hazelwood, who has served as managing partner for the past year. Wold will oversee offices in Richmond, where she will be based, and in Norfolk. She [...]
Richmond loft apartment community sells for $14.8M
A 70-unit apartment community in Richmond’s Manchester neighborhood sold for $14.8 million May 12. Putnam Mill LLC, an entity connected to First Priority Management of Washington, D.C., purchased The Mill at Manchester Lofts, a former paper mill and warehouse that now consists of studio, one-, two-, and three-bedroom loft [...]
Markel to change name
Glen Allen Fortune 500 insurance and investment firm Markel Corp. will change its name to Markel Group Inc. on May 26, the firm announced Tuesday. The change is to “provide greater definition around the nature of [the] holding company, which includes three engines of insurance, investments and a group of diverse businesses in Markel Ventures,” […]