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Central Virginia

Apr 13, 2022

Capital Square names CFO

Henrico-based real estate investment company Capital Square has named Donna Sperounis as its chief financial officer, the company announced Wednesday. Sperounis has 22 years of real estate experience and joins Capital Square from Dakota Partners, where she was chief financial officer and chief operating officer. While there, she increased cashflow by 50%, maximized tax incentives […]

Apr 12, 2022

Pinnacle Living hires VP of sales and marketing

Pinnacle Living has added Laura Jones to its leadership team as vice president of sales and marketing, the company announced Monday. The Henrico-based not-for-profit has five senior living communities throughout Virginia. Jones started on March 31 and oversees sales, marketing, branding, advertising and public relations strategi[...]

Apr 11, 2022

Focused Ultrasound Foundation names 2 managing directors

The Charlottesville-based Focused Ultrasound Foundation has added two new managing directors. Eliza Vellines Phillips was named last week by the foundation as its new managing director of development, and Rick Hamilton, an inventor who holds more than 1,000 patents, joined as its managing director and chief technology officer. P[...]

Apr 11, 2022

Henrico shopping center sells for $13M

Gold’s Gym Plaza in Henrico County has sold for $13 million. The 124,275-square-foot shopping center at 8900 W. Broad St. has five buildings of retail and is 100% leased. Anchors Regal Cinemas and Gold’s Gym have occupied space at the property for 40 and 19 years, respectively. Charlottesville-based Seminole Trail Annex LLC bought the property […]

Apr 11, 2022

Bon Secours medical center in Chesterfield County to expand

Bon Secours St. Francis Medical Center in Chesterfield County, near Midlothian, will undergo a $108 million renovation and expansion and Skanska USA will do the work on it. The construction will include renovations to existing spaces and adding two floors above the existing surgical department on the second floor, according to S[...]

Apr 5, 2022

Midlothian lighting company promotes exec to CFO

Midlothian-based lighting and home decor company Shades of Light promoted Sean Acton to chief financial officer on Thursday. Acton was the company’s controller for about two years, and he will continue to oversee the accounting team until the company hires an accounting manager. Acton will take on oversight of the purchasing, [...]

Apr 4, 2022

Hunton Andrews Kurth promotes execs

Virginia’s second-largest law firm, Richmond-based Hunton Andrews Kurth LLP, has named a new executive committee chair, the firm announced Monday. Randall S. Parks will succeed George C. Howell III as the chair of the firm’s executive committee. Parks joined the firm (then Hunton & Williams LLP) in 1988. Howell s[...]

JB Holston. Photo courtesy The Greater Washington Partnership
Mar 31, 2022

Greater Washington Partnership CEO steps down

Greater Washington Partnership CEO JB Holston has left the organization he has led since September 2020. Holston’s last day was Thursday, Nina Sharma, a partnership spokesperson confirmed to Virginia Business. It comes one day after the alliance of business and community leaders from Baltimore through Richmond announced a [...]

The 82.5-acre Richmond site where Bally’s Corp. had proposed building a casino is being marketed with a larger adjacent property in Chesterfield County. Photo courtesy S.L. Nusbaum Realty Co.
Mar 30, 2022

Richmond casino sites are up for grabs

With a future casino at least temporarily off the table in Richmond, two of the three land parcels that hopeful developers had been eyeing as future casino sites are back on the market, while the third will remain a movie theater. In spring 2021, city officials selected Urban One Inc.’s proposal to build a $565 […]

Mar 29, 2022

Hilton Richmond Downtown completes multimillion-dollar renovation

Hilton Richmond Downtown’s multimillion-dollar renovation is complete, New Orleans-based management company HRI Lodging LLC announced March 24. The renovation includes a new lobby bar and lounge and hybrid meeting space, as well as updating the fitness center, indoor pool and guest room bathrooms. The 250-room Hilton Richmond [...]

Mar 29, 2022

Owens & Minor acquires home health care company for $1.6B

Mechanicsville-based Fortune 500 health care logistics company Owens & Minor Inc. announced Tuesday that it had closed its acquisition of Indianapolis-based Apria Inc. for a cash consideration of $1.6 billion. Owens & Minor funded the purchase with a combination of debt and cash on hand. The company is combining Apria an[...]

Mar 28, 2022

VCU Health names first COO

Virginia Commonwealth University’s inaugural chief operations officer is Michael Elliot, effective May 15, the system announced Monday. “Operational excellence matters because it allows us to expand services into more communities,” Elliott said in a statement. “VCU Health is continuing an exciting journey of growth, and [...]

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