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Central Virginia

Mar 25, 2022

Chesterfield medical office building sells for $12M

A medical office building in Chesterfield County sold for $12.25 million, Cushman & Wakefield | Thalhimer announced March 23. Located at 7300 Ashlake Parkway, the 27,606-square-foot property is 100% leased to four tenants: Vital Care Family Practice, LabCorp, James River Cardiology and Absolute Dermatology & Skin Cancer [...]

Mar 25, 2022

Bermuda insurer to establish U.S. HQ in Henrico

Bermuda-based Hamilton Insurance Group Ltd. will invest at least $415,000 to establish the U.S. headquarters of its subsidiary in Henrico County, a project estimated to create more than 70 jobs, Gov. Glenn Youngkin announced Friday. Hamilton’s wholly owned subsidiary, Hamilton Select Insurance Inc., is a commercial insurer tha[...]

Mar 24, 2022

Richmond, Capital One offering restaurant 101 seminar

The city of Richmond’s Office of Minority Business Development, in partnership with Capital One, will offer a free information session for current and prospective restaurant owners in April, covering topics such as setting menu prices, meeting city requirements and creating improvement plans. Award-winning Richmond chef, r[...]

Mar 24, 2022

Hilb Group acquires N.J. risk management firm

Henrico County-based insurance company The Hilb Group LLC announced Thursday that it has acquired New Jersey-based E.B. Cohen Insurance and Risk Management. Financial terms of the transaction were not disclosed. “E.B. Cohen aligns perfectly with our strategy for growing among industry leaders — bringing a terrific histor[...]

Mar 23, 2022

Henrico-based TemperPack receives $140M in financing

TemperPack Technologies has received $140 million in new equity financing, the Henrico-based manufacturer announced Tuesday. The company manufactures ClimaCell thermal liners, a recyclable, nontoxic alternative to expanded polystyrene and Styrofoam,  used to ship food, pharmaceutical and other products which help to reduce waste and carbon emissions. TemperPack produces millions of ClimaCell box liners monthly from […][...]

Mar 23, 2022

RIR president to head Henrico sports/entertainment authority

Henrico County officials on Wednesday named longtime Richmond Raceway President Dennis Bickmeier to lead its new sports and entertainment authority. Bickmeier’s last day with the raceway, where he has led for more than a decade, is April 15. He will begin working in his new role on April 18. “With Dennis Bickmeier serving a[...]

Mar 23, 2022

Richmond pares down Diamond District developer pool

Story updated, March 24 at 11:45 a.m. The city of Richmond announced Wednesday that six competing development teams have been chosen out of 15 applicants to continue in the competition to redevelop the Diamond District area near the Richmond Flying Squirrels’ stadium. The city requested applications late last year for the [...]

Mar 22, 2022

Cameron Foundation president to retire

The Cameron Foundation’s president, J. Todd Graham, will retire Dec. 31, the Petersburg foundation announced Monday. Graham has served as the foundation’s president since fall 2012. Under his leadership, the foundation has supported projects that have established school-based health clinics in Petersburg and Hopewell high sc[...]

Mar 21, 2022

Carilion Clinic, Richmond firm part of $3.5M concussion grant

Roanoke-based Carilion Clinic and Richmond’s BRAINBox Solutions Inc. are part of a $3.5 million National Institutes of Health grant to research and develop a new way to diagnose brain injuries in the elderly. The research will include enrolling 300 patients with head trauma and 70 patients as controls. Patients will be followed for a year […]

Mar 21, 2022

Bank of America grants VUU $1M

Bank of America granted Virginia Union University $1 million for its new banking and financial services workforce development program, the university announced Monday. VUU’s Sydney Lewis School of Business will lead the program, called MORE for My Opportunity is Real Essential, in partnership with the university’s workforce development division and its Evelyn Reid Syphax School […]

Mar 21, 2022

Capital Square promotes James Brunger to CSO

Henrico-based real estate firm Capital Square has promoted James Brunger to chief sales officer, the firm announced March 17. Brunger joined the firm in 2019 as executive vice president and national sales manager. Under his leadership, Capital Square launched 49 investment programs that have raised more than $1.2 billion in equi[...]

Mar 18, 2022

HOME of Virginia announces next president and CEO

Richmond-based nonprofit Housing Opportunities Made Equal (HOME) of Virginia Inc. announced that Thomas Okuda Fitzpatrick will serve as its next president and CEO starting April 6. “I am profoundly honored to have been selected to lead this storied organization, and I look forward to continuing in the proud tradition of aggres[...]

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