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Central Virginia

Jan 5, 2022

Deloitte names first female Central Va. marketplace leader

Deloitte named Alison Rogish its new Central Virginia marketplace leader Wednesday, the first woman to hold the role. “It’s an honor to have been asked to serve as marketplace leader for Deloitte’s Central Virginia practice,” Rogish said in a statement. “I look forward to using my knowledge and experience to build on o[...]

Jan 4, 2022

ASGN promotes Rand Blazer to president

Henrico County-based ASGN Inc. has promoted Rand Blazer, president of Glen Allen-based ASGN subsidiary Apex Systems LLC, to president of ASGN. At the same time, ASGN promoted three other executives as presidents of its subsidiaries, the Fortune 1000 provider of IT and professional staffing services announced Monday. A former U.S[...]

Jan 3, 2022

Richmond seeks developers for Diamond District

The city of Richmond issued a request for interest on Dec. 28, 2021, seeking developers for the 66.7-acre Diamond baseball stadium property it has dubbed the Diamond District. The city plans to demolish the stadium and construct a new multipurpose one that the Richmond Flying Squirrels will share with Virginia Commonwealth Unive[...]

Dominion Energy plans to build an energy storage facility in Chesterfield similar to the one in this rendering. Rendering courtesy East Point Energy
Dec 31, 2021

Dominion plans energy storage facility for Chesterfield

One of the state’s largest energy storage facilities is on track to open in Chesterfield County this year, as Dominion Energy Inc. works to achieve state-mandated clean energy goals. The Dry Bridge Energy Storage project will feature row after row of installations that resemble shipping containers, each housing batteries that [...]

Dec 30, 2021

Innsbrook office buildings sold for $20.8M

Virginia Beach-based The Runnymede Corp. has purchased the Waterfront Plaza office portfolio at Innsbrook Corporate Park in Henrico County for $20.8 million from Raleigh, North Carolina-based Highwoods Properties, Cushman & Wakefield | Thalhimer announced Wednesday. The portfolio consists of two buildings: the 58,366-square[...]

Dec 29, 2021

Richmond warehouse sells for $7.5M

SR Westwood Avenue LLC has purchased 129,800 square feet of warehouse space on 4.76 acres of land at 2031 Westwood Ave. in Richmond from Westwood Development Group LLC for $7.5 million, Commonwealth Commercial Partners LLC announced Wednesday. Ben Bruni and Ryan Fanelli of Commonwealth Commercial Partners represented the buyer. [...]

Dec 29, 2021

7-Eleven portfolio sells for $19.7M

A portfolio of seven 7-Eleven Inc. gas and convenience locations around the commonwealth have been sold to affiliates of Hermosa Beach-based Equitas Investments LLC for $19.7 million, Cushman & Wakefield | Thalhimer announced Monday. The deal closed on Dec. 22 and includes seven freestanding, corporately leased 7-Eleven stor[...]

Dec 29, 2021

Two Lynchburg apartment complexes sell for $7M

Two Lynchburg apartment communities have sold for $7 million, Cushman & Wakefield | Thalhimer announced Wednesday. Deal Properties sold Bramblewood Apartments, with 71 units, and Craigmont Manor, with 24 units, to BWCM Apartments LLC. BWCM plans to upgrade the properties. Clay Taylor of Cushman & Wakefield | Thalhimer[...]

Dec 28, 2021

Capital Square 1031 acquires Powhatan apartments

Henrico-based Capital Square 1031 purchased the Artistry at Winterfield, a 200-unit apartment community in Powhatan County, just over the Chesterfield County line in Midlothian, the company announced Dec. 23. The acquisition was on behalf of CS1031 Artistry at Winterfield Apartments DST, which is raising $35.2 million in equity from accredited investors. The purchase price was […]

Dec 28, 2021

Chester distribution facility sells for $17.7M

The Old Stage Distribution Center in Chesterfield County sold for $17.7 million, Cushman & Wakefield | Thalhimer announced Tuesday. LNR Partners sold the 375,000-square-foot building, which sits on 33 acres, to New York-based Diamond Acquisitions. The distribution center is at 11200-11300 Old Stage Road in Chester, near Inte[...]

Dec 28, 2021

Charlottesville land sells for $3.5M

Charlottesville-based Riverbend Development purchased 1.15 acres of land in Charlottesville for $3.5 million, with plans for retail development, Cushman & Wakefield | Thalhimer announced Tuesday. Located at 1150 5th St. at the former site of a Hardees restaurant, the property was sold by Rocky Mount, North Carolina-based Boddie-Noell Enterprises Inc., which owns and operates more […]

Dec 23, 2021

Construction starts on $100M industrial center in Hanover

Construction started Dec. 9 on the $100 million, 1.1-million-square-foot East Coast Commerce Center in Hanover County. The speculative industrial project is slated for completion in mid-summer 2022. The 129-acre center will have 120 truck docks, 540 trailer parks, 8-foot floor slabs, a 2:1 parking ratio and more than 35 surplus [...]

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