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Hanover Harley Davidson building sells for $2.9M
A Hanover property that will become the new Peebles Golf Cars headquarters sold for $2.9 million, Colliers | Virginia announced Monday. Located at 10441 Washington Highway, the facility sits on 5.3 acres. Peebles Golf Cars will move its headquarters from Glen Allen to the 31,815-square-foot property. Old Washington Highway LLC b[...]
Capital Square buys Chesterfield apartment complex for $86M
Henrico County-based Capital Square 1031 purchased the Livingston Apartment Flats in Chesterfield County from Cosby Village Residences LLC for $86 million earlier this month. Whitson Huffman, Capital Square’s chief strategy and investment officer, noted that Chesterfield’s population grew 11% between 2010 and 2019 an[...]
Piedmont Virginia Community College president to retire
Frank Friedman, the president of Piedmont Virginia Community College, will retire in May 2022, the school announced this week. Friedman, the Albemarle County college’s fifth president, has been at the top since 1999. Virginia Community College System Chancellor Glenn DuBois and the PVCC board will conduct a national search[...]
Virginia Health Information CEO to retire
Michael T. Lundberg, the founding CEO of Virginia Health Information, has announced his retirement at the end of October. Lundberg, whose last day is Oct. 31, has been with Richmond-based nonprofit health care data organization since its founding in 1993 and led VHI from a $300,000-per-year organization to one anticipating more [...]
ASGN sells Oxford Global Resources for $525M
Glen Allen-based ASGN Inc. has sold its Oxford Global Resources LLC subsidiary to an affiliate of Miami-based private equity firm H.I.G. Capital for a total cash consideration of $525 million, ASGN announced Wednesday. Based in Massachusetts, Oxford is a staffing and consulting company with offices across North America. ASGN retained Sullivan & Cromwell LLP as […]
Danville Pittsylvania chamber leader leaving for U.Va. job
Alexis Ehrhardt, president and CEO of the Danville Pittsylvania County Chamber of Commerce, will leave for a job at the University of Virginia, the chamber announced Wednesday. In her new role at U.Va., she will be the executive director for state government relations and special assistant to the president. Her last day at the c[...]
Scott’s Addition property sells for $10.8M in Richmond
A 53,392-square-foot mixed-use property in Richmond has sold for $10.8 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Friday. The 1.81-acre plot was sold by an entity co-managed by Richmond-based Fountainhead Development and Lynx Ventures. The building, on 1300 MacTavish Ave. in the Scott[...]
Powhatan shopping center sold for $4.3M
The Maxey Center, a shopping center in Powhatan County, has sold for $4.325 million, S.L. Nusbaum Realty Co. announced Friday. Ruffin Mill LLC, a local investor, purchased the property at 3452 Anderson Highway. The 17,235-square-foot, fully leased shopping center includes tenants Powhatan Medical Associates, Edward Jones, Angela[...]
Richmond casino referendum gets court’s OK for ballot
The Richmond Circuit Court approved the Richmond City Council’s petition Tuesday to place a referendum on the November ballot for city voters to weigh in on the Urban One Inc.-backed ONE Casino + Resort project. It‘s the next step in a process that started early this year with the city’s request for proposals f[...]
VCU Health raises minimum wage to $15
Virginia Commonwealth University Health System is raising its minimum wage to $15 per hour in September, the Richmond-based health care system announced Tuesday. The roughly 1,700 employees and contract workers affected provide food and nutrition services, environmental services, valet services and other services to patients and[...]
ASGN Inc. acquires Fairfax consulting firm
Richmond-based ASGN Inc., a Fortune 1000 provider of IT and professional services, acquired Fairfax-based Enterprise Resource Performance Inc., a health care consulting and data analytics firm that delivers federal healthcare transformation services, ASGN announced Thursday. ERPi’s 250 consultants will become part of ECS, ASGN’s Fairfax-based federal contracting subsidiary. ERPi was founded in 2001 and provides […][...]
McGuireWoods promotes Herring to Richmond office managing partner
Former Richmond Commonwealth’s Attorney Michael Herring has been appointed managing partner of McGuireWoods’ Richmond office, the law firm announced Monday. After 13 years as Richmond commonwealth’s attorney, Herring resigned in 2019 to accept a position as a partner at McGuireWoods. Herring specializes in comm[...]
