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Hunton Andrews Kurth adds government relations execs
Richmond law firm Hunton Andrews Kurth LLP has added two members to its Virginia government relations team, the firm announced last week. Elizabeth Rafferty and Adisa Muse, both based in Richmond, will serve as directors of government affairs for the firm’s full-service public affairs and strategies consultancy, which focu[...]
Breeden to develop $27M mixed-use project near RVA’s Diamond
Virginia Beach-based The Breeden Co. intends to build a $27 million mixed-use development, Duplex Station on Hermitage, on the former Cobb Lumber site near Richmond‘s Scott’s Addition neighborhood and less than a mile from The Diamond ballpark, the company announced Monday. Located at 2300 Hermitage Road, the project[...]
Va. Catalyst awards $1.9 million in grants
The Virginia Catalyst, also known as the Virginia Biosciences Health Research Corp., has awarded $1.9 million in grants to three life and bioscience projects, it announced Thursday. Partner companies will meet the grants with matching funds. “We are excited to continue our mission of supporting collaborations and fostering economic growth in Virginia’s life sciences, enabling […]
Hampden-Sydney College receives three donations totaling $12.25M
Hampden-Sydney College has received donations of $11 million, $1 million and $250,000 in support of its science programs and science center under construction, the college announced Thursday. “While the college has emphasized the sciences since its founding, the need for a state-of-the-art science facility and for all Hampden-Sydney students to graduate with a high degree […]
Recent real estate deals around Virginia
Cushman & Wakefield | Thalhimer represented the seller, LNR Property, in the $2 million sale of part of 260 Boush Street, a multiuse commercial and residential building in downtown Norfolk. Tidewater Community College is the purchaser of the 37,065-square-foot commercial space on the first floor, plus 99 parking spaces on the second floor of the […]
Charlottesville doctor elected president of Medical Society of Va.
A Charlottesville ophthalmologist has been elected president of the Medical Society of Virginia, the organization announced Wednesday. Dr. Mohit Nanda, a board-certified ophthalmologist affiliated with Virginia Retina Consultants, has more than 20 years of experience. He will lead the group, which represents more than 30,000 physicians, physicians-in-training, physicians’ assistants and medical students. Nanda was elected [&hellip[...]
Richmond apartment building sells for $27M
A 157-unit apartment building in Richmond sold for $27.25 million, Minneapolis, Minnesota-based real estate broker NorthMarq announced Wednesday. Located at 308 N. Nansemond St., the three-story property known as The Gallery Midtown was built in 1938. The previous seller, Richmond-based Spy Rock Real Estate Group, renovated the [...]
Program aims to boost Latino entrepreneurship
Arlene Guzman had a small restaurant in Puerto Rico, but “I never felt like I had the training” to be an entrepreneur, she says through a bilingual interpreter. “This is why I sought this opportunity.” A mother of two and grandmother of two, the 52-year-old Richmond-area resident is in the inaugural class of RichmondR[...]
Altria names two new board members
Henrico County-based Altria Group Inc. announced the elections of two board members Wednesday and its third quarter earnings Thursday. Marjorie M. Connelly and R. Matt Davis joined Altria’s board of directors. “Both Marge and Matt bring a tremendous amount of senior-level public company experience,” Altria Board Chair [...]
Downtown Richmond Marriott gets new GM
The downtown Richmond Marriott has a new general manager. Lars Friedriszik has been named general manager of the 410-room hotel, which is managed by White Lodging and owned by Apple Hospitality REIT Inc. Friedriszik was previously the assistant general manager at the hotel in 2018, but left to serve in other management roles at [...]
Petersburg retail centers sell for $10.25M
Two neighborhood retail centers in Petersburg sold for $10.25 million on Oct. 15. The two properties total 192,510 square feet and occupy 24.9 acres. Located at 3330 S. Crater Road, South Crater Square is 82.7% leased and anchored by Rose’s, with Walmart Supercenter as a shadow anchor. Pinehill Plaza, located across the st[...]
‘Frenzied’ housing market is normalizing
The residential real estate market frenzy in Virginia may be slowing to more normal conditions, the chief economist with Virginia Realtors said in a new report out this week. For the first time in more than a year, sales activity slowed in September, compared with a year ago. Last month, there were 13,079 home sales […]
