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Inova Fairfax Hospital ranks No. 1 in Va. for fourth year
For the fourth consecutive year, Inova Fairfax Hospital in Falls Church has taken the No. 1 spot in Virginia on the U.S. News and World Report’s annual list of the best hospitals in the nation, released Tuesday. The Inova Health System hospital also ranked first in the Washington, D.C., metro area for the fourth straight [&h[...]
Chesterfield County facility sells for $9.3M
An entity associated with Barefoot Spas, a hot tub and swim spa manufacturer, sold a five-acre property in Chesterfield County to an entity associated with Maguire Hayden Real Estate Company, a Pennsylvania commercial real estate investment firm, on July 1 for $9.3 million, Cushman & Wakefield | Thalhimer Capital Markets Gro[...]
Owens & Minor leases new HQ in Henrico
Henrico County is getting a fifth Fortune 500 company. Global health care logistics and supply company Owens & Minor is moving from Hanover County to a new headquarters in Henrico’s Innsbrook Corporate Center. The company is leasing the fourth floor of the Highwoods One building at 10900 Nuckols Road, according to Will B[...]
Breeden promotes multifamily Richmond region director
The Breeden Co. has promoted Lindsay McMurrough to multifamily regional director of the Richmond market within the Virginia Beach-based real estate company’s residential property management division. McMurrough was previously a community manager. In her new role, she will oversee strategic direction of Breeden’s multifamily [...]
Dominion Energy issues RFP for small modular reactor at North Anna
At an event with Virginia Gov. Glenn Youngkin and other state officials at its North Anna nuclear power plant in Louisa County, Dominion Energy announced plans Wednesday to potentially develop a small modular reactor (SMR) at North Anna. Dominion officials said they were issuing a request for proposals for the SMR from nuclear t[...]
Briggman leaving post as CEO of Activation Capital
Chandra Briggman is leaving her position as president and CEO of Activation Capital, the Richmond tech incubator announced Monday. Her last day is Friday. Briggman joined Activation Capital, an accelerator arm of the Virginia Biotechnology Research Partnership Authority, in May 2020; the organization includes a biotech park, sta[...]
Richmond switches up stadium funding plan
UPDATED JULY 16 Richmond City Council this spring pitched a bit of a curveball on financing of the city’s new baseball stadium. On May 8, councilors approved a plan that they say would save the city money and get the replacement stadium — part of the proposed Diamond District — completed in time to meet […]
State delays choosing Shenandoah medical marijuana provider
At its June 26 meeting, the Virginia Cannabis Control Authority was expected to announce which company, among 40 applicants, had been selected from a highly competitive process to become the sole licensed pharmaceutical processor of medical cannabis for a region including the entire Shenandoah Valley, as well as the cities of Ch[...]
Chesterfield County industrial properties sell for $9.85M
An industrial warehouse and about 11.6 adjoining acres in Chesterfield County were sold for $9.85 million, Cushman & Wakefield | Thalhimer announced earlier in June. According to county property records, 2001 Bellwood Road LLC purchased an 85,549-square-foot warehouse at 2001 and 1911 Bellwood Road and an additional 11.6 acr[...]
Barkin: Still a waiting game for interest rates’ effect on inflation
The U.S. economy has yet to feel the effects of current interest rates, but it eventually will, Federal Reserve Bank of Richmond President and CEO Tom Barkin predicted Thursday during an event held by the Risk Management Association’s Richmond chapter in the city’s East End. “I’m optimistic that we’ve gotten rates [...]
Condair invests $57.2M on new Chesterfield County plant
Switzerland-based Condair Group, a manufacturer of commercial and industrial humidification systems, will invest $57.2 million to establish a new production facility in Chesterfield County that is expected to create 180 jobs, Gov. Glenn Youngkin announced Tuesday. The company will convert a pre-existing warehouse facility on 1[...]
Retro Hospitality adds three hotels to portfolio
Richmond-based boutique hotel advisory and management firm Retro Hospitality has added three Virginia hotels to its portfolio, the firm announced Wednesday. The company now operates The Bee and The Holbrook Hotel in Danville and The Lofts at Downtown Salem in Salem. Other hotels in its portfolio include the Blackburn Inn and Con[...]
