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Two Henrico County buildings sell for $12.35M
Two commercial buildings in Henrico County were sold to Maryland-based Feldman Bergin Properties, Colliers International announced last week. According to county property records, Deep Run Business Centre I and II sold for $12.35 million. The 88,118-square-foot, two-building portfolio at 3955-3991 Deep Rock Road is 100% occupied[...]
CarLotz expanding HQ in Richmond, adding 192 jobs
CarLotz, the nation’s largest consignment-to-retail used vehicle business, plans to expand its headquarters in the city of Richmond, creating 192 jobs, Gov. Ralph Northam announced Friday. To accommodate recent growth, the company will relocate from the city’s Manchester neighborhood to Scott’s Addition. CarLot[...]
U.Va. names new medical school dean
The University of Virginia has named Dr. Melina R. Kibbe the next dean of its medical school and chief health affairs officer for UVA Health, the university announced in a news release Wednesday. Kibbe, who starts her new position Sept. 15, is the Colin G. Thomas Jr. Distinguished Professor and chair of the Department of [&helli[...]
Indie movie starring Jon Heder to film in Central Va. this summer
“Tapawingo,” an indie feature film starring Jon Heder and Billy Zane, will film in Hopewell, Petersburg and Richmond this summer, Gov. Ralph Northam announced June 4. Directed by Dylan K. Narang, it’s described as a coming-of-age comedy centered on “a listless oddball who becomes the unlikely bodyguard for a misfit t[...]
Charlottesville property sold for $1.35 million
A Charlottesville warehouse and office building sold for $1.35 million, Cushman & Wakefield | Thalhimer announced last week. Lobban Place LLC purchased two acres of industrial-zoned land at 3325 Lobban Place, which includes a 7,080-square-foot building, from Sea Grove LLC. The purchaser plans to occupy the property, but other details were not disclosed. Reilly Marchant […]
Petersburg sues to demolish old Ramada
The city of Petersburg filed a lawsuit Friday against the company owned by developer and former NFL player Chris Harrison, who promised in 2015 to replace the city’s shuttered and dilapidated Ramada Inn with a brand-new hotel, 100 apartment units and retail space. Six years later, redevelopment has not taken place. In Frid[...]
W.Va.-based United Bankshares to acquire Essex Bank for $303M
Henrico County-based Community Bankers Trust Corp., the parent company of Essex Bank, has entered into a $303.3 million deal to be acquired by Charleston, West Virginia-based United Bankshares Inc., United Bank’s parent. After the companies announced the agreement Thursday, Community Bankers Trust’s stock rose 29.78% as of mid-afternoon to $11.94 per share and United Bankshares’ […][...]
39 Virginia companies make 2021 Fortune 1000 list
Thirty-nine Virginia-based companies made Fortune magazine’s 67th annual Fortune 1000 list, which was released Wednesday. The list ranks the 1,000 largest United States corporations by total revenue. Twenty-two companies made the elite Fortune 500 list, including Fortune 500 newcomer CACI International Inc., which was ranked at No. 473 this year. It was ranked No. 549 […]
Petersburg grows pharma manufacturing hub
A cluster of recent investments by pharmaceutical companies in Petersburg could set the city up to rebuild its manufacturing sector as a major player in U.S. efforts to create and secure a domestic supply chain for producing essential medicines at risk of shortages. The development centers around the AMPAC Fine Chemicals plant[...]
Goddard retiring next year as ChildFund president, CEO
Anne Lynam Goddard plans to retire next year as president and CEO of Richmond-based global nonprofit ChildFund International, the organization announced Thursday. Goddard’s departure in May 2022 will come after 15 years at the helm of the 83-year-old organization, during which its name changed from Christian Children’[...]
UVA Health names new chief external affairs officer
UVA Health has hired Inova Health Systems executive Jennifer W. Siciliano as its new chief external affairs officer, starting Aug. 11. In her new role, Siciliano will build relationships with elected officials and their staff members at local, state and federal levels. “I am excited to join one of the nation’s leading ac[...]
California manufacturer opening $9.1M facility in Fluvanna
Stewart Tool Co. Inc., a California-based prototype-to-production manufacturer, will invest $9.1 million to establish its first East Coast manufacturing operation in Fluvanna County, creating 22 jobs. The company plans to renovate the former Kloeckner Metals facility in Fluvanna’s Troy area. “We were looking for a location close to the East Coast operations of our major […]
