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Commonwealth Commercial Partners announces promotion, hires
Richmond-based commercial real estate firm Commonwealth Commercial Partners has announced one promotion and two new hires. Thomas Hatcher has been promoted to managing director of asset management; Hunter Huber has been hired as managing director of Virginia; and F. Gresham “Gresh” Wall III has been hired as managing directo[...]
Charlottesville chamber names new chairman, board members
The Charlottesville Regional Chamber of Commerce has named Guy Browning as chairman of its board of directors for 2021. Browning is the senior vice president of fulfillment for MacMillan Publisher Services (MPS) and will serve a one-year term as board chairman. He had planned to serve as vice chairman this year, but moved into[...]
CoStar Group expands presence in Richmond
Commercial real estate information and analytics company CoStar Group Inc. announced Tuesday it has subleased an additional 51,000-square-foot office space in Richmond. More than 200 staff members are expected to be based on the ninth, 10th and 11th floors of the Riverfront Plaza East Tower at 951 East Byrd Street, less than a[...]
Lynchburg software firm names federal biz VP
Lynchburg-based CloudFit Software LLC in February hired Tom Sampson as its vice president for federal and regulated industries. Sampson previously served as the chief information officer of the U.S. Navy’s F-35 Joint Program Office (JPO). He has 22 years of leadership experience in Navy active and reserve service and 15 [...]
The Hilb Group acquires Medicare-focused firm
Henrico County-based insurance company The Hilb Group LLC announced Tuesday it has acquired West Greenwich, Rhode Island-based Compass Planners (CP). Financial terms of the transaction were not disclosed. Led by Jim Soucy, CP is an insurance company that specializes in Medicare Advantage. Soucy and his three colleagues will join THG’s Cranston, Rhode Island office. Soucy […]
Baltimore company acquires Richmond architecture firm
Baltimore-based MCA Architecture announced Tuesday it has acquired KOP Architects of Richmond. Financial terms of the transaction were not disclosed. MCA already has offices in Pennsylvania, Maryland and Virginia. It will close its current Reston location and consolidate the two Virginia offices in Richmond. MCA will gain clients including Virginia Commonwealth University, VCU Health, the […][...]
HCA Healthcare Capital Division names senior VP
Richmond-based HCA Healthcare Capital Division announced Monday it has promoted Shaila Menees as its senior vice president of strategy and business development, effective March 22. Menees for the past six years has served as HCA Healthcare’s associate vice president of cardiac and vascular service lines in Nashville, Tenne[...]
Richmond convenience store operator to acquire 61 locations in Mich., Ohio
Richmond-based convenience stores owner and operator GPM Investments LLC announced Monday it has signed an agreement to acquire 61 ExpressStop convenience stores with gas stations in Michigan and Ohio. Financial terms of the transaction were not disclosed. The acquisition will add to GPM’s existing 165 stores in Michigan and nine in Ohio. GPM Investments is […]
Richmond property sells for $1.9M, leased to Starbucks
A Richmond property located at 2305-2309 West Broad Street sold for $1.9 million and was subsequently leased by Starbucks Corp. Lee Hall Plaza Inc. purchased the property, which includes 3,256 square feet sitting on 0.55 acres of land, from J.W. Willis. The parcel is located across the street from the Virginia Department of Motor Vehicles’ […]
Chester strip mall sold for $6M
Chester’s The Shoppes at River Forest, a 30,720-square-foot strip mall anchored by a Wal-Mart, was purchased on Feb. 26 for $6 million. Raleigh, North Carolina-based PGP River Forest purchased the property from Bogese Cos., a Richmond-based real estate development group. At the time of the sale, the center was 82% leased to tenants that include […]
Ministry buys Chesterfield building for $1.2M
Chesterfield County-based Mountain Movers Ministry has purchased a building near the intersection of Hull Street and Courthouse roads for $1.175 million. The ministry will relocate to 3300 Old Courthouse Road and occupy the entirety of the 8,942-square-foot building. The property is situated on 7 acres. Gray Bryant, an associate[...]
U.Va. gets $5M gift to establish scholarship for PVCC students
An anonymous $5 million gift to the University of Virginia will be used to provide scholarships to Piedmont Virginia Community College students who wish to transfer to the university, U.Va. President Jim Ryan announced Friday. The endowed fund will provide scholarships to PVCC students who have been selected as U.Va. University Achievement Award recipients. The […]
