Industrial building in Chesterfield County sells for $2.05M
An industrial building in Midlothian (part of Chesterfield County) sold for $2.05 million, Cushman & Wakefield | Thalhimer announced Monday. Located at 12700 Oak Lake Court, the 20,000-square-foot building sits on 1.84 acres. Conn-One LLC purchased the building from SMW Warehouses LLC for storage use. The property was most[...]
Revalation Vineyards toasts $2.3M winery expansion
Gov. Ralph Northam announced Thursday that Revalation Vineyards will invest more than $2.3 million in an expansion, building a wine production facility, tasting room and event space in Madison County. The expansion will create five jobs. Home to 312 wineries, Virginia is the sixth-largest wine region in the United States, according to Northam’s office. The […]
Richmond mayor to launch guaranteed income pilot
Richmond Mayor Levar Stoney unveiled a guaranteed income pilot program on Thursday that will give 18 working families $500 a month for 24 months. The city, in partnership with the Robins Foundation, has launched the Richmond Resilience Initiative. The program is intended to benefit families who no longer qualify for benefits ass[...]
Falwell sues Liberty University, claiming defamation
Jerry Falwell Jr. filed a lawsuit Wednesday in Lynchburg against Liberty University, claiming his former employer made defamatory statements about him. He also alleges in the lawsuit that his former business partner, Giancarlo Granda, who had a highly publicized affair with Falwell’s wife, has conspired against Falwell wit[...]
State wins Lee monument suit; removal of statue is delayed
Updated Oct. 29: Five plaintiffs seeking to keep the monument in place have filed a notice of appeal with the Richmond Circuit Court, according to the attorney general’s office, which provided the document. The notice was signed by Helen Marie Taylor, Evan Morgan Massey, Janet Heltzel, George D. Hostetler and John-Lawrenc[...]
Breaking barriers
Small Nonprofit | David Silver, CFO Medical College of Virginia Foundation, Richmond David Silver fell into the nonprofit world by chance. After graduating as a Russian history major from the University of Maryland in the midst of the early 1990s recession, Silver worked for several years at hotels and restaurants, where he woun[...]
New physical rehab hospital uses innovative tech
Michael Lowery pushed off gingerly at first and then gained confidence as he walked upright with the assistance of Andago, a mobile robot in the rehab gym of Central Virginia’s newest hospital. Strapped into the machine by a harness, Lowery, a 38-year-old Martinsville native suffering from paralysis, made his way around th[...]
Building a stronger club
Large Nonprofit | Julie Brown, CFO Farmington Country Club, Charlottesville Julie Brown uses her construction industry experience to inform investments in capital projects at Farmington Country Club in Charlottesville. Before her time at the club, Brown served for five years as controller and CFO of Charlottesville-based constru[...]
ACLU-Virginia’s Gastañaga announces retirement
Claire Gastañaga, executive director of the American Civil Liberties Union of Virginia, announced her retirement Monday. She will remain in her position until March 31 or as soon as a successor is found, the organization said in a news release. Hired in 2012, Gastañaga has overseen major growth of the organization, which incre[...]
Chesterfield County retail property sells for $1M
A multi-tenant retail property in Chesterfield County sold for $1 million, Cushman & Wakefield | Thalhimer announced last week. Located at 10801 Midlothian Turnpike, the 9,735-square-foot property was 100% leased at the time of the sale to Howes Car Stereo, SMG Imports and My Elite Physique, said Cushman & Wakefield | Thalhimer Senior Vice President […]
Home sales continue to surge in September
Virginia continues to see home sales surge, with a 35% increase during September, according to Virginia Realtors. Sales were up by a staggering 80% in Eastern Virginia when compared to last year. Northern Virginia saw a 37% increase, and Central Virginia saw a 24% jump. Although home sales historically slow following the summer season, the […]
U.Va. launches Sands Institute for Lifelong Learning
Using its largest-ever gift — a $68 million donation last year from Frank M. Sands Sr., founder of Sands Investment Group Inc. — the University of Virginia’s Darden School of Business announced Friday it has launched the Marjorie R. and Frank M. Sands Sr. Institute for Lifelong Learning. The Sands Institute for Lifelon[...]