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Norfolk distribution center to create 200 jobs
A Massachusetts-based logistics services company plans to build a distribution and fulfillment center in Norfolk expected to produce 200 jobs, RoadOne IntermodaLogistics announced Tuesday. The company did not disclose the cost of the 340,000-square-foot facility, which will be six miles from the Port of Virginia’s terminal[...]
New VP of HR and trades named at Newport News Shipbuilding
Newport News-based Huntington Ingalls Industries has named Xavier Beale vice president of human resources and trades at the company’s Newport News Shipbuilding division, effective April 1. Beale will oversee human resources administration, employment, labor relations and recruitment, as well as his previous role as vice pr[...]
Newport News Shipbuilding, steelworkers union ratify new labor contract
Members of United Steelworkers on Tuesday ratified a new, five-year labor contract with Newport News Shipbuilding. United Steelworkers Local 8888 represents more than 10,000 shipbuilders at the Newport News shipyard, the country’s only manufacturer of nuclear-powered aircraft carriers. Terms of the new contract will remain[...]
UNIS to add nearly 1M square feet near Port of Virginia
California-based third-party logistics company UNIS LLC plans to open two sites near the Port of Virginia next year, comprising nearly 1 million square feet. Industrial Realty Group LLC, which will construct the buildings, announced the project last week. It includes a 910,000-square-foot high volume, cross dock terminal in Suffolk and a 72,000-square-foot transload facility in […]
Williamsburg hotel sells for $4.47M
A former Park Inn by Radisson hotel in Williamsburg has been sold for $4.47 million, Cushman & Wakefield | Thalhimer announced Thursday. The 122-room hotel, located at 2007 Richmond Road, was purchased by The Tapestry Group Inc. in partnership with SBG Richmond Road LLC from SHNI Corp. as an IRS Section 170 bargain sale tran[...]
HII division announces new VP of infrastructure and sustainability
Newport News-based Fortune 500 military shipbuilder HII announced Wednesday that Eric Crooker is the new vice president of infrastructure and sustainability at its Pascagoula, Mississippi-based Ingalls Shipbuilding division. In this role, Crooker will focus on compliance and enterprise risk management along with overseeing env[...]
Rocket Lab USA picks Va. for rocket launch site and manufacturing facility
Rocket Lab USA Inc. has selected Wallops Island as the location for its launch site and a new manufacturing and assembly complex for its new Neutron rocket, Gov. Glenn Youngkin announced Monday. The move is expected to create as many as 250 jobs. Rocket Lab will launch Neutron from a new launch pad owned by […]
Retaining walls
With COVID-19 limiting travel and site visits for companies considering coming to Hampton Roads, economic development officials focused on shoring up existing businesses in 2021. That strategy appears to have paid off, judging by the number of companies expanding throughout the region. “2021 has been a banner year for us,” s[...]
Tilting toward windmills
Siemens Gamesa Renewable Energy S.A.’s October 2021 announcement that it will build the nation’s first offshore-wind blade factory at Portsmouth Marine Terminal has put Hampton Roads on a trajectory to become a supply chain hub for the country’s nascent offshore wind energy industry. The Spanish wind turbine co[...]
Marina Point Apartments in Chesapeake sell for $14.15M
The Marina Point Apartments complex in Chesapeake has sold for $14.15 million, brokerage firm Marcus & Millichap announced Feb. 23. MRKT Realty LLC acquired the property from a joint venture headed by Phil Capron, according to Marcus & Millichap. The 104-unit multifamily property located at 1301 Canal Drive includes 13 b[...]
Chesapeake office buildings sell for $18.9M
Two office buildings in the Greenbrier area of Chesapeake have been sold for $18.9 million, Cushman & Wakefield | Thalhimer announced Feb. 22. Miami-based KAS Partners acquired Greenbrier Office Towers I and II from FP Greenbrier Towers LLC, according to Chesapeake property records. The 171,762-square-foot Class A office por[...]
Williamsburg’s Midtown Row to be acquired for $122M
Broad Street Realty Inc. will acquire Midtown Row in Williamsburg for $122 million, the Bethesda, Maryland-based company announced on Feb. 22. It previously has served as the mixed-use development’s manager and leasing broker. Broad Street is acquiring the 221 Monticello Ave. property from a joint venture whose controlling[...]
