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A developing picture
As Norfolk prepares for some sizable development projects, city officials don’t plan to forget the strong business base that positioned the area for such investments. “We’re really focused on business expansion and our primary employers,” says Jared Chalk, Norfolk’s director of economic development. “That[...]
ODU board names new rector, other officers
The Old Dominion University Board of Visitors has elected a new slate of officers, including former newspaper executive Bruce Bradley as rector, the university announced Monday. Bradley was the president of Landmark Publishing Group and executive vice president of Landmark Media Enterprises LLC before he retired, and he was prev[...]
2 Va. companies land spots on $151M Navy IT contract
Two Virginia companies have landed spots on a $151 million contract to provide full IT lifecycle support to the Naval Facilities Engineering Systems Command’s core facilities, management, construction management and installation management systems. Norfolk-based Chitra Productions LLC and Fairfax-based AttainX Inc. will both do work alongside three other companies in Atlanta, Kansas and Ohio, the […][...]
8 Va. companies land spots on $42B Air Force contract
Eight Virginia companies have landed spots on a $46 billion contract with the U.S. Air Force Eglin Wide Agile Acquisition contract. The Air Force awarded spots to 55 firms, according to a Department of Defense announcement this week. The contract provides for work in digital engineering and model-based systems engineering, agile processes, open systems architecture, […]
CNU President Paul Trible to retire in August
Christopher Newport University President Paul S. Trible Jr. announced Friday he plans to retire as president next August. He will then serve as chancellor for the next academic year, and Adelia Thompson, university’s chief of staff and acting CEO, will be CNU’s interim president. Trible, a former U.S. senator and mem[...]
Thomas Nelson Community College renamed Va. Peninsula
Thomas Nelson Community College, based in Hampton and James City County, will soon be called Virginia Peninsula Community College, the Virginia Community College System’s state board voted Thursday. In February, the college’s local advisory board voted unanimously to change the school’s name, bestowed to honor [...]
The Lawson Cos. hires first talent and development manager
Virginia Beach-based property management firm The Lawson Cos. hired Brandi Hall as its first talent and development manager, it announced Tuesday. Hall is responsible for hiring and training Lawson employees as well as retaining them. She has 16 years of experience in human resource roles and was most recently the human resource[...]
Va. Beach apartment complex goes for $28.1M
Arbor Trace Apartment Homes, a Virginia Beach complex in the Oceanfront area, has sold for $28,175,000 to Hill Property Partners LLC, S.L. Nusbaum Realty Co. announced Monday. The neighborhood at 624 Suhtai Court is made up of 148 two-bedroom units, which will receive upgraded flooring and new appliances and fixtures. The commun[...]
Green Clean Express Auto Wash to open 20+ locations in Va.
Green Clean Express Auto Wash, a Norfolk business acquired by Ohio-based Express Wash Concepts in May, plans to open more than 20 car wash locations throughout Hampton Roads, Richmond and Charlottesville by the second quarter of 2022. As part of its expansion, Green Clean purchased an acre in Virginia Beach for $1,794,500, Cush[...]
Recent commercial real estate deals in Hampton Roads
The following commercial real estate deals in Hampton Roads were announced the week ending Sept. 17 by local firms. A multi-tenant retail condo at The Strand at 3244 Holland Road in Virginia Beach sold for $2.02 million. The 10,200-square-foot building was purchased by a private investment group that will occuply one of the exis[...]
Old Point Trust names new president and CEO
Hampton-based Old Point Trust & Financial Services has a new president and CEO, its parent company announced Thursday. A. Eric Kauders Jr., who led Bank of America’s $16 billion fiduciary business in three states, started his new job this week, succeeding Eugene M. Jordan II, now Old Point Financial Corp.’s gener[...]
Aery Aviation to add 211 jobs, expand Newport News HQ
Newport News-based defense contractor Aery Aviation LLC will add 211 jobs with the $15.3 million expansion of its headquarters in Newport News, Gov. Ralph Northam announced Tuesday. The aviation company will build a 60,000 square-foot hangar with access to the Newport News/Williamsburg International Airport runway and an engineering technology center to provide maintenance and modification […][...]
