Sign In
Free Newsletter
Fairfax medical office building sells for $4.6M
A medical office building in Fairfax County’s Merrifield area has sold for $4.6 million, Toronto, Canada-based commercial real estate company Avison Young Inc. announced Monday. The five-story, 53,430-square-foot building is 37% leased to several medical practices, says Avison Young Principal Jim Kornick, who led the sale [...]
McLean telecom CEO steps down
Richard D. Calder, president and CEO of McLean-based telecommunications company GTT Communications Inc., left the company on Monday, June 1. He had been the president and CEO since 2007. “We appreciate the many accomplishments Rick has achieved since joining GTT as CEO in May 2007 over 13 years ago,” H. Brian Thompson, GTT e[...]
Rappahannock Electric Cooperative CEO to retire
Fredericksburg-based Rappahannock Electric Cooperative (REC) announced Tuesday that president and CEO Kent D. Farmer, who has served since 2004, will retire Aug. 1. He has been with the company for a total of 41 years. “It has been my honor and privilege to lead REC and to serve its membership for the past 16 years,” [&helli[...]
Private equity firm purchases Reston office building
A New York-based real estate private equity firm, HighBrook Investors, secured a three-year floating-rate loan of $29 million, with extension options, to purchase the Reston Metro Center One office building, located near the future Reston Town Center Metro station and the planned $1.4 billion Halley Rise mixed-use development. H[...]
Microsoft to invest $64M in Fairfax County expansion, create 1,500 jobs
Microsoft Corp. will invest $64 million to expand its presence in Reston Town Center in western Fairfax County, creating 1,500 jobs, Gov. Ralph Northam announced Wednesday. The software giant will occupy 400,000 square feet in the Reston Town Center, which will include a software development and research hub, as well as retail space. The project […]
Mask mandate to go into effect Friday, governor says
Virginians ages 10 and older will be required to wear masks in all brick and mortar retail stores, personal care and grooming businesses and restaurants starting Friday, Gov. Ralph Northam announced Tuesday. Face coverings also will be mandated on public transportation, state and local government offices and any indoor places wh[...]
NoVa localities, Accomack expected to start Phase One on Friday
Update, 10 a.m., May 27: Gov. Ralph Northam has turned down Richmond Mayor Levar Stoney’s request to reopen while maintaining restrictions on houses of worship, barber shops and grooming businesses, in a letter released Tuesday night. All of Virginia’s localities are expected to be in Phase One by Friday. Earlier: N[...]
McLean-based Cvent lays off, furloughs 10% of workforce
As the hospitality industry has taken one of the biggest COVID-19 hits of all, McLean-based event software company Cvent Inc. confirmed Friday it is laying off or furloughing 10% of its global workforce due to business impacts from the pandemic. “Meetings and events boost the global GDP by more than $1.5 trillion and impact nearly […]
Loudoun County adds $5.7M to small business relief fund
The Loudoun County Board of Supervisors approved an additional $5.7 million in grant funding for a second and third round of its COVID-19 Business Interruption Fund, which supports small businesses affected by the pandemic. The funding was allocated from the $36.1 million in federal funding to Loudoun County from the Coronavirus[...]
Dinwiddie company wins $107M I-95 contract
Dinwiddie County-based road construction company Wagman Heavy Civil Inc. announced Friday it’s been awarded a $107 million contract for the Interstate 95 Northbound Rappahannock River Crossing project in Stafford County. “We are excited to begin our work that will provide critical mobility and safety improvements on I-95 including the interchange at Route 17,” Greg Andricos, […]
Google wins seven-figure DoD contract
Google Cloud, a division of Google LLC, announced Thursday that it’s been awarded a seven-figure Department of Defense contract to provide multi-cloud management. A specific contract award amount was not disclosed. The contract will be completed for the DoD’s Innovation Unit (DIU), which works to scale commercial technology across the agency. Google Cloud will build […]
Reston tech company names AI senior director
Reston-based government technology company Octo Consulting Group announced Tuesday that it has named Rob Albritton as the senior director of its AI Center for Excellence. Albritton most recently worked as a machine learning engineer at McLean-based The Mitre Corp., a nonprofit that conducts research for government agencies. In[...]
