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3Pillar Global names CFO
3Pillar Global Inc. has hired Jeff Sperber as its chief financial officer, the Fairfax-based product lifecycle management company announced Tuesday. “Jeff Sperber brings us exceptional skills honed by years of leadership managing high-growth businesses,” 3Pillar CEO David DeWolf said in a statement. “But Jeff is more than [...]
Washington Football Team to announce new name Feb. 2
On Feb. 2, the Washington Football Team will announce its new name on NBC’s “Today” show. In an announcement on the NFL team’s website, team President Jason Wright wrote that they “are in the homestretch of our rebrand journey.” He said the team name will not be Wolves or RedWolves, early on f[...]
ICF acquires McLean tech contractor
Fairfax-based management consulting firm ICF International Inc. announced Monday that it had completed its acquisition of McLean-based IT federal contractor Creative Systems and Consulting. Financial terms of the transaction were not disclosed. The company announced in December 2021 that it had entered into a definitive agreemen[...]
UVA | NOVA plans signal major regional expansion
The University of Virginia has big plans for continued expansion in Northern Virginia, with more details to come early this year on where U.Va. will be developing new programs within the region. Negotiations with prospective partners were ongoing as of early December 2021, school officials said. The university’s expanded prese[...]
7-Eleven portfolio sells for $19.7M
A portfolio of seven 7-Eleven Inc. gas and convenience locations around the commonwealth have been sold to affiliates of Hermosa Beach-based Equitas Investments LLC for $19.7 million, Cushman & Wakefield | Thalhimer announced Monday. The deal closed on Dec. 22 and includes seven freestanding, corporately leased 7-Eleven stor[...]
Falls Church strip mall gets new look
The shopping center formerly known as Falls Plaza in Falls Church has a new look and a new name: Birch & Broad. Renovations are now complete at the 144,000-square-foot strip mall, which is anchored by a Giant Food supermarket. Other tenants include Conte’s Bike Shop, CVS Pharmacy, Plaka Grill, Starbucks, Jersey Mike[...]
Three Haymarket buildings sold for $13M
An affiliate of Fairfax-based Meladon Group LLC purchased three buildings in Haymarket for $13 million, Cushman & Wakefield | Thalhimer announced Tuesday. The seller was not disclosed. The portfolio includes buildings leased to CVS, Chick-Fil-A and Virginia National Bank on 5.63 acres at the intersection of Virginia Route 15[...]
Consumer Technology Association: “CES will and must go on”
The Arlington-based Consumer Technology Association (CTA) is moving forward with its CES consumer technology trade show in Las Vegas in January, despite cancelations from big exhibitors and the surge of COVID-19 cases fueled by the omicron variant. Formerly known as the Consumer Electronics Show, CES typically draws thousands of[...]
Bechtel subsidiary wins $872M Navy contracts
A subsidiary of Reston-based global engineering, construction and project management company Bechtel Group Inc. won a pair of contract modifications, totaling about $872 million, from the U.S. Navy, the Department of Defense announced Monday. Monroeville, Pennsylvania-based Bechtel Plant Machinery Inc., has been awarded a $621.9 million cost-plus-fixed-fee modification to a previously awarded contract for naval […][...]
Ashburn Walgreens store sells for $9M
A Walgreens drugstore retail location in Ashburn sold for $9 million on Dec. 1, according to Loudoun County online property records. Tater Ashburn LLC purchased the 88,862-square-foot building at 20321 Susan Leslie Drive from Wirrulla Livermore LLC. The building sits on about two acres of land and is leased to Walgreens. Marcus [...]
Northrop Grumman subsidiary lands $1.4B Army contract
The U.S. Army awarded a subsidiary of Falls Church-based Northrop Grumman Corp. a $1.38 billion contract to work on the Integrated Battle Command System, the Department of Defense announced Dec. 23. The hybrid contract was awarded to Northrop Grumman Systems Corp. by the U.S. Army Contracting Command out of Restone Arsenal, Alabama. The contract is […]
Chantilly’s CTSI acquires Fla. security firm
Chantilly-based technology firm Corbett Technology Solutions Inc. (CTSI) announced Tuesday it had acquired Orlando, Florida-based risk, resilience and security services provider Star Asset Security. Financial terms of the transaction were not disclosed. CTSI is a portfolio company of Chicago-based private equity firm Wind Point Partners. The transaction is CTSI’s sixth acquisition since it was acquired […][...]
