Sign In
Free Newsletter
$250K SCHEV grant boosts VCU-ChamberRVA internship initiative
Virginia Commonwealth University and ChamberRVA hope to expand paid internship opportunities in the Richmond region with the help of a $250,000 grant from the State Council of Higher Education for Virginia, the chamber announced Thursday. In October, the Virginia Chamber Foundation and SCHEV started a public-private partnership,[...]
Parsons Corp. branch awarded $2.24B MDA contract
Centreville-based defense contractor Parsons Corp. has won a potential $2.24 billion contract from the Missile Defense Agency, the Department of Defense announced this week. Huntsville, Alabama-based Parsons Government Services will oversee the project, which starts in July and could run up to January 2029. Work will be performed at Fort Belvoir and other military sites […]
Leidos subsidiary wins nearly $1B health care contract
A subsidiary company of Reston-based Fortune 500 government contractor Leidos Holdings Inc. won a U.S. Army contract potentially worth nearly $1 billion to provide commercial health services to all U.S. military reserve forces, Leidos announced this week. Leidos acquired QTC Management Inc., which is based in San Dimos, California, in 2016. The $999 million contract […]
Williamsburg apartment complex sold for $46M
New York-based Kushner Cos. has purchased a 212-unit apartment complex in Williamsburg for $46 million, commercial real estate sales corporation Berkadia announced Thursday. Spotswood Commons, located at 100 Glenburnie Road, was sold by Massachusetts-based The Dolben Company Inc. Drew White, senior managing director of Berkadia�[...]
Fredericksburg retail center sells for $8.5 million
Commonwealth Self Storage bought a 40,617-square-foot retail center in Fredericksburg for $8.525 million, Cushman & Wakefield | Thalhimer announced Thursday. Carter’s Crossing, located at 27 S. Gateway Drive, was sold by Boosalis Properties, represented by Thalhimer’s Capital Markets Group. Catharine Spangler handled the[...]
Willcox Savage names new managing partner
Thomas C. Inglima, a longtime attorney at Willcox Savage PC in Norfolk, has been named managing partner effective July 1, the law firm announced Thursday. Inglima, who joined Willcox Savage more than 25 years ago and has been a partner since 1999, succeeds Robert L. Dewey, the firm’s managing partner for more than 20 years[...]
Chesterfield business park portfolio sold for $39.5M
A Miami-based investor purchased a five-building Chesterfield County office portfolio for $39.5 million, Cushman & Wakefield | Thalhimer announced Wednesday. The Boulders and Moorefield business parks — totaling 414,322 total square feet that is 87% leased to several tenants that include AIG, Accenture and others — were [...]
Richmond-based ColonialWebb opens new data center division
Richmond-based mechanical and electrical systems company ColonialWebb has opened a new division that focuses on data centers, call centers, specialty operations centers and other essential opportunities, it announced Wednesday. Known as the Mission Critical Division, the department will be led by General Manager Nathan Wethingto[...]
Amazon and Metro team up for $125M affordable housing plan
Amazon.com Inc. and Metro announced Wednesday a plan to build more than 1,000 affordable housing units near Metro stations in the Washington, D.C., area over the next five years, with the e-tail giant committing $125 million in below-market capital. The program is part of Amazon’s $2 billion Housing Equity Fund, which aims[...]
Calif. drone company moves headquarters to Arlington
AeroVironment Inc., a producer of drones and robotics systems, announced Tuesday it has relocated its corporate headquarters from Simi Valley, California, to Arlington. “The greater Washington, D.C., area is where many of our key customers are located, and expanding our presence in the region will further our access to decision makers, influencers and talent,” AeroVironment […]
Va. children’s hospitals get kudos in national rankings
Eight children’s hospitals in Virginia received recognition Tuesday in the U.S. News & World Report annual rankings of the top pediatric facilities in the nation, regions and states. First in the state and seventh in the mid-Atlantic region is the University of Virginia Children’s Hospital, which was ranked natio[...]
Richmond City Council approves casino referendum, which heads next to voters
Richmond City Council on Monday voted 8-1 for a casino referendum to appear on the city’s Nov. 2 ballot. If passed by city voters, the proposed $600 million ONE Casino + Resort would be the only casino under Black ownership in the country. Urban One Inc., which owns and operates 55 radio stations and the […]
