Sign In
Free Newsletter
Henrico County industrial facility sells for $9.39M
An industrial facility in eastern Henrico County has sold for $9.39 million, Richmond-based real estate firm Porter Realty Co. Inc. announced Friday. Located at 4650 Oakleys Lane, the 229,829 square-foot facility sits on more than 23 acres and features dock and drive-in loading. The property was sold by 4650 Oakleys Lane LLC t[...]
Ashburn firm wins Dept. of Homeland Security award
Ashburn-based tech company Cignal LLC announced Thursday it has won a Phase 1 award from the U.S. Department of Homeland Security’s Science and Technology Directorate to develop technologies for X-ray inspection systems using artificial intelligence models. The award amount from the department’s Silicon Valley Innovation Program was not disclosed. “We are proud to be working […][...]
Reston tech recruiting firm names president
Reston-based Revature LLC announced Thursday that Amit Sevak has been tapped as president of the entry-level tech recruiting company. Sevak was most recently a senior adviser to the company. In his new role, he will work to expand Revature’s network of U.S.-based university partners. He will also serve on the executive com[...]
Chesterfield office building sells for $2.4M
A Chesterfield County office building has sold for $2.4 million, Norfolk-based real estate company S.L. Nusbaum Realty Co. announced Wednesday. Located at 530, 540 and 550 Southlake Blvd., the 43,544-square-foot property was 100% leased at the time of the sale to companies including industrial manufacturing company Ingersoll Ran[...]
Colonial Heights joins Richmond Region Tourism
The city of Colonial Heights has signed on as a Richmond Region Tourism partner locality, the organization announced Wednesday. With the partnership, Richmond Region Tourism will support Colonial Heights’ tourism efforts as the state is reopening during COVID-19. “We look forward to collaborating with Richmond Region Tourism to market Colonial Heights to visitors as the […]
Bon Secours seeks to expand Suffolk hospital
Bon Secours Mercy Health announced on Monday it has filed a certificate of public need (COPN) to expand its Suffolk hospital by 67,000 square feet and add up to 36 beds. The proposed expansion stems from the increased need for inpatient beds, resulting from findings from the COVID-19 pandemic and population growth in the area. [[...]
Richmond’s Need Supply Co. closes permanently
Richmond-based clothing and home goods retailer Need Supply Co. has gone under due to the COVID-19 pandemic and will permanently cease operations, its attorney confirmed Tuesday. The store has not issued a public statement, including on its website or social media sites. “Need Supply Co. has made the difficult decision to wi[...]
Private equity firm acquires Herndon tech company
Herndon-based tech company Exostar LLC announced Tuesday it has been acquired by Chicago-based private equity firm Thoma Bravo LLC. The acquisition was first announced in early June. The transaction amount was not disclosed. Exostar is a cloud-based platform that allows companies to securely share information and operate with security compliance. The platform is used by […]
PNC names new Greater Washington regional president
Pittsburgh-based PNC Financial Services Group Inc. announced Tuesday that Jermaine Johnson will succeed Richard K. Bynum as Greater Washington regional president as of Aug. 1, overseeing the bank’s operations in the greater Washington, D.C., area, including Northern Virginia and surrounding Maryland counties. Currently t[...]
Meeting Professionals International Va. Chapter chooses board president
Lisa Meriwether, tourism sales manager for Lynchburg’s Office of Economic Development and Tourism, has been named president of the board of directors of Meeting Professionals International’s Virginia chapter. Meriwether was installed as chapter president on June 30 and will serve on the board’s executive commit[...]
Charlottesville Chamber hires Defense Affairs Committee program lead
The Charlottesville Regional Chamber of Commerce announced Monday it has hired retired Col. Lettie J. Bien as the inaugural program coordinator for the chamber’s Defense Affairs Committee (DAC), which serves as an intermediary information-sharing organization for veterans, academics and industry workers. A retired U.S. A[...]
Roanoke County launches small business relief grants
The Roanoke County Economic Development Department announced Monday it has launched a $1 million small business grant program to help businesses suffering from COVID-19 closures in the county and the town of Vinton. The program is being funded through the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act and wil[...]
