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Northern Virginia Technology Council chooses acting CEO
The Northern Virginia Technology Council (NVTC) announced Wednesday that Brad Schwartz will serve as its acting president and CEO starting July 1. He succeeds Bobbie Kilberg, who announced her June 30 retirement in October 2019 after 22 years at the helm of the membership and trade association for the region’s tech industr[...]
Metro Silver Line service to resume Aug. 16
Metro will resume Silver Line service and reopen six Fairfax County stations on Aug. 16, the Washington Metropolitan Area Transit Authority announced Wednesday. The six stations are the five “west-of-Ballston” Silver Line stations (McLean, Tysons Corner, Greensboro, Spring Hill and Wiehle-Reston East) plus one Orange Line station: West Falls Church. The remaining three west-of-Ballston stations […][...]
S.C. manufacturer relocating to Grayson County
Metalworx Inc., a manufacturer of highly-engineered and precision-manufactured components, assemblies and products for industrial uses, is investing $7.6 million to relocate its headquarters and manufacturing operations from South Carolina to the former Core Fitness Complex in Grayson County, Virginia Gov. Ralph Northam announced Wednesday. Virginia competed with North Carolina for the project, which will create […][...]
TowneBank and CHKD buy Norfolk Southern Tower for $30M
UPDATED JULY 2 | Suffolk-based TowneBank and Children’s Hospital of the King’s Daughters (CHKD) have jointly purchased the 22-story Norfolk Southern Tower in downtown Norfolk from the Fortune 500 railroad corporation, which is in the process of migrating its corporate headquarters to Atlanta. The building sold for [...]
Reston software company selects chief revenue officer
Reston-based lease management software company LeaseAccelerator Inc. announced Tuesday it has named David Mitchell as its chief revenue officer. Mitchell was most recently senior vice president of worldwide sales at McLean-based cloud computing company Appian Corp. In his new role, he will focus on sales execution in North Ame[...]
HHS contracts Herndon company for COVID-19 modeling
Herndon-based artificial intelligence company GeoSpark Analytics Inc. announced Tuesday it has been awarded a five-year, multimillion-dollar contract to provide COVID-19 and infectious disease modeling for the Department of Health and Human Services (HHS). An exact contract amount was not disclosed. “If we’ve learn[...]
Boston media company buys Reston marketing automation firm
Reston-based marketing automation company Triblio has been acquired by Boston-based tech marketing and media company IDG Communications, the companies announced Tuesday. Financial terms of the transaction were not disclosed. Triblio, which was founded in 2013 by former employees of Oracle’s software-as-a-service product Eloqua, focuses on account-based marketing (ABM). “Triblio is the most complete ABM platform […][...]
Navy raises General Dynamics submarine contract to $9.47B
Reston-based Fortune 100 aerospace and defense contractor General Dynamics Corp. on Tuesday received an $869 million modification to its 2017 contract to produce two U.S. Navy ballistic missile submarines. The modification raises the contract value to $9.47 billion. The original Integrated Product and Process Development contrac[...]
Two retail spaces in Harrisonburg sell for $5.25M
Two retail spaces in a Harrisonburg shopping center have sold for a total of $5.25 million, Harrisonburg-based commercial real estate brokerage Cottonwood Commercial announced Monday. The 2,500-square-foot Starbucks unit and a 5,000-square foot unit occupied by Potbelly Sandwich Shop and Sleep Number, a bedding store, were pur[...]
Norfolk apartment complex sells for $17M
The Brittany Place apartment complex in Norfolk has sold for $17 million, New York City-based commercial real estate company Berkadia Commercial Mortgage LLC announced late last week. Located at 6143 Edward Street, the complex includes 148 two-bedroom units. The Affordable Housing Corp. sold the property to 6143 Edward Street [...]
Danville Pittsylvania County Chamber to move Sept. 1
The Danville Pittsylvania County Chamber of Commerce announced Tuesday that it will move to leased space within the Institute for Advanced Learning and Research (IALR) in Danville as of Sept. 1. The Chamber has been located in Blairs since 2005, when the Pittsylvania County Chamber of Commerce and the Danville Area Chamber of Commerce merged. […]
JMU leaders want Confederate names removed from buildings
James Madison University announced Monday that university leadership is asking the JMU Board of Visitors to rename three campus buildings on its Quad that are named for Confederate leaders Gen. Thomas “Stonewall” Jackson, Col. Turner Ashby Jr. and Matthew Fontaine Maury. “We recognize that these building names a[...]
