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Richmond-based GPM acquires Dallas fuel distributor
Richmond-based convenience stores owner and operator GPM Investments LLC signed an agreement to acquire substantially all of the assets of Dallas, Texas-based Empire Petroleum Partners LLC, adding 1,457 wholesale fuel locations to its footprint, GPM announced Wednesday. With the transaction in place, GPM is expected to distribute 2.5 billion gallons of fuel annually across 2,800 […]
Retail mall in Henrico sells for $6.3M
The Virginia Center Parkway strip mall in Henrico County was sold for $6.3 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday. JDJR Central LLC bought the 24,400-square-foot property located on Brook Road that is 100% leased to seven tenants. Tenants include Chipotle, Mattress Firm and Anyti[...]
Two more solar plants coming to Danville
Two five-megawatt AC solar power plants are being built in Danville and will support 125 jobs in Virginia, the city announced today. The two solar projects — Irish Road Solar and Whitmell Solar — will span 100 acres and will generate an estimated 23,886,000 kilowatt-hours annually — enough energy to supply energy to 59,000 homes […]
Henrico industrial park sells for $6.4M
Parham Forest Industrial Park in Henrico County has sold for more than $6.4 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday. Richmond-based Remuda Forest Investment Company LLC bought the property, and was represented by Eric Robinson. Gregg W. Beck represented the buyer. Both Robinson and Beck are with Thalhimer’s Capital Markets Group. […]
Williamsburg shopping center purchased for $12.2M
Williamsburg shopping center Courthouse Commons has been purchased for $12.2 million by Baltimore-based Hamilton Park Limited Partnership, Harvey Lindsay Commercial Real Estate announced Tuesday. The 48,650 square-foot property located on Monticello Avenue near William & Mary is home to The Fresh Market, Starbucks, franchise exercise studio Pure Barre and smaller retailers. It was sold by […][...]
Chesapeake-based Volvo Penta promotes two executives
Chesapeake-based Volva Penta of the Americas appointed Yichen Gu to vice president of parts and accessories and promoted Marcelo Puscar to vice president of marketing. Both executives will be based in the Chesapeake office, the engine manufacturer announced Tuesday. Gu will assume his position in March 2020 and will plan and direct parts and accessory […]
Jamestown-Yorktown Foundation taps new executive director
American Civil War Museum CEO Christy Coleman has been tapped as executive director of the Jamestown-Yorktown Foundation. She replaces the foundation’s longtime leader, Philip G. Emerson, who is retiring on Dec. 31 after 28 years. Coleman, who starts at JYF on Jan. 21, previously held leadership positions at the Charles H. Wri[...]
Colliers International names three new principals
Norfolk-based Colliers International Group Inc. has named three new principals in the firm, the company announced Monday. Donald Crigger, executive vice president, and George “Hank” Hankins, senior vice president, and Charles Wentworth, senior vice president, are now part owners of the commercial real estate firm. Crigger an[...]
Hampton Roads Realtor receives lifetime achievement award
The Hampton Roads Realtors Association presented Berkshire Hathaway HomeServices Towne Realty Chairman and CEO Barbara Wolcott with its 2019 HRRA Lifetime Achievement Award, the company announced Monday. The award is given to tenured HRRA association members who have made a recognizable and identifiable difference in multiple fa[...]
Fairfax County EDA CEO honored for collaborative leadership
Victor Hoskins, president and CEO of the Fairfax County Economic Development Authority, received the Ronald Kirby Award for Collaborative Leadership this week from the Metropolitan Washington Council of Governments, the FCEDA announced Friday. The award recognizes non-elected government executives who work collaboratively with e[...]
Colonial Williamsburg appoints new CEO
The Colonial Williamsburg Foundation has appointed Cliff Fleet, the former head of Philip Morris USA, as the organization’s ninth president and CEO. Fleet will start his new role on Jan. 1. Fleet, who served as president and CEO of the Henrico County-based cigarette manufacturer from 2013 to 2017, will succeed Mitchell R[...]
Appalachian Power awards $57,500 in economic development grants
Appalachian Power awarded a total of $57,500 to nine Virginia organizations through the energy company’s Economic Development Growth Enhancement (EDGE) program, the Southern Virginia Regional Alliance (SVRA) announced Friday. SVRA was awarded $16,500 for marketing materials and videos of the southern region and regional mega-sites. “We are thankful for the support that Appalachian Power provides […][...]
