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Chester shopping center sells for $18.6M
Bermuda Square shopping center in Chester has been sold for $18.6 million, according to Cushman & Wakefield | Thalhimer’s Capital Markets Group. Brentwood, Tennessee-based GBT Realty Corp. acquired the 84,064-square-foot property, its first investment in the Richmond market, on Nov. 26 from Giant Food Stores, the parent company of Martin’s grocery stores, according to Catharine […]
Henrico Jiffy Lube property sells for $2.2M
A private investor purchased a 4,210-square-foot property in Henrico County occupied by a Jiffy Lube for $2.2 million in late November, according Cushman & Wakefield | Thalhimer. The automotive maintenance and servicing shop will continue to operate on the property at 5710 W. Broad St. James Ashby IV of Cushman & Wakefield | Thalhimer handled […]
New EDA chief tries to do business amid scandal
There is no normal — even a new normal — for the executive director of the Front Royal-Warren Economic Development Authority, Douglas Parsons. Not while his predecessor, Jennifer McDonald, faces criminal charges and a civil suit alleging that she engineered a $21 million embezzlement scheme. A veteran in economic development[...]
Hampton Roads task force ponders region’s name and identity
Coastal Virginia, Tidewater, 757, Hampton Roads. What’s in a name, and what gives a region its identity and enhances its competitiveness? A task force of leaders from the Hampton Roads region is hammering away at those questions as they ponder whether Hampton Roads should continue to be called, well, Hampton Roads. Sometime in[...]
U.Va. goes big with $5 billion capital campaign
The University of Virginia has officially kicked off the public phase of the largest-ever capital fundraising campaign by a Virginia university, with a goal to raise $5 billion by 2025. It may sound like a daunting challenge, but the university is already more than halfway to meeting its “Honor the Future” campaign goal. Lev[...]
Despite setbacks, Mountain Valley Pipeline inches forward
The Mountain Valley Pipeline is three years behind schedule, $2 billion over budget and has lost four required permits it needs to continue construction. The 4th U.S. Circuit Court of Appeals stopped work on the pipeline to review a lawsuit over one of those permits, and another suit over environmental violations ended with MVP [...]
Inova takes steps to create personalized health ‘ecosystem’
Editor’s note: This story has been updated. On the former Exxon Mobil campus in Fairfax County, Inova Health System plans to create an “innovation district” with treatments tailored to patients’ genetic makeups, environments and lifestyles. In September, the county Board of Supervisors approved updates to Inova’s expan[...]
New Appalachian School of Law dean faces challenges
Retired Supreme Court of Virginia Justice Elizabeth McClanahan grew up in the Buchanan County community of Garden Creek, about 12 miles from Grundy. “Grundy was the big city,” says McClanahan, who retired from the state’s highest court on Sept. 1. “It’s the county seat. It’s the only town in the county.” Grundy’s[...]
Loan repayment program draws college graduates
Like a lot of recent college graduates, Danielle Hood entered the job market this spring with significant student debt. Even after landing a full-time job as a speech language pathologist at Dinwiddie County Public Schools, she worried that owing $70,000 in student loans would impact her plans to buy a house. “My debt-to-incom[...]
Loan repayment program draws college graduates
Like a lot of recent college graduates, Danielle Hood entered the job market this spring with significant student debt. Even after landing a full-time job as a speech language pathologist at Dinwiddie County Public Schools, she worried that owing $70,000 in student loans would impact her plans to buy a house. “My debt-to-incom[...]
Inova takes steps to create personalized health ‘ecosystem’
On the former Exxon Mobil campus in Fairfax County, Inova Health System has plans for an “ecosystem” to develop health care startups and build a research hub for treatments tailored to patients’ genetic makeups, environments and lifestyles. In September, the county Board of Supervisors approved updates to Inova’s expansi[...]
New Appalachian School of Law dean faces challenges
Buchanan County native Elizabeth McClanahan became the dean of the Grundy-based Appalachian School of Law in September, one day after retiring as a Virginia Supreme Court justice. She immediately faced a challenge: the American Bar Association’s tightened law school accreditation requirements. At least 75% of graduates now mus[...]
