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Chesterfield shopping center sells for $4.8M
The Corner Shops at Chesterfield Towne Center has a new owner. Midlothian Pike Investments sold the 8,120-square-foot retail center for $4.8 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Nov. 22. 1834 East 4 Street LLC purchased the shopping center, located at 11530 Midlothian Turnpike, as [...]
Harvey Lindsay acquires condo management portfolio
Harvey Lindsay Commercial Real Estate acquired a management portfolio of 50 buildings in the Hampton Roads region, the Norfolk-based real estate firm announced Tuesday. A Harvey Lindsay representative said the financial terms of the acquisition from Norfolk-based leasing and property management company Cavalier Land were confide[...]
One South Commercial to split from One South Realty
Richmond-based One South Commercial will become a standalone firm, splitting from its 15-year partnership with One South Realty Group, the firm announced Wednesday. The transition will be complete by early 2024. Tom Rosman, director of commercial brokerage, has headed up the commercial division of One South Realty Group since 2008 and will lead the new […]
Sweet Briar College names alumna 14th president
Sweet Briar College will keep Mary Pope Maybank Hutson as its president permanently after serving as interim president since July, the private women’s college announced Thursday. Hutson is the 14th president of Sweet Briar and the Amherst County school’s first alumna president. A 1983 graduate with a degree in intern[...]
JPMorgan Chase gives $5.3M to DMV career pathways program
JPMorgan Chase has donated $5.3 million to TalentReady, a student career pathways program in Virginia, Maryland and Washington, D.C., the bank announced Thursday. The program, which is organized by the Greater Washington Partnership and Education Strategy Group, has a focus on ensuring students get work-based learning experiences, such as capstone projects and internships. TalentReady has […][...]
GSA inspector general to probe FBI HQ site selection
Three weeks after U.S. Sen. Mark Warner lambasted a decision to place the FBI headquarters in Maryland instead of Springfield as “corrupt,” the Office of the Inspector General at the U.S. General Services Administration said Thursday it would launch an investigation immediately, according to a letter made public by W[...]
Boeing receives $2.3B Air Force contract for tanker aircraft
Arlington County-based Boeing has received a $2.3 billion contract to build 15 more KC-46A Pegasus tankers for the Air Force. The Pentagon announced the award for production lot 10 of the tankers Tuesday. Boeing has 153 of the aerial refuelers under contract globally and has delivered 76 to the Air Force and two to Japan, [&hell[...]
Lego donates $1M to six Richmond-area nonprofits
Lego Group has distributed $1 million in grants across six Richmond region nonprofits, the Danish toymaker announced Thursday. The company, which broke ground in April on its $1 billion manufacturing facility in Chesterfield County, awarded the funding to organizations serving children and families as part of its commitment to h[...]
Site selectors conference coming to Virginia Beach
Area Development magazine will bring its national spring conference for site selection consultants and economic development officials to Hampton Roads. The Area Development Spring Consultants Forum is slated for June 10-12, 2024, at the Marriott Virginia Beach Oceanfront. Devoted to corporate site selection and relocation, the m[...]
Warner condemns FBI HQ site selection as ‘corrupt’
U.S. Sen. Mark Warner said Nov. 9 that the General Services Administration’s selection of Greenbelt, Maryland, instead of Fairfax County for the new FBI headquarters was a “corrupt” process, and that he expected better from the Biden administration. Warner’s comments followed an email that day from FBI Director Christoph[...]
Mining for talent
At the end of October, United Way of Southwest Virginia broke ground on its $25 million project to convert a former Kmart store in Abingdon into a regional workforce development and child care hub. It’s an attempt to address the region’s workforce shortage, one of the most pressing issues among area employers. “There’s a[...]
Tourism gains steam with scenic train tour
Virginia Scenic Railway’s new Shenandoah Valley Limited proved just the ticket for seasonal leaf-peepers and train enthusiasts, drawing thousands of visitors to Goshen this fall. The iconic Norfolk & Western Class J No. 611, known as the “Queen of Steam,” is one of the last extant mainline passenger steam locomotives b[...]
