Shaun McConnon donates $15M to Roanoke College
Roanoke College has received a $15 million donation, the single largest cash gift in the school’s 179-year history, college president Michael Maxey announced Thursday to the board of trustees. College alumnus Shaun McConnon, former CEO of Massachusetts-based cybersecurity company BitSight Technologies, donated the money for th[...]
Recent real estate deals around Virginia
Cushman & Wakefield | Thalhimer represented the seller, LNR Property, in the $2 million sale of part of 260 Boush Street, a multiuse commercial and residential building in downtown Norfolk. Tidewater Community College is the purchaser of the 37,065-square-foot commercial space on the first floor, plus 99 parking spaces on the second floor of the […]
Va. Tech complex to house biz programs
Fall visitors to Virginia Tech are likely to spot laborers hard at work on the university’s Data and Decision Sciences building, the first of four buildings that will make up the university’s Global Business and Analytics Complex (GBAC) — classroom and living spaces centered around using data to address problems facing bus[...]
The Branch Group names Wilber Chen head of unit
Roanoke-based construction firm The Branch Group has named Wilber W. Chen as president of its G.J. Hopkins | Lacy MEP (manufacturing, electrical and plumbing) business unit, the company announced Friday. Chen comes to Branch with more than three decades of experience in the MEP transportation and heavy civil markets. He will be [...]
The Branch Group moving into former Roanoke Kroger division HQ
Construction company The Branch Group Inc. is relocating its corporate headquarters to a larger building within Roanoke, the company announced Monday. The company sold its current headquarters for $2.9 million in September. It has purchased the former Kroger Co. mid-Atlantic division’s headquarters, a 58,000-square-foot bu[...]
Larger shovel-ready sites key to success
Workers with Franklin County-based Bowman Excavating Inc. have hauled off 250,000 cubic yards of dirt since beginning work last November on Wood Haven Technology Park in Roanoke County, according to Devin Bowman, company vice president. With 30 acres of trees cleared and load after load of dirt scooped away from the berm next to[...]
Va. Tech launches National Security Institute
Virginia Tech has launched a research institute focused on national security with presences in Blacksburg and the Washington, D.C., metro area, the university announced Tuesday. The Virginia Tech National Security Institute aspires to become “the nation’s preeminent academic organization at the nexus of interdiscipli[...]
Roanoke College president to retire in 2022
Michael C. Maxey, the 11th president of Roanoke College, announced Thursday that he will retire at the end of the academic year. Maxey has been with Roanoke College, located in Salem, since 1985 and has served as president since 2007. He has served the longest of any of the college’s presidents, according to a news […]
Va. Tech names real estate program for Blackwoods
Virginia Tech’s real estate program will now be named for the Blackwood family, a familiar name to those in the state’s real estate industry. Willis Blackwood, founder and president of Richmond-based Blackwood Development Co. Inc., his wife, Mary Nolen Blackwood, and their children, Morgan Blackwood Patel and Nolen B[...]
Virginia Tech Transportation Institute taps new executive director
Zachary Doerzaph will become the next executive director of the Virginia Tech Transportation Institute, the university’s largest research institute, effective Oct. 1. “Zac Doerzaph is a nationally recognized transportation researcher with extensive leadership experience in large team projects from different sponsors,” Virg[...]
Branch Group HQ in Roanoke sells for $2.9M
The Branch Group Inc. has sold its Roanoke headquarters building for $2.9 million, Poe & Cronk Real Estate Group announced this week. The 39,016-square-foot building at 442 Rutherford Ave. will remain as the company’s headquarters in a sale-leaseback transaction that allows the construction company to be a tenant. The [...]
Nonprofit news site launches to cover SW and Southern Virginia
Cardinal Press, a new nonprofit digital news service covering Southwest and Southern Virginia, will begin publishing stories in late September, with Dwayne Yancey, former editorial page editor for The Roanoke Times, at the helm as its founding editor. Nonprofit organization Cardinal Productions, incorporated in June, created Car[...]