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Norfolk high rise sells for $27.5 million
The Lafayette, an apartment tower in Norfolk, has sold for $27.5 million, according to Norfolk public records. Philadelphia-based PRG Real Estate Management Inc. purchased the property from Graycliff Capital Partners and Buligo Capital Partners; it is the company’s seventh apartment investment in Hampton Roads, according to Colliers, which brokered the sale. The Lafayette is in […]
HII receives $826M defense contract
Newport News-based Huntington Ingalls Industries will provide technology and other support to the Department of Defense under a $826 million contract. According to a news release, HII’s McLean-based mission technologies division will also provide threat analysis and analytics support as well as operations integration and operational effects support. The work will support Defense Department service […][...]
Top Five July 2022
The top trending stories on VirginiaBusiness.com from June 15 to July 14, 2022, were led by a surprise economic development announcement from a Danish toymaker known for its iconic and colorful interlocking plastic bricks. 1 | Lego to build $1B factory in Chesterfield The Lego Group plans to erect a $1 billion toy manufacturing plant […]
Out and about
Virginia Business held its 17th annual Virginia CFO Awards banquet at The Jefferson Hotel in Richmond on June 16. Sponsored by Truist and Brown Edwards, the event honored 51 CFOs from around the commonwealth, nominated in four award categories, representing a variety of for-profit businesses, nonprofits and government agencies. (See Pages 59-64 for the full […]
BUFFY BAREFOOT
BUFFY BAREFOOT President — Virginia Beach, TowneBank, Virginia Beach Buffy Barefoot describes herself “as a pretty steady Eddie.” During her 27-year career in finance, she has worked for only two companies, and she credits her steady rise to staying in her lane, keeping her nose down and doing the best job she could. “En[...]
DEBORAH JOHNSTON
Deborah Johnston’s father inspired her career path. When she was a child, he encouraged her to pursue a job in nursing for the opportunities it could afford her. “He said, ‘You’ll always have a job. You could join the Air Force and travel the world. But no matter what happens, you’ll always have a job, [&he[...]
2021 Alternative Dispute Resolution
The Hon. Michael C.Allen (ret.) The McCammon Group Ltd. Richmond The Hon. Joanne Alper (ret.) The McCammon Group Ltd. Richmond James W. Barkley The McCammon Group Ltd. Richmond Jeffrey F. Brooke Poole Brooke Plumlee PC Virginia Beach Francis H. Casola Woods Rogers PLC Roanoke The Hon. B. Waugh Crigler (ret.) The McCammon Group Ltd. Richmond […]
Reston’s Stanley Martin Homes breaks ground for RVA condos
Reston-based Stanley Martin Homes broke ground on a new downtown Richmond neighborhood, Carver Square, last month. Located in the city’s Carver neighborhood near Virginia Commonwealth University’s Siegel Center and across from Maggie Walker Governor’s School, Carver Square will feature 90 two-over-two-style garage condominiums on two acres at the corner of Moore and Lombary streets. A […][...]
Virginia ranked No. 23 in the Oxfam America’s 2021 Best States to Work Index
Virginia ranked No. 23 in the Oxfam America’s 2021 Best States to Work Index, continuing its rise from last place in 2019. Anti-poverty organization Oxfam America examines wage policies, worker protections and rights to organize to create its index of the 50 states, Washington, D.C. and Puerto Rico. In 2018 and 2019, Virginia was the […]
Telecommunications
VINCE APRUZZESE PRESIDENT, AT&T VIRGINIA, RICHMOND Apruzzese joined AT&T more than two decades ago in accounts payable and has served in roles ranging from legislative affairs to domestic and international corporate security. As president, he helps set and implement AT&T’s public policy and philanthropic initiatives in Virginia. When the pandemic scrambled everyone’s plans, he says, […][...]
Agriculture
CHAD BALLARD III PRESIDENT, BALLARD FISH & OYSTER CO. Inc., CAPE CHARLES Ballard left his job as an investment banking analyst in 2008 to focus on selling Misty Points, Chincoteague Salts and Littlenecks, oysters and clams that have been his family’s livelihood for five generations, going back more than 125 years. Ballard Fish & Oyster […]
Economic Development
TAYLOR ADAMS DIRECTOR, VIRGINIA BEACH DEPARTMENT OF ECONOMIC DEVELOPMENT, VIRGINIA BEACH Adams’ ability to sell Virginia Beach to both outside and current businesses is evident in the number of expansion announcements he has overseen in the past year. Those announcements include a $15.8 million investment from Acoustical Sheetmetal Co. to expand its Virginia Beach […]
