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Fourth-quarter data provide snapshot of state’s major commercial real estate markets
Relocations, expansions and government incentives gave commercial real estate a boost in the fourth quarter in Virginia, according to market reports of JLL. In its year-end review, the commercial real estate services firm reports on vacancy rates and the major trends in office markets. Here are a few highlights: Northern[...]
Bold Rock Cider opens tasting room in Nelson County
In the midst of Virginia’s recent craft-brewery boom, one company in Nelson County has made a name for itself for making hard cider instead of beer. A slight detour on the Brew Ridge Trail — a map connecting six breweries near Charlottesville — brings visitors to the home of Bold Rock Hard Cider in Nellysford. A n[...]
Next-generation banking
Walk into Essex Bank’s new Deep Run branch and headquarters outside Richmond, and you’ll be immediately struck by the lack of institutional features. There are no long teller lines and no loan officers sitting at desks. The atmosphere is bright and open, punctuated by semicircular “pods” outfitted with table[...]
Making their move
Starting a company has become the dream of many young Americans. A study released last year, “Millennials and the Future of Work,” found that 71 percent of 20- and 30-somethings today want to quit their jobs and work for themselves. “Two decades ago, if someone came out of college and said they wanted to be[...]
A push toward success
While students were sitting down for midterms in late March, a different kind of classroom was just starting its semester. Instead of professors, it is business and technology experts who carefully coach these select students to head out into the world poised to rake in millions of dollars. Instead of finals, this June they will be[...]
Loudoun streamlines approval process for data centers
Loudoun County has streamlined the process for data centers to establish themselves in the county. The county’s Board of Supervisors has approved a zoning amendment that adds data centers as a permitted use under five of the county’s commercial zoning districts. “The approval of the zoning amendment will reduc[...]
Ad agency finds many uses for Google Glass
I have seen the future. Fortunately, I was not driving at the time, or I might have had a wreck. Thanks to the generosity of Daniel Fell, the CEO of the Richmond-based advertising, marketing and public relations firm Neathawk Dubuque & Packett, I recently got a chance to try on the Google Glass. This invention, as[...]
Net gain or loss?
What if they held a war and no one showed up? For months the media has portrayed the recent net neutrality debate as a cold war, pitting streaming entertainment giant Netflix against mega-Internet service providers such as Verizon and Comcast. Then abruptly in February, a peace treaty of sorts was signed when Netflix and Comcast an[...]
The verdict on legal technology
On a trip to a LeClairRyan regional office a few years back, David C. Freinberg, the firm’s CEO, was surprised by the lack of activity he found in the law library. “Nobody was in there, and I wondered, ‘Has our business slowed down and nobody wants to tell me?’” Freinberg recalls. “Fortunately, I[...]
Four Virginia companies make Fortune list of top employers
Four Virginia-based companies have been named to Fortune magazine’s annual list of 100 best employers. The companies are Henrico County-based CarMax Inc., No. 54; McLean-based Mars Inc., No 76; McLean-based Capital One Financial Corp., No. 85; and Vienna-based Navy Federal Credit Union, No. 96. CarMax moved up 20 places from No[...]
Virginia Tech institute tests automated vehicle technologies
Sometime in the 2040s, your son or daughter is running late for a meeting across town. They pull up an app on their implanted smart device and find the nearest available driverless vehicle. The pod-like conveyance pulls up and waits for its passenger, like a theme park ride. The automated taxi drops the rider off at the appointed des[...]
For the Record – December 2013
SOUTHERN VIRGINIA Danville Community College garnered six awards, including two each of first, second and third place awards, at the 2013 National Council for Marketing and Public Relations District II Medallion Awards competition held at Hilton Head Island, S.C. The annual awards were presented for outstanding achievement in marke[...]
James Madison teams rise to Google challenge
Besides providing answers to life’s most unexpected questions, Google has another purpose — advertising. Earlier this year James Madison University students helped businesses and nonprofits promote themselves as part of Google’s Online Marketing Challenge. In the end, JMU snatched three of the top 12 awards in the[...]
Mars recognized as one of world’s Best Multinational Workplaces
Mars Inc. said Wednesday that it has been recognized as one of the World's Best Multinational Workplaces by Great Place to Work. The ranking identifies the top 25 best multinationals in terms of workplace culture. Ranked 22 this year, Mars' position rose by 3 places compared to 2012. The No. 1 ranked company was Google, based[...]
Google to invest in Silver Ridge Power solar project
Google Inc. will invest about $103 million in a California solar power project owned by Arlington-based Silver Ridge Power LLC. With the investment, Google, based in Mountain View, Calif., will become a partner in the 265.7 megawatt Mount Signal Solar project. The project, also known as Imperial Valley Solar 1, is a utility-scale[...]
Four Virginia companies make Fortune list of top employers
Four Virginia-based companies have been named to Fortune magazine’s “100 Best Companies to Work For.” No. 56: Fairfax County-based Navy Federal Credit Union, which has 8,734 employees and has seen one-year job growth of 9.7 percent. No. 74: Henrico County-based CarMax, with 16,455 employees and a job growth of 6 percent. No[...]
