Advertisement

Header Utility Menu

  • Subscribe
  • Advertise
  • Contact Us
  • Events

LinkedIn Facebook Twitter Instagram Get Our App

  • Login

Virginia Business

Mobile Menu

  • Issues
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Startups
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • 2022 Virginia Business Political Roundtable
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read The Issue
    • Power Up Virginia 500
    • Buy an award plaque
    • Suggest execs for 2023

Advertisement

Header Primary Menu

  • Issues
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • Issues Archive
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Startups
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • 2022 Virginia Business Political Roundtable
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read The Issue
    • Power Up Virginia 500
    • Buy an award plaque
    • Suggest execs for 2023

Home News For the Record For the Record – Central Virginia, October 2013

For the Record – Central Virginia, October 2013

Published September 27, 2013 by Virginia Business

The 1-million-square-foot  Amazon  distribution center in Chesterfield County has a new owner. An affiliate of Cole Real Estate Investments entered into an agreement of purchase and sale on July 31 to acquire the center from affiliates of USAA for $81.3 million, according to a filing with the Securities and Exchange Commission. Cole affiliates also bought a similar-size Amazon fulfillment center in Murfreesboro, Tenn., for $69.1 million. (VirginiaBusiness.com)

 Dominion Virginia Power  won the right to develop the first wind energy farm off the Virginia coast in a federal lease auction with a bid of $1.6 million. Fully developed, the 112,799-acre lease could generate 2,000 megawatts, which would be enough energy to power more than 700,000 homes, according to the federal Bureau of Ocean Energy Management. (Richmond Times-Dispatch)

 Essex Ban k, a subsi diary of Glen Allen-based Community Bankers Trust Corp., has signed a deal to sell four of its Georgia offices to Atlanta-based Community & Southern Bank (CSB) for about $5.2 million. Essex Bank will sell approximately $192 million of related deposits to CSB, a bank with 34 locations in Georgia.  The bank will not sell any loans to CSB.  The transaction is expected to close in the fourth quarter of 2013. (VirginiaBusiness.com)

The Washington Redskins are partnering with Richmond-based Health Diagnostic Laboratory Inc. to provide advanced testing and counseling services to help, players, coaches and staff find out if they are predisposed to cardiovascular disease, diabetes and other related diseases. Financial terms of the sponsorship are not being disclosed. The one-year deal, with an option for two additional years, includes branding opportunities for HDL at FedExField in Landover, Md., and at the Bon Secours Washington Redskins Training Center in Richmond. (VirginiaBusiness.com)

A University of Virginia panel has proposed that the institution break many of its ties with the state government and operate more like a private school. Such an arrangement — which would need state lawmakers’ approval and likely would meet opposition — would allow Virginia’s flagship public school the freedom to more easily increase tuition and accept more top-tier students from across the country and the world. (The Washington Post)

An 18-story office tower at 700 E. Main St. in downtown Richmond will be converted into two hotels — one, a regular hotel, and the other for extended stays. Chester-based Shamin Hotels, one of the region’s largest hotel operators, will put a 144-room Hampton Inn & Suites and a 100-room Homewood Suites in the building. Both hotels are Hilton brands. The opening is targeted for the beginning of 2015. (Richmond Times-Dispatch)

A $10 million gift from a Connecticut couple who graduated in 1986 will lead to The Queally Center for Admission and Career Services, a $12 million center for admission and career services at the University of Richmond. The $10 million lead gift came from Paul and Anne-Marie Queally, who live in New Canaan, Conn. They have given a total of $20 million to the University. Paul Queally, a university trustee, is co-president of the investment firm Welsh, Carson, Anderson & Stowe. (VirginiaBusiness.com)

The University of Virginia ranked first among the Princeton Review’s list of top 10 best values for public colleges. Six other Virginia universities were listed among the publication’s 75 best values for public colleges including Longwood University in Farmville. The University of Richmond made Princeton’s list of 75 best values for private colleges. The lists are based on data collected from fall 2011 through fall 2012 through institutional and student surveys. (VirginiaBusiness.com)

Reggae musician Frederick “Toots” Hibbert has filed a $20 million lawsuit against Venture Richmond and Metropolitan Richmond Sports Backers Inc. over injuries suffered when he was hit by a bottle while performing at a Richmond concert May 18. The lawsuit filed in Richmond Circuit Court also names Strawberry Street Event and Concessions, which sold alcoholic beverages among other concessions at the outdoor Dominion Riverrock concert on Brown’s Island, and Regional Marketing Concepts Inc., which provided private security for the event. (Richmond Times-Dispatch)

Related Stories

Virginia Business logo

For the Record – Northern Virginia, June 2013

Virginia Business logo

Applications being accepted for cybersecurity accelerator program

Virginia Business logo

For the Record – Shenandoah Valley, October 2013

Trending

Norfolk’s MacArthur Center mall listed for sale

Making strides

Fort Monroe development moving forward

Danville lacks housing options for workforce

Manassas company to develop short takeoff, landing aircraft for Air Force

Sponsored Stories

What Logistics issues will have the biggest impact on you in 2023?

In the New Year, Aim for Better Cybersecurity

4 innovative ways to create capacity

WHERE IS THE SUPPLY CHAIN WHEN YOU NEED IT?

P.A.I.N.T. Your Financial Mountain

5 Benefits of Treasury Management Services from Atlantic Union Bank

Blazing trails in the digital landscape

Advertisement

Advertisement

Trending

Norfolk’s MacArthur Center mall listed for sale

Making strides

Fort Monroe development moving forward

Danville lacks housing options for workforce

Manassas company to develop short takeoff, landing aircraft for Air Force

Sponsored Stories

What Logistics issues will have the biggest impact on you in 2023?

In the New Year, Aim for Better Cybersecurity

4 innovative ways to create capacity

WHERE IS THE SUPPLY CHAIN WHEN YOU NEED IT?

P.A.I.N.T. Your Financial Mountain

5 Benefits of Treasury Management Services from Atlantic Union Bank

Blazing trails in the digital landscape

Get Virginia Business directly on your tablet or in your mailbox!

Subscribe to Virginia Business

Advertisement

Advertisement

Footer Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Footer Secondary Menu

  • Industries
  • Regions
  • Reports
  • Company News
  • Events

Sign Up For Our Newsletter

Sign Up

LinkedIn Facebook Twitter Instagram Get Our App

Privacy Policy Cookie Policy

Footer Utility Menu

Copyright © 2023 Virginia Business. All rights reserved.

Site Maintained by TechArk