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Henrico office building sells for $66M
Building is 100% leased by Elevance Health
Richmond-based Kinsale Insurance has sold a 291,000-square-foot Class A office building on Staples Mill Road in western Henrico County for $66 million. The office, located at 2103 Staples Mill Road,
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Richmond lodge appeals court’s casino ruling
Seeks to block casino referendum, with early voting underway
Published
A Richmond nonprofit organization is continuing its effort to block the city’s do-over casino referendum — even though the measure is already on ballots and early voting is underway. Richmond
Henrico shopping center sells for $18.4M
Merchant's Walk anchored by Food Lion, Joann Fabrics and Crafts
Published
Merchant’s Walk Shopping Center in Henrico County has sold for $18.4 million. Qi Lin, a local investor who in 2022 purchased the Southpark shopping center in Chesterfield County for $5.4
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Falwell Jr. lawsuit targets Prevo, Liberty board members
In new complaint, Falwell alleges LU payments 'have appearance of kickbacks'
Published
A legal complaint filed last week by former Liberty University President and Chancellor Jerry Falwell Jr. alleges that President Emeritus Jerry Prevo and members of Liberty’s executive committee received in
Dominion pitches state on $70M battery storage pilot
Cites need for alternatives to in-demand lithium-ion options
Published
Dominion Energy Virginia is asking the state to allow it to test two technologies that it says could lengthen the time its batteries can electrify the grid from an average
U.Va. receives $50M gift from Breeden Co. founder
Alum Ramon W. Breeden Jr.'s gift to be split between biz ed, athletics
Published
Ramon W. Breeden Jr., founder and chair of Virginia Beach-based developer The Breeden Co., has given $50 million to his alma mater, the University of Virginia, to support business education
VCU sets sponsored research funding record
Richmond university's funding totaled $464M
Published
Virginia Commonwealth University set a record for its sponsored research funding — $464.6 million — in fiscal 2023, the Richmond public research university announced Friday. The total is a 14%
Estes trucking subsidiary to buy Minn. supply chain co.
EFW expects revenues of $850M this year
Published
Estes Forwarding Worldwide, a wholly owned subsidiary of Richmond-based Estes Express Lines, plans to acquire Superior Brokerage Services, a Minneapolis-based, single-sourced supply chain company specializing in domestic and international transportation,
Glen Allen shopping center sells for $9.5M
Broad Street Plaza anchored by Michaels craft store
Published
A shopping center anchored by a Michaels craft store in Glen Allen sold for $9.5 million, Cushman & Wakefield | Thalhimer announced. Airport Hotel LLC, of Ellicott City, Maryland, bought
Liberty University partners with Spirit in pilot pipeline program
Partnership comes amid national pilot shortage
Published
Liberty University is partnering with Spirit Airlines in a pipeline program to land aeronautics graduates jobs as pilots amid a national shortage. Spirit, a low-cost airline headquartered in Miramar, Florida,