More Stories
Virginia Beach office buildings sell for $15.8M
The three buildings are in Pembroke Office Park
Published
Three buildings in the Pembroke Office Park in Virginia Beach sold for $15.77 million, S.L. Nusbaum Realty Co. announced Monday. Pembroke Buildings Four, Five and Six total 167,660 square feet. Pembroke Office Park is a 300,000-square-foot park with five multitenant office buildings. Seminole Trails Properties LLC bought the buildings. Stephanie Sanker, a certified commercial investment
Roanoke construction firm to renovate Homestead’s Warm Springs Pools
Lionberger Construction Co. selected to restore nation's oldest spa structure
Published
Roanoke-based Lionberger Construction Co. has been selected as the general contractor to renovate The Omni Homestead Resort’s historic Warm Springs Pools, Omni Hotels & Resorts announced Monday. The contractor will restore the men’s and ladies’ bath houses at the formerly named Jefferson Pools and the reception house of The Omni Homestead Resort to their 1925
Advertisement
PAE wins $74.2M contract to support Marine base in Japan
Falls Church defense contractor will provide maintenance services for base facilities
Published
Falls Church-based defense and government services contractor Pacific Architects and Engineers Inc. (PAE) was awarded a potential $74.2 million contact to run base operating support services at U.S. Marine Corps Air Station Iwakuni, Japan, providing maintenance and repair services for base facilities, grounds and family housing, including custodial services and wastewater operations. The contract from
Arlington federal contractor acquires Alexandria tech firm
Planned Systems International purchases ProSphere Tek
Published
Arlington-based IT services federal contractor Planned Systems International Inc. acquired Alexandria-based technology company ProSphere Tek Inc., it announced Thursday. Financial details of the transaction were not disclosed. Founded in 2006, federal contractor ProSphere designs and maintains mission-critical systems, supports data center operations and migrates business services to public clouds. PSI valued its network/cloud operations and
Va. Beach apartment complex where Pharrell lived sells for $24.5M
Atlantis Apartments will undergo $15M overhaul
Published
The Virginia Beach apartment complex where music superstar Pharrell Williams lived until he was 7 has been sold for $24.5 million to Fairstead, a New York-based real estate company focused on sustainable development and affordable housing. The company announced Thursday that it plans a $15 million overhaul of the Atlantis Apartments in Virginia Beach’s Seatack
Yorktown’s Duke of York Hotel sells for $3M
Built in 1965, hotel will receive renovations, name change
Published
The Duke of York Hotel in Yorktown sold for $3 million, M.A. Bowry & Co. announced July 2. Built in 1965, the 57-room, 26,084-square-foot, limited-service hotel is located on the York River. It will remain open as the company renovates it. Crockett Enterprises LLC sold the hotel to a limited liability company connected to M.A.
James City County industrial building sells for $2.67M
Design Masters building will house The Drying Co.
Published
The Design Masters building in James City County sold for $2.67 million, Cushman & Wakefield | Thalhimer announced Wednesday. Tetreault Holdings Inc. bought the 40,000 square-foot-building from Friendship Partner as an investment for their contracting business, The Drying Co./ThermalTec, according to the news release. The industrial building is located in Toano at 3005 John Deere
Shield AI acquires Alexandria-based defense contractor
Companies creating AI pilots for military aircraft
Published
Alexandria-based defense contractor Heron Systems Inc. was acquired by San Diego-based technology company Shield AI, according to announcement Thursday from Shield AI. Financial details of the transaction were not disclosed. The companies will work on the deployment of artificial intelligent pilots for military aircraft. Shield AI is applying self-driving car technologies to military aircraft, according
Danville apartment complex sells for $7.85M
100-unit Turnpike Townhomes is on Franklin Turnpike
Published
Danville Investors LLC sold the 100-unit Turnpike Townhomes for $7.85 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday. Turnpike Townhome Apartments LLC purchased the apartments at 1300 Franklin Turnpike, as well as parcels of adjacent vacant land, on June 21. Clay Taylor, a certified commercial investment member, of Cushman & Wakefield |
John Tyler Community College renamed Brightpoint
Slaveholding, Confederacy-supporting namesake didn't reflect institutional values, college said
Published
John Tyler Community College will become Brightpoint Community College after receiving unanimous approval from the Virginia Community College System state board in its Thursday meeting. On July 8, John Tyler Community College President Edward “Ted” Raspiller announced that he had recommended Brightpoint Community College as the school’s new name to the state board. The Chester
