Northrop Grumman running late on Va. computer work (Times-Dispatch) Not a single state agency’s computer system was transformed by the deadline Virginia and its politically connected contractor have worked toward for the past three years, under a $2.3 billion contract. And key audits of the contractor, Northrop Grumman Inc., have been months late — in… Read more »
Aaron Kremer
Aaron Kremer is the founder of Richmond BizSense. Email him at [email protected].
Office Sense: Odell Associates Inc.
Commercial brokerage disbanding
Seven GVA Advantis brokers left the troubled firm last week and are starting an affiliate of a new firm. Leading the pack is Charles Polk, who was GVA’s all-time top-producing broker.
NewsFeeds 6.21.09
Council looks at landfill sale (Petersburg Progress-Index) City Council could sell the landfill tonight. Several questions were raised about the possible sale, including the impact on the environment, the impact on citizens and whether other businesses would be able to bid on the property. ‘Chrysler made a big mistake’ – one dealer’s story (Fortune) For… Read more »
GVA boss says he didn’t see the slow-down coming
The man who bought GVA Advantis last year didn’t foresee such a severe recession — one that has hammered the sort of real estate transactions that drive profits at commercial brokerages. With surprisingly frank quotes in a great Washington Business Journal article, Jeff Neal said that transaction volume is down from 60 to 90 percent… Read more »
Monday Q&A: Starting a law firm with 30 days notice
After getting laid off from one of the larger firms in town, Eric Perkins weighed the options and then started his own firm. Now he has a new appreciation for some of the challenges his clients face.
NewsFeed 6.20.09
New set of problems for Marquis (Virginia Gazette) York County may take control of a Williamsburg shopping enter and sell it to pay off the bonds that helped build the infrastructure. The current lender for The Marquis, a center with a Best Buy and Target, is CIT. Former GVA Advantis brokers land new jobs (Virginian-Pilot)… Read more »
NewsFeed 6.17.09
Richmond vacant-property owner is convicted (Times-Dispatch) A judge convicted a Richmond property owner of 16 charges yesterday, bringing to more than 165 his total convictions for failure to meet city property standards. Indian truck line is the new kid in town (Virginian-Pilot) Unless you drive one of its tractors, Mahindra & Mahindra Ltd. is an… Read more »
Richmond reacts to possible sale of Ukrop’s
Richmonders are already acting like Ukrop’s has sold. In part that’s likely because the rumors sound so plausible. Indeed, dozens of business owners and other leaders have said they were not surprised. And for the first time, the company has released a short statement.
NewsFeeds 7.16.09
Hampton Roads Bankshares names new CEO (Virginian-Pilot) The Norfolk-based parent of Bank of Hampton Roads, Gateway Bank and Shore Bank said it tapped John A.B. “Andy” Davies, who headed Virginia Beach Savings Bank in the 1990s. Davies later became president of the Virginia market of Rocky Mount, N.C.-based Centura Bank before departing in 2004 to… Read more »