Boosting its 2015 acquisition total to $130 million, a real estate firm purchased a Manchester apartment complex on Dec. 31 and is moving its headquarters from Innsbrook to the Bottom.
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Trading Day: Local SEC filings for Jan. 14, 2016
An investment firm continues its streak of buying shares of a local bank, CarMax files its latest quarterly report and Media General comes to terms with Nexstar to be acquired.
Pleasants Hardware nails down sale
A Virginia Beach hardware retailer is taking over the long-standing local chain, and its plans to relocate its flagship store to a new location on West Broad have been axed.
Communication firm launches with dash of comedy
A communications professional and part-time comedian — the host of a popular local late-night comedy show — is blending his two roles in a new startup that he launched last week.
Bank carves out spot in Northern Va.
In the competitive Northern Virginia market, a local bank is expanding into its first full-fledged branch in Fairfax and is eyeing further expansion in the area and in Richmond.
Reservation startup hitches onto Uber’s success
Hoping to fill a gap in on-demand ride hailing services, a group that includes two local Uber drivers is rolling out a complementary app that lets users reserve rides ahead of time and handpick drivers.
Media General trapped in acquisition tug-of-war
With two different deals lined up and the company and its board of directors on opposite teams, Media General is stuck in M&A limbo.
Coffee shop and donut chain open doors near VCU
A local tobacco company’s new cafe venture launched late last month on Broad Street in VCU territory, and just up the street local Dunkin’ Donuts franchisees with big expansion plans quickly got their shop up and running.
The Pipeline: Commercial real estate roundup for Jan. 8, 2016
A Pipeline chock-full of deals and leases after the break, including sales of a Hopewell office building and industrial space near the Diamond and leases for DaVita Healthcare, a Manchester recycling company, Starbucks and more.
Burger joint opens on Boulevard, with dessert on the way
The newest venture by local restaurateur Chris Tsui opens today on North Boulevard, and ice cream chain Gelati Celesti announced yesterday that it will be moving in nearby.