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Old Point National Bank appoints VP operations
Christopher Hobbs comes from U.Va. Community Credit Union
Hampton-based Old Point National Bank has appointed Christopher Hobbs as its vice president of operations, the bank announced Wednesday. “We are so pleased to have Chris Hobbs join the Old
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Northam appoints members to newly created cannabis boards
Boards will regulate cannabis market and manage equity fund
Published
Virginia Gov. Ralph Northam has appointed members to three newly created oversight boards for the legalization of recreational marijuana, his office announced today. On July 1, Virginia’s adult-use cannabis legislation
Hampton corporate campus sells for $1.95 million
Watson's Petroleum plans expansion
Published
Watson’s Petroleum Equipment Service Real Estate LLC, an entity connected with the petroleum service based in Hampton, purchased a 26,214-square-foot office, manufacturing and warehouse campus on 4.45 acres for $1.95
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Hampton apartments purchased for $2.89M
Pembroke Pines is a 42-unit property
Published
A 42-unit residential property in Hampton was sold for $2,890,000, Cushman & Wakefield | Thalhimer announced last week. Pembroke Pines, at 1625 W. Pembroke Ave., was sold to Pembroke HR
F-22 fighter jet training unit will relocate to Joint Base Langley-Eustis
700 personnel and contractors plus 1,600 dependents to move to Hampton Roads
Published
The U.S. Air Force is relocating the branch’s only advanced training unit for F-22 Raptor fighter jets from Florida to Joint Base Langley-Eustis in Hampton, bringing some 2,300 people to
Smithfield company announces $40M Fort Monroe redevelopment
Plans call for hotel, conference center, revamped marina
Published
Smithfield-based Pack Brothers Hospitality LLC on Wednesday announced plans for a conference center, hotel, 500-seat restaurant and an overhauled 300-slip marina on part of Fort Monroe in Hampton. The company
Hampton Roads multifamily portfolio sells for undisclosed amount
Acquisition includes 856 units
Published
In early April, New Jersey-based Brentwood Investment Group and Greencove Capital Group closed a deal to acquire a multifamily portfolio that includes 856-units for an undisclosed amount. The deal included
Newport News, Hampton launch Peninsula Cares Act Fund
$1.5M revolving loan program open to local businesses
Published
The cities of Hampton and Newport News opened a new low-interest loan program for COVID-affected businesses on Thursday. Known as the Peninsula Cares Act Fund, it will lend a total
Hampton industrial property sells for $1.7M
LLC buys property from Shamrock Manufacturing Co.
Published
G & V LLC has purchased a 44,76-square-foot industrial building situated on 3.71 acres in Hampton for $1.74 million to open a manufacturing operation. The property is located at 315
Hampton University president announces retirement
William R. Harvey to leave in June 2022
Published
After 42 years at the helm, Hampton University President William R. Harvey announced Monday he will retire at the end of June 2022. Harvey is one of the nation’s longest-serving