Thompson Davis Asset Management has purchased the Barrett House in downtown Richmond from Ashvin LLC for $1,140,000. The investment research company will utilize the 8,000-square-foot building as a corporate headquarters. Thalhimer/Cushman & Wakefield handled the sale negotiations. More.
The Virginia Division of International Trade is organizing a trade mission to Saudi Arabia. Thanks to a weaker U.S. Dollar, higher oil prices, and an aggressive modernization program, Saudi Arabia is importing a record amount of U.S. goods, materials, and services. The trade mission includes a visit to Riyadh, the capital of Saudi Arabia. The group also will travel to Dammam, the center of Saudi Arabia's petroleum industry. A customized schedule of meetings with potential distributors and customers is organized for each participant. More.