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Biz Beat Roundup Sponsorship
Skechers plans to open its Fredericksburg store by March 6. The 8,700-square-foot store will be at 1370 Carl D. Silver Parkway in Central Park near Hobby Lobby.
- Median housing prices in the Fredericksburg region increased 7 percent to $462,000 in January compared to the same month in 2024, according to data from the Fredericksburg Area Association of Realtors (FAAR). Homes spent about 38 days on the market before going under contract on average. Stafford County had the highest median sales price in January at $529,000, followed by King George County ($520,000), Fredericksburg ($510,000), Spotsylvania County ($438,530), Orange County ($399,999), Caroline County ($379,900) and Colonial Beach ($362,500).
- Forty-five homes sold in the regional market last week, according to FAAR data. The list includes a $1 million-plus sale on Poplar Road in Stafford. Check back weekly for the new list.
- A new record store called BUMRUSH Vinyl Shop is planned by mid-March at 2225 Plank Road in Fredericksburg’s Route 3 Village Center.
- Three longtime local leaders who will soon retire — Germanna Community College President Janet Gullickson, Rappahannock United Way President Janel Donahue and Community Foundation of the Rappahannock River Region Executive Director Teri McNally — will be honored at the Fredericksburg Regional Chamber of Commerce’s “Local Legends” event March 26 at the Jepson Alumni Executive Center.
- Stafford’s economic development scene is the subject of this week’s Biz Beat Clips episode.
- Incoming Mary Washington Healthcare CEO Chris Newman is the subject of this month’s Biz Beat Banter episode.
- Johnson Realty Advisors reports helping to broker the following recent leases:
- Martina Hunt, 300 square feet of retail space at 4528 Plank Road in Spotsylvania
- Virginia Landscape Management, 12,000 square feet of industrial space at Homestead Industrial Park in Caroline
- Amentum, 43,200 square feet of industrial space at 5160 Lad Land Drive in Spotsylvania
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Future location of The Barking Barley
Preliminary construction has started at The Barking Barley, a dog-friendly eatery and beer garden at 1515 Olde William St. in Fredericksburg.
- Two industrial condos totaling 47,680 square feet at 3550 Lee Hill Drive in Spotsylvania recently sold for a total of approximately $6.7 million, according to purchaser and broker Johnson Realty Advisors. The two condos are leased to Gemaire Distributors (16,000 square feet) and Foundation Building Materials (31,680 square feet).
- The City of Fredericksburg issued certificates of occupancy last week to Fredericksburg International Christian Church at 1915 Charles St., and to Protect Each One Consulting LLC at 501 Westwood Office Park.
- A new restaurant called Thai Love is planned in Fredericksburg’s Eagle Village shopping center near the University of Mary Washington Police Department.
“Biz Beat Roundup” runs every Wednesday morning and includes a roundup of business news from around the Fredericksburg region. Send submissions to: [email protected]
