County to accept women’s business certification
Prince George's County has started accepting Minority Business Enterprise certification through the Women's Business Enterprise National Council, as part of an agreement with the Women President's Education Organization.
The organization has a “sound certification process,” County Executive Rushern L. Baker III (D) said in a statement. “Women-owned businesses are some of the fastest growing, most innovative and creative companies in this region and I believe this ... will encourage more women-owned businesses to conduct business in Prince George’s County.”
The county also accepts certification through the state Department of Transportation, the Washington Metropolitan Area Transit Authority and the Maryland-District of Columbia Minority Supplier Development Council.
Vocus loses $5.2 million, but sales grow 53 percent
Social marketing company Vocus of Beltsville reported a second-quarter net loss of $5.2 million, compared with a $755,000 loss in the second quarter of 2011. Vocus also reported $43.6 million in revenues for the quarter, up 53 percent from $28.5 million in the same time last year.
Much of the larger loss can be attributed to increased operating expenses, which grew to $39.7 million from $24.4 million.
“We are very pleased to report strong [second-quarter] results with revenue growth of 53 percent and better than expected revenue and earnings,” CEO Rick Rudman said in a statement. “We now believe we are one of the largest and fastest growing providers of cloud marketing software to the small and mid-market. Further, the investments we are making in 2012 to increase our sales capacity and expand the breadth of our digital marketing suite will position us well for continued growth and success.”
Firm pays $12M for Landover industrial building
Exeter Property Group of Plymouth Meeting, Pa., paid $12 million for an industrial building in Landover, according to CBRE, which arranged the sale.
NPV Direct Invest of Boston sold 7100 Old Landover Road, a 251,227-square-foot warehouse whose major tenant is the federal Department of Education. The property offers quick access to the Capital Beltway, sitting at the entrance to the Ardwick/Ardmore Industrial Park at Routes 50 and 202.
“In-fill locations, particularly inside the Washington, D.C., beltway such as 7100 Old Landover will be able to maintain high occupancy levels and push rental rates as tenants prefer to locate as close as possible to Washington,” CBRE Senior Vice President Bo Cashman said in a statement.
Checkers opens in Brandywine
A Checkers fast-food restaurant has opened at 7511 Clymer Drive in Brandywine.
This is the Tampa, Fla., burger chain's 11th location in the county and 31st in Maryland.
Names & Notes items may be mailed to Lindsey Robbins, The Gazette, 13501 Virginia Manor Road, Laurel, MD 20707; faxed to 240-473-7501; or emailed to firstname.lastname@example.org.