JLL Reports Hampton Roads, Virginia Transactions Totaling More Than 502,000 Square Feet

7/20/16

JLL has completed several transactions in the Hampton Roads market totaling 502,285 square feet. The transactions include the following:

TENANT REPRESENTATION

U.S. Port Services, Inc. leased 120,000 square feet at 3050 and 3100 A Elmhurst Lane in Portsmouth, VA. Gregg Christoffersen and Landon Hinton of JLL represented the tenant.

U.S. Port Services, Inc. leased 100,000 square feet at 2235 Barraud Avenue in Norfolk, VA. Gregg Christoffersen and Landon Hinton of JLL represented the tenant.

Health Net Federal Services, LLC extended its lease of 54,836 square feet at 514 Butler Farm Road and 1000 Lucas Way in Hampton, VA. Wesley Edwards, Jason Goff, Micki Strain and Scott Panzer of JLL represented the tenant. Deborah Stearns and Gregg Christofferson of JLL represented the building owner.

Health Net Federal Services, LLC extended its lease of 21,100 square feet at 241 Enterprise Drive in Newport News, VA. Wesley Edwards, Jason Goff, Micki Strain and Scott Panzer of JLL represented the tenant.

YWCA South Hampton Roads leased 6,600 square feet at 500 Plume Street in Norfolk, VA. Deborah Stearns and Christine Young of JLL represented the tenant.

T. Parker Host, Incorporated extended its lease of 3,602 square feet at 2200 Broening Highway in Baltimore, MD. Erin Corrie of JLL represented the tenant.

Nosmiat, LLC renewed its lease of 1,400 square feet at 237 Hanbury Road East in Chesapeake, VA. Landon Hinton of JLL represented the tenant.

Lineage Wealth Management, Inc. renewed its lease of 1,129 square feet at 500 East Main Street, Suite 1110 in Norfolk, VA. Wesley Edwards and Deborah Stearns of JLL represented the tenant.

The Artemus Group, LLC leased 1,038 square feet at 207 Business Park Drive in Virginia Beach, VA. Erin Corrie and Christine Young of JLL represented the tenant.

AGENCY LEASING

Engility Corporation renewed its lease of 39,935 square feet at 804 Greenbrier Circle in Chesapeake, VA. Wesley Edwards of JLL represented the building owner.

DRS Technologies, Inc. extended its lease of 27,964 square feet at 825 Greenbrier Circle in Chesapeake, VA. Christine Young of JLL represented the building owner.

Flexible Benefit Administrators, Inc. renewed its lease of 13,355 square feet at 509 Viking Drive in Virginia Beach, VA. Wesley Edwards of JLL represented the building owner.

Expeditors International of Washington, Inc. renewed its lease of 12,629 square feet at 2550 Ellsmere Avenue in Norfolk, VA. Christine Young of JLL represented the building owner.

Southeastern Physical Therapy leased 4,843 square feet at 2117 McComas Way in Virginia Beach, VA. Deborah Stearns of JLL represented the building owner.

NBRL extended its lease of 2,081 square feet at 101 W Main Street in Norfolk, VA. Deborah Stearns and Wesley Edwards of JLL represented the building owner.

Selg Insurance, LLC leased 1,773 square feet at 2500 Almeda Avenue in Norfolk, VA. Gregg Christoffersen and Landon Hinton on JLL represented the building owner.

SALES

Continental Pickett’s Line, LLC and WLT, LLC sold a 90,000-square-foot property at 275 Pickett’s Line in Oakland Industrial Park in Newport News, VA. Gregg Christoffersen of JLL arranged the sale.

Vico Construction Corporation sold 22 acres to KW KVE at 4001 S. Military Highway in Chesapeake, VA. Gregg Christoffersen and Erin Corrie of JLL represented the seller.

About JLL

JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 280 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $58.3 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.