JLL Reports Hampton Roads, Virginia Transactions Totaling More Than 412,000 Square Feet

9/28/16

JLL has completed several transactions in the Hampton Roads market totaling 412,611 square feet. The transactions include the following:

TENANT REPRESENTATION

Health Net Federal Services leased 54,836 square feet at 514 Butler Farm Road in Hampton, VA. The tenant was represented by Wesley Edwards and Deborah Stearns of JLL. Gregg Christoffersen of JLL represented the building owner.

Health Net leased 21,100 square feet of industrial space at 241 Enterprise Drive in Newport News, VA. Wesley Edwards of JLL represented the tenant.

WESCO Distribution Inc. extended its lease of 14,400 square feet at 909 Ventures Way, Chesapeake, VA. Erin Corrie of JLL represented the tenant.

AGENCY LEASING

Sunrise Global Marketing, leased 218,680 square feet at 2600 International Parkway in Virginia Beach, VA. Deborah Stearns and Gregg Christoffersen of JLL represented the building owner.

Architectural Graphics, Inc. leased 50,000 square feet at 2600 International Parkway in Virginia Beach, VA. Deborah Stearns and Gregg Christoffersen of JLL represented the building owner.

OVM Financial, Inc. renewed and expanded its lease of 25,495 square feet at 816 Greenbrier Circle in Chesapeake, VA. Christine Young and Wesley Edwards of JLL represented the building owner.

Frontier Technology renewed and expanded its lease of 7,038 square feet at 870 Greenbrier Circle in Chesapeake, VA. Christine Young and Deborah Stearns of JLL represented the building owner and Wes Edwards of JLL represented the tenant.

Sentara Healthcare leased 6,786 square feet at 1501 Crossways Blvd. in Chesapeake, VA. Christine Young and Wesley Edwards of JLL represented the building owner.

John S. Connor, Inc. renewed and expanded its lease of 4,287 square feet at 814 Greenbrier Circle in Chesapeake, VA. Christine Young and Wesley Edwards of JLL represented the building owner.

Wells Fargo leased 4,260 square feet at 860 Greenbrier Circle in Chesapeake, VA. Christine Young of JLL represented the building owner.

Anchor Financial leased 3,030 square feet at 870 Greenbrier Circle in Chesapeake, VA. Christine Young and Deborah Stearns of JLL represented the building owner.

Boyd and Boyd leased of 1,372 square feet at 101 W. Main Street in Norfolk, VA. Deborah Stearns and Wesley Edwards of JLL represented the building owner.

Compass Marine Group, LLC leased 1,326 square feet at 101 W. Main Street in Norfolk, VA. Deborah Stearns and Wesley Edwards of JLL represented the building owner.

SALES

Duke Street Warehouse, LLC sold the property at 1501 LaSalle Avenue, 915 Duke Street and 1610 Chestnut Street in Portsmouth, VA. Erin Corrie of JLL arranged the sale.

Campus Crusade for Christ, Inc. sold the property at 750 City Center Boulevard in Newport News, VA. Deborah Stearns and Gregg Christoffersen of JLL arranged the sale.

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 $59.1 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.