Posted on 6/27/19
Levco Expands Hampton Roads Holdings
The Heritage at Settlers Landing apartment community in Hampton. Source: Colliers InternationalA Richmond real estate investment firm has expanded further into the Hampton Roads market with . . .
Posted on 6/25/19
Vaping Is Youth “Emergency,” Kaine Says
On Monday, speaking at a Henrico County library just two miles from Altria Group Inc.’s corporate headquarters, U.S. Sen. Tim Kaine held a roundtable discussion about . . .
Posted on 6/24/19
Virginia Unemployment Remains Low
Unemployment in Virginia remains below the national rate indicating a healthy economy.Virginia’s May unemployment rate was 3% — the same as a year ago and in . . .
Posted on 6/21/19
Spruced-Up NoVA Office Park Adding, Relocating Tenants
The Willow Oaks Corporate Center has three buildings. Source: KBSA Northern Virginia office park has landed a new tenant and is relocating two others as demand . . .
Posted on 5/21/19
NoVA Tower Near Amazon HQ2 Gets New Owner
Presidential Tower has sold for $123.2 million. Image: Beacon Capital Partners and David Madison PhotographyAn office tower in Arlington County sitting near Amazon’s HQ2 has a . . .
Posted on 5/10/19
Former School Property Eyed For Apartments In Hampton Roads
A Virginia Beach real estate group with multiple deals in the pipeline has another apartment community in the works that aims in part to provide housing . . .
Posted on 5/9/19
Former School Property Eyed For Apartments In Hampton Roads
A former Virginia Beach school property could soon become a new apartment community.Renaissance Apts. I L.P. bought in April for $4.5 million the vacant 10.6-acre tract . . .
Posted on 5/8/19
Out-Of-State Coworking Firm Adding Third Virginia Location
The coworking game is heating up in Norfolk.On Wednesday, Chicago-based City Center Novel Coworking LLC bought for $4 million City Center at 223 E. City Hall . . .
Posted on 5/7/19
Southern Virginia Shop Sells For $1.3 Million
A dollar store has sold more than a million dollars.DG Lynchburg LLC has purchased for around $1.3 million the 2,600-square-foot Dollar General store at 9781 Red . . .
Posted on 5/2/19
Hampton Roads Brewery Expanding
Photo: Pleasure House Brewing LLCA Virginia Beach beermaker is expanding to a more pleasurable place.Pleasure House Brewing LLC is taking a five-year lease on the 6,768-square . . .
Posted on 4/30/19
Henrico Apartments Fetch $45.6 Million
A Henrico County apartment property is under new ownership after spending just over a month on the market.Capital Square Acquisitions LLC has bought the 20.4-acre Hickory . . .
Posted on 4/29/19
CBRE Taps New Leader For Southern Virginia
Tony Beck is joining CBRE. Source: CBREThe game of musical chairs continues in the real estate scene as a national firm brings on a new leader . . .
Posted on 4/26/19
Group Of Harrison & Bates Brokers Joining Commonwealth Commercial
As a long-time real estate firm pares back its operations, a number of its brokers are swapping jerseys.Commonwealth Commercial Partners LLC has hired five brokers away . . .
Posted on 4/25/19
Coworking Firm Expanding To Hampton Roads
A rendering of the Newport News Gather. Source: GatherA Virginia coworking company is in expansion mode with two new locations planned for Hampton Roads and another . . .
Posted on 4/24/19
Staffing Firm Leases Space In Loudoun
A staffing firm is doubling down on a mixed-used development in Loudoun County.Cynet Systems has leased for five years a 3,306-square-foot space on the seventh floor . . .
Posted on 4/22/19
Fabrication Company Relocating To Floyd
Thomas Industrial Fabrication is relocating to Floyd. Photo: Lydeana MartinAn industrial metal fabricator hopes to tap into the local workforce of the county where the company . . .
Posted on 4/19/19
Virginia Employment Commission Lands New HQ
Brookfield Place Source: ThalhimerA state agency is trading its downtown Richmond digs for a new headquarters across the city line.The Virginia Employment Commission is moving its . . .
Posted on 4/17/19
Hampton Roads Medical Device Firm Raised Money, Expanding
Photo: ivWatch LLCA growing medical device manufacturer has gotten a shot in the arm and finalized a lease for a new Hampton Roads research park, where . . .
Posted on 4/15/19
Report: Dominion, PFG, Gannett Paid No Federal Income Taxes In 2018
Some of Virginia’s biggest companies did not pay any federal income tax this year, according to a new report from a nonpartisan think tank.Dominion Energy, Performance . . .
Posted on 4/12/19
Self-Storage Company Expanding In Roanoke
A self-storage company is in expansion mode in Roanoke.Virginia Varsity Storage Inc. bought for $2.75 million the 93,000-square-foot self-storage and office facility at 1948 Franklin Road . . .
Posted on 4/11/19
Restaurant Group Adding Locations In Central Virginia, Hampton Roads
A restaurant group is hungry for expansion in Hampton Roads and Central Virginia.Boil Bay, a Cajun-style seafood restaurant, plans to open this summer at 1865 Southpark . . .
Posted on 4/10/19
Altria Hopes To Convert JUUL Interest To Voting Securities
Altria Group Inc. announced on Monday it was seeking to convert its JUUL Labs Inc. interest into voting securities and have the right to designate one-third . . .
Posted on 4/9/19
Norfolk Site Nets $2.36 Million
Marina Villa’s LLC bought a 2.8-acre site at 8150 Shore Drive in Norfolk for $2.36 million, city property records show.Marina Villa’s is tied to Portsmouth development . . .
Posted on 4/8/19
Joint Venture Eyes Retail Development In Virginia
An out-of-state joint venture has retail redevelopment plans for Chesterfield County and is on the hunt for other opportunities around the state.In March, LWS Chesterfield Station . . .
Posted on 4/5/19
Chemical Distributor Inks Richmond Lease
A chemical distributor is spilling into Richmond’s industrial market.Brenntag Mid-South Inc. has a five-year lease for a 28,000-square-foot warehouse at 738 Goodes St. in Richmond, says . . .
Posted on 4/4/19
Central Virginia Site Sells For $1.6 Million
Airport Drive Real Estate Investment LLC bought for $1.6 million the Airport Drive Shopping Center at 51-73 South Airport Drive in Henrico County, according to Divaris . . .
Posted on 4/2/19
Central Virginia Site Sells For $1.6 Million
Airport Drive Real Estate Investment LLC bought for $1.6 million the Airport Drive Shopping Center at 51-73 South Airport Drive in Henrico County, according to Divaris . . .
Posted on 4/1/19
German Truck Maker Takes Majority Stake In Blacksburg Tech Firm
One of the world’s largest truck manufacturers has made a growing Virginia firm its co-pilot on its journey to commercialize automated trucks.An agreement has been signed . . .
Posted on 3/29/19
Fredericksburg Property Trades For $2.5 Million
New Home Media bought for $2.59 million a warehouse property in Fredericksburg, according to an announcement from Cushman & Wakefield | Thalhimer.The 39,000-sqaure-foot property sits on . . .
Posted on 3/28/19
Hampton Roads Ford Plant Site Sells Off Another Parcel
The former Ford Motor Company property. Photo courtesy of Colliers InternationalThe former home of a Ford Motor Company plant has sold off another parcel.Eastern Branch Holdings . . .
Posted on 3/27/19
Optimism, Frustration With Real Estate Market, Virginia Poll Shows
Roanoke College February 2019 real estate market survey.Virginians are feeling optimistic about the real estate market, although they are frustrated with low inventories, a new study . . .
Posted on 3/25/19
Software Firm Moving HQ To Downtown Cville
A rendering of 3TWENTY3 courtesy of Cushman & Wakefield | ThalhimerA tech firm is consolidating its headquarters to a single space in downtown Charlottesville less than . . .
Posted on 3/22/19
Roanoke Office Trades For $1.7 Million
The office at 2110 Carolina Ave. SW. Photo courtesy of Waldvogel Commercial Properties Inc.A company has added some skin in the game of Roanoke’s office market.River . . .
Posted on 3/21/19
Restaurants Approved For Waterfront Development
Rendering of Robinson Landing courtesy of EYA LLC.A waterfront mixed-use development under construction in Old Town Alexandria is on track to add some new entrees to . . .
Posted on 3/20/19
Cville Office Condos Net $1.4 Million
Some downtown area office space in Charlottesville has changed hands in a market that has seen limited supply.Two entities tied to Anna Y. Chytla bought for . . .
Posted on 3/19/19
Auto Parts Store Sells For $1.36 Million
Trust Agreement of Fred B. Bisger bought for $1.36 million a freestanding retail building at 6909 Forest Hill Ave. in Richmond, according to Cushman & Wakefield . . .
Posted on 3/18/19
Winchester Property Sells For $3.6 Million
A former outdoors store in Winchester has a new owner with plans to turn the property into a fitness center.WinVA Building LLC bought on Tuesday for . . .
Posted on 3/15/19
Central Virginia Tract Fetches $3.6 Million
A homebuilder plans to develop a residential community on 70 acres in Chesterfield County, close to 26 acres that are under contract for commercial development.HHHunt Communities . . .
Posted on 3/13/19
Central Virginia Office Sells For $7.5 Million
JBW Windsor Investment Company bought for $7.5 million Windsor I, a single-story office flex building at 8550 Magellan Parkway in the Windsor Business Park in the . . .
Posted on 3/13/19
NoVA Apartments Break Ground
A real estate development that’s 10 years in the making is nearing its completion.Wisconsin-based Alexander Company has broken ground on what the company said in a . . .
Posted on 3/11/19
Colonial Heights Broker Settles Rent Scam Allegations
A Colonial Heights real estate broker has agreed to settle allegations he ran afoul of a federal rent subsidy program.Harold Joseph Tyler, the owner of Tyler . . .
Posted on 3/11/19
Family Dollar Adding Central Virginia Location
After announcing plans to close and open hundreds of locations in 2019, a national dollar store chain is adding a new store in Richmond.Family Dollar plans . . .
Posted on 3/8/19
Colonial Heights Broker Settles Rent Scam Allegations
A Colonial Heights real estate broker has agreed to settle allegations he ran afoul of a federal rent subsidy program.Harold Joseph Tyler, the owner of Tyler . . .
Posted on 3/7/19
Danville Man Sentenced On Fraud And Identity Theft Charges
A Danville man has been sentenced to almost a decade in prison on fraud and identity theft charges.Tyrone Dwayne Young, 30, was sentenced Tuesday to 111 . . .
Posted on 3/6/19
Real Estate Firm Adds New Executive
A Hampton Roads real estate firm has added a new executive.Norfolk-based S.L. Nusbaum Realty Co. announced Tuesday the hiring of Andrew M. Pegalis in the real . . .
Posted on 3/5/19
Short Pump Area Apartments Sold
An out-of-state buyer has scooped up some prime real estate in the Richmond area.Georgia-based multifamily developer and investment firm Pollack Shores Real Estate Group said in . . .
Posted on 3/5/19
Multifamily Portfolio Under New Management
A portfolio of Hampton Roads multifamily communities is under new management.S.L. Nusbaum Realty Co. is now managing Marathon Development Group’s portfolio of 15 multifamily communities in . . .
Posted on 3/4/19
Hampton Roads Outparcel Fetches $1.07 Million
One of Hampton’s biggest redevelopment projects is adding more retail space.Prayosha Hampton Retail LLC bought for $1.075 million an outparcel at Peninsula Town Center at 2033 . . .
Posted on 3/1/19
New Apartments Planned For Chesterfield, Richmond
An Alabama-based firm is set to bring hundreds of new apartments to the Richmond area.An affiliate of Liv Development bought last week the 9.34-acre parcel at . . .
Posted on 2/28/19
NoVA Shopping Center Trades
A week after announcing plans to open its first full-service office in Virginia, Federal Realty Investment Trust said it had closed on a 75,000-square-foot shopping center . . .
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