Posted on 3/10/21
Hilton Grand Vacations to Acquire Diamond Resorts
ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Inc. (NYSE:HGV) today announced that it has entered into a definitive agreement to acquire Diamond Resorts International, Inc. from funds managed . . .
Posted on 3/10/21
MCA Architecture Acquires KOP Architects
Baltimore-based MCA Architecture announced Tuesday it has acquired KOP Architects of Richmond.Financial terms of the transaction were not disclosed. MCA already has offices in Pennsylvania, Maryland . . .
Posted on 3/10/21
Newport News Hampton Inn & Suites Sells for $9M
Cushman & Wakefield | Thalhimer is pleased to announce the sale of Hampton Inn & Suites, 12251 Jefferson Avenue, in Newport News, Virginia. Shamin Hotels purchased . . .
Posted on 3/9/21
CoStar Group To Expand Operations in Richmond
CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces, has announced that it has subleased an additional 51,000-square-foot . . .
Posted on 4/7/21
Citybiz Interview with Eric Derector, Partner Quest Builders Group
Eric Derector, Principal, has 25 years of experience in the real estate and construction industry. Mr. Derector’s
Posted on 3/9/21
uBreakiFix Grows Franchise Footprint In Washington, D.C.
WASHINGTON, March 09, 2021 (GLOBE NEWSWIRE) -- Electronics repair shop uBreakiFix is now open in Brentwood, a neighborhood in northeast Washington, D.C., at 2300 Washington Place . . .
Posted on 3/9/21
Maryland Oncology Hematology Chooses 810 Bestgate Road In Annapolis For Inaugural Location Serving Anne Arundel County
Location in building developed by St. John Properties. Inc. represents 14th for Maryland-focused medical group providing range of chemotherapy and related services Maryland Oncology Hematology, a . . .
Posted on 3/9/21
Grotech Ventures Lead $10 Million Series A for Rent Ready
Rent Ready, a Charlotte, N.C.-based services platform that uses technology to deliver an end-to-end make-ready service for apartment communities, raised $10m in Series A funding.
Posted on 3/9/21
Industrial Property Sold in Chesapeake
Cushman & Wakefield | Thalhimer is pleased to announce the sale of 2278-2280 Steppingstone Square in Chesapeake, Virginia.2280 Steppingstone LLC purchased two 12,000-square foot office/warehouse condo . . .
Posted on 3/9/21
Cushman & Wakefield | Thalhimer Commercial Portfolio Manager Earns CPM Designation
Cushman & Wakefield | Thalhimer is pleased to announce Alexandra Mitchener achieved the CPM designation from the Institute of Real Estate Management. The CPM designation is awarded to managers . . .
Posted on 3/9/21
Senior Living Community Announced for Virginia Beach
Pembroke Realty Group and Beth Sholom Village have announced a new senior living community in the works for Virginia Beach.Located at the corner of Jeanne Street . . .
Posted on 3/9/21
Richmond Property Sells for $1.9M, Leased to Starbucks
A Richmond property located at 2305-2309 West Broad Street sold for $1.9 million and was subsequently leased by Starbucks Corp.Lee Hall Plaza Inc. purchased the property, . . .
Posted on 3/9/21
Arlington Intends to Extend Ground Leases for Courthouse Plaza
Arlington County and developer JBG Smith have entered into a letter of intent to restructure three ground leases that JBG Smith holds on government-owned land for . . .
Posted on 3/9/21
Capital Square Buys Apartments in Gainesville
Henrico County-based real estate investment company Capital Square has acquired SomerHill Farms apartments in the Gainesville area of Prince William County for an undisclosed amount.Located at . . .
Posted on 3/8/21
COPT Elects Raymond L. Owens to Board of Trustees
COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (NYSE: OFC) announced that its Board of Trustees elected Raymond L. Owens to serve on the Company's Board, effective March 5, . . .
Posted on 3/8/21
Roanoke-Area Leases Completed by Cushman & Wakefield | Thalhimer
Cushman & Wakefield | Thalhimer reports the following recent lease transactions in the Roanoke, VA area:Montrose Air Quality Services, LLC renewed their lease of 18,515 square . . .
Posted on 3/8/21
Divaris Real Estate’s Hampton Roads Office Completes 17 Transactions Totaling 70,693 SF
Divaris Real Estate, Inc. (DRE) announces the completion of 17 transactions totaling 70,693 square feet of new leased or renewed commercial transactions throughout Hampton Roads, Virginia. . . .
Posted on 3/9/21
Twenty-Eight Multifamily Communities Owned And Managed By Continental Realty Corp. Receive Top Rated Award From Apartment Ratings Survey
Twenty-eight multifamily communities owned and managed by Continental Realty Corporation (CRC) and located throughout the country have earned “ApartmentRatings Top Rated Community Awards,” based on comments . . .
Posted on 3/8/21
Marriott Bonvoy's Portfolio Of Longer Stay Brands Revel In Recovery With More Room For Possibility In New Destinations
Marriott Bonvoy's portfolio of longer stay brands – Element Hotels, Residence Inn by Marriott, and TownePlace Suites by Marriott– announced today a selection of new openings . . .
Posted on 3/8/21
Landlords Urged to Create Workplace Strategy to Lure Tenants Back to the Office
As the great work-from-home experiment extends past its one-year anniversary, workers have made adjustments to their environment and schedules and are becoming increasingly comfortable viewing the . . .
Posted on 3/8/21
ARKO Corp.’s GPM Investments to Acquire ExpressStop Stores in Michigan and Ohio
RICHMOND, Va., March 08, 2021 (GLOBE NEWSWIRE) -- GPM Investments, LLC, a wholly owned subsidiary of ARKO Corp. (Nasdaq: ARKO), signed an agreement to acquire 61 . . .
Posted on 3/8/21
Capital Square 1031 Acquires Multifamily Community with Value-Add Potential in Washington, D.C. Suburb
Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced today the acquisition of SomerHill Farms, . . .
Posted on 3/8/21
Ministry Buys Chesterfield Building for $1.2M
Chesterfield County-based Mountain Movers Ministry has purchased a building near the intersection of Hull Street and Courthouse roads for $1.175 million.The ministry will relocate to 3300 . . .
Posted on 3/8/21
Chester Strip Mall Sold for $6M
Chester’s The Shoppes at River Forest, a 30,720-square-foot strip mall anchored by a Wal-Mart, was purchased on Feb. 26 for $6 million.Raleigh, North Carolina-based PGP River . . .
Posted on 3/8/21
Chesapeake Office Building Sells for $7.5M
Virginia Beach-based property management company The Runnymede Corp. purchased Chesapeake office building Crossways Commerce Center IV for $7.5 million on Feb. 8.Located at 1408 Stephanie Way, . . .
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