News - Richmond

  • VA Beach Office Asset Lands New Management

    Mercer Street’s recently purchased Class A property encompasses more than 70,000 square feet and is fully leased to Amerigroup Corp.

    15 May 2018 06:45
  • MCR Acquires $11M VA SpringHill Suites

    The four-story, 136-key SpringHill Suites by Marriott Richmond North Glen Allen is situated at the intersection of interstates 295 and 95, a five-minute drive from major distribution centers and office parks.

    20 April 2018 15:36
  • STIHL Expands Virginia Beach Corporate HQ

    The new 80,000-square-foot addition to STIHL's corporate headquarters and manufacturing campus will include office space, a museum and a customer welcome center.

    05 April 2018 18:08
  • Montecito Buys Hampton Roads MOB

    Built in 2005, the two-story Class A facility features 25,593 square feet of medical-office space with more than 60 exam rooms, four offices and an ambulatory-surgery center.

    23 March 2018 17:20
  • Upscale Demand Boosts Rent Growth in Richmond

    After trailing the U.S. average throughout the current cycle, the metro’s rent growth reached 2.6 percent as of December, bucking the national trend during 2017’s fourth quarter.

    06 March 2018 14:48
  • Richmond All-Suite Hotel Sells for $9M

    Stay Over Suites in Hopewell, Va. is located within a 30-minute drive south of downtown Richmond and comprises 108 suites in two separate buildings.

    13 February 2018 11:49
  • Divaris Arranges Sale of Outparcel in Waynesboro, VA

    The company represented the seller in the disposition of 1.4 acres at Waynesboro Town Center. Seven Development acquired the site, with plans to develop two additional retail properties totaling 9,620 square feet.

    15 January 2018 17:34
  • C&W Signs New Tenant at Franklin Plaza in Roanoke

    Atlantic Credit and Finance will relocate its offices into 54,000 square feet of space on the first two floors of the building. The move will create more than 115 jobs, and follows the company's operations expansion strategy.

    10 January 2018 20:57
  • NorthMarq Appoints New SVP in Richmond

    Reina Abboud will be in charge of the multiple loan operations of NorthMarq Capital's Richmond office, including equity and debt solutions for clients.

    09 January 2018 21:15
  • Divaris Facilitates 6 Transactions in Richmond

    The company negotiated five retail and office leases, as well as the $1.4 million sale of a warehouse and land parcel.

    06 December 2017 17:36
  • Divaris Completes 6 VA Leasing Transactions

    The company renewed contracts for five clients, in addition to a new tenant. The office and retail spaces are all located near major transit routes and shopping centers.

    24 November 2017 15:15
  • JLL Secures $52M Refi for Space Mart Self-Storage Portfolio

    The portfolio includes eight properties in Greater Philadelphia, Pennsylvania and Richmond, Va., totaling 554,823 square feet. JLL secured the loan.

    23 November 2017 15:03
  • Richmond Shopping Center Lands 4 New Tenants

    The upcoming Brandy Creek Commons shopping center will be anchored by a 50,000-square-foot Publix supermarket. Divaris' Richmond office inked four new leases, bringing the property to 92 percent occupancy. The project is slated for completion in the fall of 2018.

    09 November 2017 15:26
  • Armada Hoffler Initiates Phase VI of VA Development

    Town Center, an ongoing partnership between Armada Hoffler Properties and the City of Virginia Beach, has seen more than $560 million in public and private funding. Phase VI brings two national retailers, as well as additional restaurants and apartments.

    01 November 2017 17:28
  • High-Paying Jobs Add to Upscale Demand in Richmond

    Although overall employment growth is tepid and continues to trail the national rate, the metro’s economy is slowly but steadily diversifying, drawing investors and large projects.

    23 October 2017 13:45