Richmond
-
Cush & Wake Completes Sale of Roanoke’s Franklin Plaza
Franklin Plaza is a five-story 136,455-square-foot office property located in downtown Roanoke, Va. The property traded for $6.4 million after being purchased by an affiliate of Times Equities Inc.
21 July 2017 14:44 -
Divaris Completes 5 Transactions in Virginia
The company worked on behalf of DDREG LLC to arrange the acquisition of a medical office building, and represented Dollar Tree Stores, LaBelle Cottage, Extreme Pizza and Mango in their lease negotiations.
22 June 2017 12:13 -
LTD Debuts Newest Holiday Inn Express in VA
LTD Hospitality Group owns and manages the Chesapeake hotel, which is franchised by an affiliate of IHG. The 101-key rebranded property underwent extensive renovations.
22 June 2017 09:45 -
Overbuilding in Richmond?
With almost 20,000 units in the pipeline—more than a third of which are under construction—the metro is at risk of overbuilding. As new stock is putting a damper on growth, Yardi Matrix expects rents to rise by 3.5 percent in 2017.
13 June 2017 07:54 -
River City Chosen for Spec Office Development
The Rebkee Co. and developer Serabi are in the early stages of a plan to raze an existing warehouse at 949 Myers St. If plans are approved by the city, a 63,800-square-foot, three-story office building will rise on the site of the former Interbake Foods property.
09 June 2017 16:51 -
Lidl Announces Opening Date for U.S. Stores
The company is opening supermarkets in North Carolina, South Carolina and Virginia. By the summer of 2018, Lidl plans to operate 100 stores across the East Coast, creating 5,000 jobs.
23 May 2017 13:14 -
Movement Mortgage Opens Norfolk Operations Center
The company is investing $3.1 million in the new 93,000-square-foot office. The center is relocating 550 jobs from Movement's former location in Virginia Beach and will be adding 200 more positions over the next three years.
23 May 2017 12:05 -
Home2 Suites by Hilton Debuts in Roanoke, VA
Kalyan Hospitality is the owner and manager of the 121-key hotel located close to the Roanoke-Blacksburg Regional Airport. The property anchors the Blue Ridge Parkway, one of the most visited sites in the National Park System.
12 May 2017 17:54 -
RMR Group Nabs $57M Hampton Roads Asset
The Boston-area trust acquired the 288,000-square-foot office building from local developer Buddy Gadams. The property houses ADP, a New Jersey-based human resources firm.
04 May 2017 12:15 -
Skanska Tapped for UVA Hospital Renovation
Construction for the multi-phased expansion and renovation began in June 2015, and is scheduled for completion in December 2020.
12 April 2017 16:46 -
New Fairfield Inn & Suites Opens in Virginia
The facility consists of 103 suites, a fitness center, an indoor swimming pool and other amenities.
24 March 2017 10:09 -
Divaris to Manage Class A Office Asset in Norfolk CBD
Cohen Investment Group owns the 131,259-square-foot property, which was built in 1987.
17 March 2017 17:50 -
Hampton Roads 7-Eleven Portfolio Trades for $24M
Marcus & Millichap represented the seller and procured the buyer.
15 March 2017 12:22 -
Hampton Roads GSA Asset Changes Hands
The 53,917-square-foot Social Security Administration building is the eleventh addition to HC Government Realty Trust’s portfolio.
08 March 2017 12:27 -
Richmond Marriott Short Pump Sells for $39M
Commonwealth Lodging Management will continue to operate the 243-key hotel.
07 March 2017 13:10