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Va. Beach office building sells for $12.15M
Windwood Centre, a four-story Class A office building in the Lynnhaven area of Virginia Beach, has been sold for $12.15 million, Divaris Real Estate Inc. announced Wednesday. CCP Commercial Real Estate sold the 78,619-square-foot building, located at 780 Lynnhaven Parkway, to Charlottesville-based Seminole Trail Management. Tenants include Regus and Moseley Architects. It’s not the first [&h[...]
Norfolk warehouse sells for $9M
A warehouse in Norfolk has been sold for $9 million, Cushman & Wakefield | Thalhimer announced June 6. Selko Real Estate Ventures LLC purchased the 109,609-square-foot industrial building from NorfolkCo LLC as an investment. The property is leased to American Tire Distributors (ATD) as the company’s Hampton Roads tire warehouse and distribution center. The warehouse […]
Richmond office building sells for $4.9M
A 13,288-square-foot office building in Richmond sold for $4.9 million, One South Commercial announced Thursday. Located at 4015 Fitzhugh Ave., the two-story building was built in 1954. The architecture firm 3North leases the building, which used to serve as the Boy Scouts of America headquarters. VA Wood Properties LLC bought the property from 1501WW LLC. […]
Mixed-use Richmond building sells for $5.7M
A mixed-use building in Richmond sold for almost $5.73 million, Cushman & Wakefield | Thalhimer‘s Capital Markets Group announced Tuesday. Located at 1508 through 1510 W. Broad St., the 1510 Lofts has 10,600 square feet of retail and 17 one- and two-bedroom apartments that are 100% leased. Foot Locker leases 44% of the ground floor. […]
Henrico office, warehouse building sells for $12.4M
A flexible property with warehouse and lab buildouts in Henrico County sold for $12.4 million, Cushman & Wakefield | Thalhimer‘s Capital Markets Group announced Tuesday. Located at 8040 Villa Park Drive in the Villa Park Business Park, Villa Park I is a 74,862-square-foot property. The property was 94% leased at the time of the sale, […]
Fairfax County retail portfolio sells for $200M
A portfolio of retail buildings in Fairfax County’s Kingstowne community has sold for $200 million, Avison Young’s Capital Markets Group announced Thursday. The portfolio has 410,398 combined square feet of retail space anchored by Safeway and Giant supermarkets and includes part of Kingstowne Towne Center and of Kingstowne Shopping Center. It has 61 tenants, and […]
Va. construction contractor upsizes Roanoke office
Chesterfield County-based commercial and industrial contractor Atlantic Constructors Inc.’s Roanoke team moved this month into a renovated building double the size of its previous office and shop/warehouse space. The building at 1302 Rockland Ave. NW is 32,000 square feet. Property records show that ACI Suffolk LLC purchased the building for $1.95 million on Sept. 14, […]
Norfolk mobile home parks sell for $9.75M, $6.4M
Two mobile home parks in Norfolk have sold, one for $9.75 million and one for $6.4 million, Cushman & Wakefield | Thalhimer‘s Capital Markets Group announced Thursday. Located at 6659 E. Virginia Beach Blvd., Smitty’s Mobile Home Park consists of 136 pad sites on about 12.3 acres. Bonaventure bought the property from Hendrick Family LLC […]
Hilton Richmond Downtown completes multimillion-dollar renovation
Hilton Richmond Downtown’s multimillion-dollar renovation is complete, New Orleans-based management company HRI Lodging LLC announced March 24. The renovation includes a new lobby bar and lounge and hybrid meeting space, as well as updating the fitness center, indoor pool and guest room bathrooms. The 250-room Hilton Richmond Downtown occupies the former Miller & Rhoads department [&hell[...]
Chesterfield medical office building sells for $12M
A medical office building in Chesterfield County sold for $12.25 million, Cushman & Wakefield | Thalhimer announced March 23. Located at 7300 Ashlake Parkway, the 27,606-square-foot property is 100% leased to four tenants: Vital Care Family Practice, LabCorp, James River Cardiology and Absolute Dermatology & Skin Cancer Center. Nashville, Tennessee-based Montecito Medical Real Estate bough[...]
McLean medical office building refinanced with $20M loan
Toronto-based commercial real estate firm Avison Young announced Wednesday that its debt and equity finance team had arranged a $20 million loan to refinance a medical office building in McLean. Built in 1985, the three-story, 47,000-square-foot medical office building is located at 1420 Beverly Road. A partnership between Stewart Investment Partners and Chestnut Funds owns […]
Virginia Beach medical building sells for $21M
A medical office building in Virginia Beach sold for $21 million, Nashville, Tennessee-based buyer Montecito Medical Real Estate announced Thursday. Located at 1717 Will O’ Wisp Drive, the two-story Beach Medical Pavilion has 52,000 square feet. Its tenants are Gastroenterology Ltd. of Virginia Beach and OrthoVirginia. The property is across the street from Sentara Virginia […]
