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Dollar Tree CEO retires; successor named
Chesapeake-based Fortune 200 discount retail giant Dollar Tree Stores Inc. announced Monday that CEO Gary Philbin has retired, but will remain an executive and member of the company’s board of directors through Sept. 23. Dollar Tree Enterprise President Michael A. Witynski has been promoted to president and CEO. “The board and I are grateful to […]
Chesapeake shopping center sells for $13.6M
The Gainsborough Square shopping center in Chesapeake sold on June 2 for $13.6 million, according to city property records. Virginia Beach-based Armada Hoffler Properties Inc. (which declined to state the sales price) sold the 88,862-square-foot property to Slate Asset Management, according to a June 3 announcement from Colliers International. The property last changed hands in […]
Three-building office portfolio in Chesapeake sells for $8.4M
Three office buildings in Chesapeake have sold for $8.4 million, according to an announcement Thursday from Toronto, Ontario, Canada-based commercial real estate company Colliers International. The three-building portfolio in the Greenbrier submarket was sold by Virginia Beach-based Davenport Group Real Estate Inc./Lefcoe Development Co. The property at Volvo Parkway was 95% occupied at the time [[...]
Former church building in Chesapeake sells for $5.75M
Chesapeake-based 601 Volvo LLC purchased the former Parkway Christian Center Inc. building in Chesapeake for $5.75 million, Toronto, Ontario, Canada-based commercial real estate company Colliers International announced Monday. The 36,185-square-foot building at 601 Volvo Pkwy. in Chesapeake sits on more than five acres of land. The building is less than a mile from Dollar Tree’s […]
