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Virginia Beach developer building $80M mixed-use development
Construction is underway on an $80 million Virginia Beach project to transform a former elementary school site into a mixed-use development.
CIA pays Peterson Cos. $246M for Virginia office building
The CIA recently purchased a massive 10-story office building in Chantilly for $246 million, according to Fairfax County tax records.
Post GreenCity, Henrico tries again
Henrico revives arena plans after GreenCity collapse, targeting a 17,000-seat venue by 2028 amid lawsuits.
JBG Smith acquires Tysons Dulles Plaza for $42.3M
JBG Smith announced last week that it has acquired Tysons Dulles Plaza — a 15-acre office campus in Tysons that houses three-buildings.
Atlantic Union to expand Henrico office, add 50 jobs
Atlantic Union Bank is investing $5.1 million to upgrade its corporate offices in Henrico County to accommodate growth, the bank announced this week.
PACE Equity announces Richmond leader
Wisconsin-based PACE Equity expanded its team this month with the addition of Steve Farbstein as Richmond’s originations leader.
Former Martin’s store in Chesterfield sells for $2.87M
The former Martin’s retail space at Chesterfield Meadows shopping center has been sold for $2.87 million to a limited liability company.
Tysons Corner Center unveils plans for $100M redevelopment
Major changes are on the horizon for Tysons Corner Center — the largest shopping mall in the Washington, D.C., area.
Cushman & Wakefield | Thalhimer announces new president
Eric Robison, who leads Thalhimer’s capital markets team, has been promoted to president, effective June 1.
Virginia Natural Gas breaks ground on $50M Chesapeake HQ
Virginia Beach-based Virginia Natural Gas on Tuesday broke ground on a $50 million operations headquarters in Chesapeake.
MSI opens $61.6M Suffolk distribution center
MSI, a California-based flooring, countertops, and tile supplier, opened its $61.6 million East Coast distribution facility in Suffolk.
Avalon Townhomes in Hampton sell for $26.5M
Real estate investment and development companies Rock Creek Property Group and Two Rivers Realty Partners announced last week that they acquired a 182-unit townhome rental community in the Buckroe Beach area of Hampton for $26.5 million.
