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Norfolk warehouse sells for $1.3M
A 10,044-square-foot office and warehouse building in Norfolk sold Tuesday for $1.3 million. The building, on 1.71 acres at 1301 Marsh St., was previously owned by Daughters Trust 3557. Piedmont Land Development bought the property, which is fully leased, as an investment. It is currently leased to Hepaco, an environmental cleanup company. William C. Throne […]
20-unit Daleville apartment complex sells for $2M
A 20-unit apartment community in Botetourt County sold Tuesday for more than $2 million. Located at 151 College Drive in Daleville, the property’s first buildings were built in the early 1900s as a school, which was later affiliated with Bridgewater College before closing in 1933, according to Cushman & Wakefield | Thalhimer. The Daleville College […]
Va. construction exec announces retirement
Bill Goggins, senior vice president and Virginia division manager of Raleigh, North Carolina-based Clancy & Theys Construction, will retire at the end of the year, the company announced Tuesday. Based out of the company’s Virginia office in Newport News, Goggins has been with Clancy & Theys for nearly 30 years. Chad Cowger, vice president and […]
Thalhimer Multifamily adds management of five apartment communities
Thalhimer Multifamily has taken on management of five new properties, including two that expand the company’s reach into Culpeper and Front Royal. The company, a division of Glen Allen-based Cushman & Wakefield | Thalhimer, announced the management agreement for Charlottesville-based Hearthwood Apartments; Morningside Apartments in Richmond; Shenandoah Commons in Front Royal; and Southri[...]
Construction starts on $80M apartments in Chesterfield
The developer of an estimated $80 million apartment building in Chesterfield County’s Springline at District 60 mixed-use development broke ground at the site on Sept. 28. The James at Springline will have 298 apartments and 28,000 square feet of ground-level retail space. Connecticut-based Collins Capital Partners is the lead developer. The project is scheduled for […]
Hampton industrial site sells for $2.3M
A vacant industrial site on 2.8 acres in Hampton has been sold for $2.3 million, Cushman & Wakefield | Thalhimer said. Moir Park Industrial III LLC purchased the site, which includes warehouses, from Armistead & Riprap for development. The property is located at 402 Rip Rap Road off Interstate 64. Robert L. Phillips Jr., of […]
Buc-ee’s buys land for second Va. location
A second Buc-ee’s Super Center is coming to Virginia along a busy stretch of highway in Shenandoah Valley near Mount Crawford. Buc-ee’s Mt. Crawford LLC purchased 21.3 acres located at the intersection of Interstate 81 and Friedens Church Road in Rockingham County from Lispen LLC for $6.6 million, Norfolk-based S.L Nusbaum Realty announced Tuesday. Plans […]
Henrico office building sells for $66M
Richmond-based Kinsale Insurance has sold a 291,000-square-foot Class A office building on Staples Mill Road in western Henrico County for $66 million. The office, located at 2103 Staples Mill Road, was sold to Salus Federal Properties, a Charlotte, North Carolina-based limited liability company, commercial real estate firm Newmark announced. The building is 100% leased to […]
Henrico shopping center sells for $18.4M
Merchant’s Walk Shopping Center in Henrico County has sold for $18.4 million. Qi Lin, a local investor who in 2022 purchased the Southpark shopping center in Chesterfield County for $5.4 million, purchased Merchant’s Walk, according to Divaris Real Estate. Located at 7580 W. Broad St., Merchant’s Walk is at the intersection of West Broad Street […]
Glen Allen shopping center sells for $9.5M
A shopping center anchored by a Michaels craft store in Glen Allen sold for $9.5 million, Cushman & Wakefield | Thalhimer announced. Airport Hotel LLC, of Ellicott City, Maryland, bought Broad Street Plaza, located at 9856-9864 W. Broad St. in Henrico County, on Sept. 12. The four-tenant retail center is 100% leased and includes a […]
Cushman & Wakefield | Thalhimer hire Richmond VP
Brian Felton has joined Cushman & Wakefield | Thalhimer’s Richmond office as a first vice president focused on industrial sales and leasing, the real estate firm announced Tuesday. Felton was previously a senior leasing manager with San Francisco-based Prologis, where he oversaw a 3.6 million-square-foot portfolio of industrial buildings in Richmond, Norfolk and Fredericksburg. According[...]
Four Prince William shopping centers sell for $52.8M
A portfolio of four regional shopping centers in Prince William County’s Dale City area has sold for $52.8 million, the joint venture of buyers announced Monday. Located less than 3 miles apart along Dale Boulevard, the 1970s-era shopping centers — Center Plaza, Mapledale Plaza, Forestdale Plaza and Glendale Plaza — total 470,000 square feet on 70 […]
