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James City County farmland sells for $12M
A Houston-based industrial real estate company has purchased a 328-acre former farm in James City County for $12 million with plans to develop facilities for manufacturers, importers and warehousing and distribution companies. Cushman & Wakefield | Thalhimer and sales partners Berkshire Hathaway HomeServices RW Towne Realty announced the sale of The Enterprise Center at Hazelwood […]
Former Henrico bank branch sells for $1.6M
A former Atlantic Union Bank branch in Henrico County has sold for $1.6 million. 8209 W Broad Street LLC, which is registered to an address in Chesterfield County, purchased the 3,579-square-foot former bank office on approximately .58 acres from Atlantic Union Bank. The property is located at 8209 W Broad St. Will McGoogan of Cushman […]
Chesterfield shopping center sells for $4.92M
A Chesterfield County shopping center anchored by a Food Lion has sold for $4.92 million. Cushman & Wakefield | Thalhimer‘s Capital Markets Group represented seller 360 Associates LLC in the sale of Deer Run Village, which also features seven small shop tenants, located at 13947 and 13941 Raised Antler Circle in Chesterfield County, according to […]
Construction begins on $135M Loudoun biz park’s first phase
Construction has started on the first four buildings in an approximately $135 million, 10-building business community in Dulles, project owner-developer St. John Properties Inc. of Baltimore announced Wednesday. The project, Arcola Center, will be a 34-acre business park at the intersection of Loudoun County Parkway and Dulles West Boulevard with eight flex/research and development buildings [&hel[...]
Two retail, office buildings in Chesapeake sell for $3.1M
Two buildings with retail and coworking spaces on South Military Highway in Chesapeake have sold for $3.1 million, Cushman & Wakefield | Thalhimer announced Monday. The 38,800-square-foot and 10,000-square-foot buildings sit on 4.7 acres at 2211 S. Military Highway. The property‘s 31 tenants include Amazon.com Inc., FedEx Corp., U-Haul and Laundry Land. Advisory Investments LLC […[...]
Richmond loft apartment community sells for $14.8M
A 70-unit apartment community in Richmond’s Manchester neighborhood sold for $14.8 million May 12. Putnam Mill LLC, an entity connected to First Priority Management of Washington, D.C., purchased The Mill at Manchester Lofts, a former paper mill and warehouse that now consists of studio, one-, two-, and three-bedroom loft style apartments at 815 Perry St. […]
Two execs take on new roles at Harvey Lindsay
Harvey Lindsay Commercial Real Estate President Robert M. King will add chairman of the board to his responsibilities, and Robert M. Beasley Jr. is now executive vice president for brokerage services, the Norfolk real estate firm announced Monday. King is taking over the role from Harvey Lindsay Jr., who died on April 19. He has […]
Henrico strip mall, industrial buildings sell for $7.25M
Fernau LeBlanc Investment Partners has sold Wistar Center, a three-building flex industrial and retail portfolio, in Henrico County, to Prudent Growth Partners LLC for $7.25 million, Cushman & Wakefield | Thalhimer‘s Capital Markets Group announced. The portfolio, at 8101-8157 Staples Mill Road, consists of approximately 49,092 total square feet, including a 20,436-square-foot Class A [...]
Divaris restructures C-suite, names new execs
Virginia Beach-based Divaris Real Estate announced Thursday that it is restructuring its top leadership amid growth following recent acquisitions and partnerships. David Sutliff, who has worked as an adviser to the company for 12 years, is the new chief financial officer. Tony Divaris, who was previously the company’s international controller and CFO, has been promoted […]
Capital Square names new SVP, product specialist
Stuart Bahnmuller has joined Glen Allen-based real estate company Capital Square as the firm’s senior vice president and registered product specialist to lead a national sales team for wealth managers and registered investment advisers, Capital Square announced Thursday. “For decades, alternative investments have been the staple of independent broker-dealers and their registered representa[...]
VCU to open $125M STEM building next week
Virginia Commonwealth University will open its $125 million College of Humanities and Sciences’ 168,000-square-foot STEM building during a ribbon cutting scheduled next week. The six-floor building, located at 817 W. Franklin St. in Richmond, will expand lab, classroom and office space for the college, which is home to 17 departments, two schools and three programs. […]
Chesapeake industrial building goes for $1.4M
AG Wraps Inc. has purchased a 11,200-square-foot industrial building in Chesapeake for $1.4 million, Cushman & Wakefield | Thalhimer announced Monday. The building, at 913 Business Park Drive, is on 1.05 acres, and it was purchased from Allen V. Alewine. The company installs short- and long-term vinyl graphics for vehicles and has other locations in […]
