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May 8, 2020

Norfolk buys former Military Circle hotel for $2.4M

Less than a week after Norfolk announced its purchase of the Military Circle Shopping Mall for $11 million, the Norfolk Economic Development Authority (EDA) said Thursday it has also approved a plan for the city to purchase the former DoubleTree Hotel at Military Circle for $2.4 million.  The hotel property was listed for sale for […]

May 1, 2020

Norfolk buys Military Circle Shopping Mall for $11M

The Norfolk Economic Development Authority (EDA) announced Friday it approved a plan for the city to purchase the Military Circle Shopping Mall for $11 million to redevelop the mall and surrounding area for mixed-use development. “The Military Circle corridor is the crossroads of the Hampton Roads region,” Norfolk Mayor Kenneth Cooper Alexander said in a […]

Apr 23, 2020

American Family Fitness building in Henrico sells for $4.1M

An outparcel building at Virginia Center Commons Mall, which is leased to American Family Fitness, sold for $4.1 million, Norfolk-based real estate company S.L. Nusbaum Realty Co. announced Thursday.  The 86,627-square-foot building is located at 10101 Brook Road in Glen Allen and has been leased to American Family Fitness for more than seven years. The […]

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