Sign In
Free Newsletter
Hilton coming to Pembroke development in Va. Beach
As part of the $200 million redevelopment of Virginia Beach‘s Pembroke Mall, Landmark Development Hotel Group will partner with Pembroke Square Associates LLC to bring a Tempo/Homewood Suites by Hilton hotel to the project. The 14-story hotel will be one of the first Tempo by Hilton hotels, which feature “wellness ro[...]
Carver Station to bring food hall, coworking space to RVA
Future Cities, the development firm behind the anticipated GreenCity development in Henrico County, has plans to renovate a historic substation in the Carver neighborhood of Richmond and turn it into a mixed-use development with a food hall, coworking space and micro retail. Carver Station, which will be located near Clay and Ha[...]
Home improvement
Affordable housing isn’t the first thing that comes to mind when you think of the University of Virginia. But it’s top of mind for U.Va. officials who have pledged to support the development of 1,000 to 1,500 affordable housing units in Charlottesville and Albemarle County over the next decade. To jump-start the effo[...]
Breeden breaks ground on Richmond apartments
The Breeden Co. has broken ground on a $21 million expansion at The Village at Westlake Apartments in Richmond, the Virginia Beach-based real estate development and management company announced Wednesday. The complex currently has 252 units across 12 buildings. The expansion will include five buildings with 120 two- and three-be[...]
Campbell County apartments sell for $4.3M
Moss Creek Apartments in the Campbell County community of Forest has been sold for $4.3 million, Cushman & Wakefield | Thalhimer announced earlier in May. The property includes 15 quad buildings built in 1984 and 60 two-bedroom apartments. Heights Properties LLC acquired the property from Moss Creek Apartments LLC on May 3 a[...]
Retail, self-storage property sells in Frederick
A retail building and self-storage facility in Frederick County have been sold for just under $4 million, Cushman & Wakefield | Thalhimer announced earlier in May. Frederick Pike Holdings LLC purchased the 21,322-square-foot retail building and 27,000-square-foot self-storage facility from Winchester Capital Group Inc. as an investment for $3,943,700. The properties are located at 118 […][...]
West Creek Medical Park land sells for $3.7M
Emerson Ventures LLC has purchased 7.68 acres of land within the West Creek Medical Park in Goochland County and plans to develop a medical office building. Lingerfelt Commonwealth Partners sold the land, located at 1612 Wilkes Ridge Parkway, for $3.7 million, according to Cushman & Wakefield | Thalhimer, which announced the[...]
Fairfax medical building sells for $21M
Prosperity Plaza, a medical office building less than a mile from Inova Fairfax Hospital, has been sold for $21 million, Avison Young announced last week. Bethesda, Maryland-based Global Medical REIT purchased the 96,070-square-foot building at 3020 Hamaker Court in Fairfax from the original developer, The Tomares Cos. Built in [...]
Breeden breaks ground on Newport News apartments
The Breeden Co. is breaking ground on a $33 million apartment project in the Huntington Pointe area of Newport News, the Virginia Beach-based real estate firm announced Thursday. Avant, located off Denbigh Boulevard, will have 176 one-, two- and three-bedroom apartments between 672 and 1,517 square feet each. Breeden Constructio[...]
255-apartment complex coming to Suffolk
The Cathcart Group, a Charlottesville-based real estate developer, is building a 255-unit apartment community in Suffolk planned to open in 2023. The Gallery at Godwin will be on nine acres at 3061 Godwin Blvd. in Suffolk and will have one-, two- and three-bedroom apartments with rents ranging from $1,200 to $1,900. The complex [...]
Castle, Pembroke partner on Va. Beach apartments
In a joint venture, Charlottesville-based Castle Development Partners and Virginia Beach‘s Pembroke Square Associates will build a 12-story apartment complex as part of Pembroke Mall’s $200 million redevelopment in Virginia Beach. The complex will be on top of the existing Stein Mart building, with about 35,000 squar[...]
200 townhomes planned for Chesterfield County
Nearly seven acres of land in western Chesterfield County has been sold for $3.8 million in preparation for 200 townhouses to be built in the Westchester Commons area. Westchester Towns Development Co. purchased 6.57 acres of land at 1400 WC Commons Way, from Zaremba Metropolitan Midlothian LLC, Cushman & Wakefield | Thalhim[...]
