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Henrico EDA buys $3M golf course, plans $11M renovation
Henrico County’s economic development authority has purchased The Crossings Golf Club for $3 million, and with partners Pros Inc. and the Henrico Sports & Entertainment Authority, it plans to pitch the course as the new home for a PGA Tour Champions golf event held at the Country Club of Virginia. Pros Inc. expects to [...]
Pechin joins Thalhimer Realty Partners
Less than a year after leaving the City of Richmond to work for the federal government, Maritza Pechin has joined Thalhimer Realty Partners as director of development, the Cushman & Wakefield | Thalhimer subsidiary announced Monday. Pechin was deputy director for the office of equitable development for the city and was heavi[...]
Former Northrop Grumman CEO’s mansion sells for $9.95M
Former Northrop Grumman Chairman and CEO Wes Bush and his wife, Natalie, sold their McLean mansion June 28 for $9.95 million, according to Fairfax County records. Steven A. Sigsbury, an attorney with the Cochran Law Group in Tysons, is listed as the buyer of 903 Turkey Run Road and Baldy’s Bait and Tackle Trust is […]
NoVa, Hampton Roads home sales fall in June
Home sales in Northern Virginia and Hampton Roads dropped year-over-year in June, as homes stayed on the market longer and median sales prices rose. Northern Virginia June home sales in Northern Virginia fell 13.8% from June 2023 and 12.2% from May, according to data released July 11 by the Northern Virginia Association of Realt[...]
QTS finishes $137M purchase of rezoned Henrico tech park land
QTS Data Centers has secured ownership of all 622 acres of the recently rezoned site for the White Oak Technology Park II project in Henrico County’s Sandston area for approximately $137 million. On June 28, a limited liability company belonging to QTS bought the remaining portion of the site that it hadn’t yet acquired — [...]
Chesterfield County facility sells for $9.3M
An entity associated with Barefoot Spas, a hot tub and swim spa manufacturer, sold a five-acre property in Chesterfield County to an entity associated with Maguire Hayden Real Estate Company, a Pennsylvania commercial real estate investment firm, on July 1 for $9.3 million, Cushman & Wakefield | Thalhimer Capital Markets Gro[...]
Bowman announces executive promotions
Michael Bruen has been named Bowman Consulting Group’s president, the Reston-based engineering services firm announced last week. Gary Bowman, who formerly was president, retains his roles as CEO and chairman. Dan Swayze, who served as executive vice president and division manager, will fill Bruen’s former role as chief oper[...]
Owens & Minor leases new HQ in Henrico
Henrico County is getting a fifth Fortune 500 company. Global health care logistics and supply company Owens & Minor is moving from Hanover County to a new headquarters in Henrico’s Innsbrook Corporate Center. The company is leasing the fourth floor of the Highwoods One building at 10900 Nuckols Road, according to Will B[...]
Breeden promotes multifamily Richmond region director
The Breeden Co. has promoted Lindsay McMurrough to multifamily regional director of the Richmond market within the Virginia Beach-based real estate company’s residential property management division. McMurrough was previously a community manager. In her new role, she will oversee strategic direction of Breeden’s multifamily [...]
Construction begins on Hampton Logistics Center
New York’s Turnbridge Equities and Maryland’s Manekin, both real estate development and investment firms, have begun construction on two Class A industrial warehouse buildings in Hampton off Interstate 64, located less than 20 minutes from the Port of Virginia, according to an announcement this week. The two companies, w[...]
Chesapeake shopping center sells for $20.05M
A community shopping center in Chesapeake sold for $20.05 million in early June, property records show. Located at 4300 Portsmouth Blvd., adjacent to the Chesapeake Square mall, the roughly 180,000-square-foot shopping center sold for $18.847 million, and an associated 1.32-acre outparcel sold for $1.203 million. The shopping ce[...]
Wawa parcel in Newport News bought for $4.5M
A property leased to a Wawa in Newport News sold for $4.5 million, Cushman & Wakefield | Thalhimer announced Monday. OMILOS LLC — registered to an Arlington County address — bought the 1.95-acre parcel located at 11124 Jefferson Ave. Property records show that Athanasios K. Polyzos previously owned the property, beginnin[...]
