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Two Hampton Roads car washes sell for $1.6M
Two Solar Wash Inc. car wash locations in Hampton Roads sold for $1.6 million, S.L. Nusbaum Realty Co. announced Wednesday. Located at 910 W. Washington St., the Suffolk property has five self-service bays, seven vacuum bays and a fully automatic, soft touch station. The Franklin location, found at 1021 Armory Drive, has seven v[...]
Chesterfield EDA eyes mixed-use project at Spring Rock Green
The Chesterfield County Economic Development Authority has proposed purchasing Spring Rock Green — a 42-acre property on the northwest corner of Midlothian Turnpike, near Chippenham Parkway — for $16 million to create a mixed-use development. The property is located between the Stonebridge Shopping Center and The BoulderR[...]
Free space
Six hundred. That’s how many Advance Auto Parts employees are bidding adieu to their desks, cubicles, printers, water coolers and commutes in Roanoke, the city where the company was founded in 1932. The giant auto parts retailer won’t be bringing back employees to its 275,288-square-foot office space at Crossroads Ma[...]
Turning the corner
When the COVID-19 pandemic hit last year, it felt as if the long-running goal of transforming Tysons from a commuter-driven “edge city” into a vibrant, urban, walkable destination “would be so disrupted,” says Victor Hoskins, president and CEO of the Fairfax County Economic Development Authority. But the increase in soci[...]
The Lawson Cos. hires marketing manager
Virginia Beach-based The Lawson Cos. named Suzie Harris its marketing manager, the real estate development and property management company announced Tuesday. Harris will be responsible for day-to-day operations of the marketing department, management of its team and completing marketing strategies and plans. She was previously r[...]
Virginia Beach office buildings sell for $15.8M
Three buildings in the Pembroke Office Park in Virginia Beach sold for $15.77 million, S.L. Nusbaum Realty Co. announced Monday. Pembroke Buildings Four, Five and Six total 167,660 square feet. Pembroke Office Park is a 300,000-square-foot park with five multitenant office buildings. Seminole Trails Properties LLC bought the bui[...]
Va. Beach apartment complex where Pharrell lived sells for $24.5M
The Virginia Beach apartment complex where music superstar Pharrell Williams lived until he was 7 has been sold for $24.5 million to Fairstead, a New York-based real estate company focused on sustainable development and affordable housing. The company announced Thursday that it plans a $15 million overhaul of the Atlantis Apartm[...]
Yorktown’s Duke of York Hotel sells for $3M
The Duke of York Hotel in Yorktown sold for $3 million, M.A. Bowry & Co. announced July 2. Built in 1965, the 57-room, 26,084-square-foot, limited-service hotel is located on the York River. It will remain open as the company renovates it. Crockett Enterprises LLC sold the hotel to a limited liability company connected to M.[...]
James City County industrial building sells for $2.67M
The Design Masters building in James City County sold for $2.67 million, Cushman & Wakefield | Thalhimer announced Wednesday. Tetreault Holdings Inc. bought the 40,000 square-foot-building from Friendship Partner as an investment for their contracting business, The Drying Co./ThermalTec, according to the news release. The in[...]
Danville apartment complex sells for $7.85M
Danville Investors LLC sold the 100-unit Turnpike Townhomes for $7.85 million, Cushman & Wakefield | Thalhimer‘s Capital Markets Group announced Tuesday. Turnpike Townhome Apartments LLC purchased the apartments at 1300 Franklin Turnpike, as well as parcels of adjacent vacant land, on June 21. Clay Taylor, a certified [...]
Breeden Co. names three new executives
The Breeden Co., the Virginia Beach-based real estate firm, announced last week it has promoted two people to become vice presidents, as well as hiring a third person as a vice president. Brenda Karp, currently vice president of Breeden Realty, has been promoted to vice president of business development for the entire company, effective Oct. […]
Newport News hotel sold for $5.3 million
The Comfort Inn hotel at Newport News’ Patrick Henry Mall has been sold for $5.3 million, Grand Bay Advisors announced earlier in July. The 123-room property will still be operated as a Comfort Inn. Virginia Beach-based Omaarav Hospitality purchased the property from Landmark Hotel Group, which is also based in Virginia Beach. Grand Bay Advisors, […]
