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Real Estate

W.M. Jordan Co. hires business development manager
Aug 9, 2021

W.M. Jordan Co. hires business development manager

W.M. Jordan Co. has hired Erica Viola as the firm’s business development manager, the Newport News-based construction firm announced on Aug. 3. Viola will focus on seeking new business and building relationships across the Hampton Roads region, according to a news release from W.M. Jordan. The Maryland native previously wo[...]

Proposals for Norfolk’s Military Circle Mall redevelopment narrowed to 3
Aug 6, 2021

Proposals for Norfolk’s Military Circle Mall redevelopment narrowed to 3

Three groups have submitted full proposals to the city of Norfolk to redevelop Military Circle Mall. In late 2020, Norfolk put out a call for developers to turn the struggling mall into a thriving mixed-use community. The city narrowed the list to four, but on Friday, just three proposals were released by the city, including [&h[...]

Aug 6, 2021

30 acres in Chesapeake sells for $3.65 million

Approximately 27.48 acres of industrial-zoned land along the Southern Branch Elizabeth River in Chesapeake sold for $3.65 million, Cushman & Wakefield | Thalhimer announced Wednesday. Agrium U.S. Inc. sold the land, located at 700 Weaver Lane, to Waterway Properties LLC. William C. Throne, a certified commercial investment member, and Robert L. Phillips Jr., both members […]

Harbour View Shoppes property sells for $6.8M
Aug 5, 2021

Harbour View Shoppes property sells for $6.8M

Harbour View Shoppes in Suffolk sold for $6.8 million, Cushman & Wakefield | Thalhimer Capital Markets Group announced Wednesday. The fully leased retail center, located at 5883-5889 Harbour View Blvd., is anchored by Verizon and Starbucks Corp. stores. It sits on 2.63 acres near Interstate 664. A family trust based in North[...]

Williamsburg industrial building sells for $3.47M
Aug 5, 2021

Williamsburg industrial building sells for $3.47M

The Endeavor Center industrial and distribution building in Williamsburg sold for $3.47 million, Cushman & Wakefield | Thalhimer announced Tuesday. The 70,000-square-foot building, located at 1709 Endeavor Drive in the James River Commerce Center, is a multi-tenant building that sits on 5.61 acres. CTPS LLC bought the buildi[...]

Va. Beach Naval Air Station to allow private development
Aug 5, 2021

Va. Beach Naval Air Station to allow private development

About 400 acres of underutilized land at Naval Air Station Oceana in Virginia Beach could be leased for private development, according to a new agreement between the Navy and the city of Virginia Beach. The agreement was signed Thursday. The concept, known as Future Base Design, would mean that the land would be leased to [&hell[...]

Two Hampton Roads car washes sell for $1.6M
Jul 30, 2021

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
Jul 30, 2021

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[...]

North Carolina-based Advance Auto Parts is closing this administrative office at Roanoke’s Crossroads Mall and a smaller one in Richmond, shifting 650 employees permanently to remote work. Photo by Don Petersen
Jul 30, 2021

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[...]

Tysons Partnership President and CEO Sol Glasner says the urban community’s population will continue to increase as the community adds amenities such as the Capital One Hall performing arts center, opening in October. Photo by Will Schermerhorn
Jul 30, 2021

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
Jul 29, 2021

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
Jul 26, 2021

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[...]

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