First Potomac Realty, a Bethesda, Md.
real estate investment trust, bought 14 flex/office
properties in Chesterfield and Hanover counties from The Landmark Co. for $31
million. The portfolio includes 415,839 square feet. (News
release)
iVoice Innovations
Inc., a subsidiary of iVoice Inc.
of Matawan, N.J., bought four acres of land in Hanover County for $800,000 to build a proposed
biodiesel facility. iVoice is
a developer and licensor of technologies. (Business
Wire)
Virginia Beach and the
Navy approved a 55-acre expansion of Oceana East Industrial
Park. Zoned I-1, the new area was named Progress
Lane Business Park, and increases developable land
within Oceana East by 30 percent. (News release)
Sunset Mortgage Co. LP, a mortgage bank headquartered
in Chadds
Ford, Penn., signed a lease
for 10,000 square feet of office space at the Town
Center of Virginia Beach. (News release)
