CBRE Hampton Roads reports retail deals and leases
- September 12, 2012
CBRE|Hampton Roads will manage the leasing of Spence Crossing in Virginia Beach.
Shoppes at Spence Crossing is located at the intersection of South Independence Boulevard and Princess Anne Road. The proposed 26-acre, retail shopping center is part of a 130-acre, new residential development by The Dragas Cos.
The firm also will manage Walmart Way Crossing in Chesapeake’s Greenbrier area. The shopping center, located adjacent to Sam’s Club and a Super Walmart, is located at the Interstate 64/Battlefield Boulevard Interchange. Chris Read, senior vice president, and Ned Brooks, senior vice president for CBRE|Hampton Roads, will handle the retail leasing.
In other business, CBRE’s Hampton Roads office handled these leasing transactions:
• FedEx Ground Package System, Inc. leased 75,000 square feet at Diamond Hill Distribution Center, Chesapeake.
• INIT Innovations in Transportation leased 15,023 square feet at Battlefield Lakes Tech Center II, Chesapeake.
• SRA International, Inc. leased 15,345 square feet at Battlefield Technology Center III, Chesapeake.
• Rutherford Supply Co. Inc. leased 25,350 square feet at Chesapeake Industrial Center, Chesapeake.