A joint venture between Washington, D.C.-based real estate company Goodstone LLC and New York City-based investment company Waterfall Asset Management secured $49.625 million in debt financing from Bridge Investment Group LLC to acquire and renovate two office buildings in Herndon adjacent to Amazon Web Services’ East Coast headquarters. The Northridge I and II buildings, two
The 21,594-square-foot property is located directly off U.S. Route 1.
Atlantic Union Bank sold one of its Fredericksburg office buildings for $3.575 million but will continue occupying the first floor, leasing it from the new owner, Cushman & Wakefield | Thalhimer announced this week. The 21,594-square-foot property located at 4805 Lassen Lane in Spotsylvania County is situated on approximately 2.24 acres located directly off U.S.
The boards will oversee the real estate services company's five Va. offices
Colliers Virginia — part of Colliers International Group Inc. — has appointed members to its two boards of directors overseeing Colliers’ five regional offices in Virginia, the company announced Tuesday. The regional company has a national board of directors comprised of three senior leaders from Colliers International, including COO Gil Borok, General Counsel Matt Hawkins
The property was 100% leased at the time of sale.
A retail center in Harrisonburg adjacent to James Madison University has sold for $5.275 million, Harrisonburg-based commercial real estate brokerage Cottonwood Commercial announced Tuesday. Tenants at the 11,900-square-foot retail strip on University Avenue include Buffalo Wild Wings, BurgerIM, Sports Nutrition and Dunkin’. The shopping center was 100% leased at the time of the deal that
The commercial real estate analysis company would increase to 2,000 employees.
CoStar Group, the Washington, D.C.-based commercial real estate analysis company, announced Monday it plans to build a 400,000-square-foot building in downtown Richmond, doubling its local workforce, as part of the proposed $1.5 billion Navy Hill development. CoStar would double its number of employees to 2,000 in Richmond, where it already employs nearly 1,000 people, according
Located across from Henrico Doctors' Hospital, the Campbell Building is occupied primarily by health care tenants.
A Henrico County office building, the Campbell Building, sold for $6.3 million to Atlanta-based B&C CCPB LLC, Canada-based real estate company Colliers International announced Monday. The 55,920-square-foot class B office building is located at 8002 Discovery Drive in the Forest Avenue office corridor. HCA Healthcare’s Henrico Doctors’ Hospital is across the street. The property was
Springwood Park tenants include State Farm and Tryal Jewelry.
Roanoke’s Springwood Park Retail Center has sold for $2.8 million, Roanoke-based Poe & Cronk Real Estate Group announced Friday. The shopping center at 3214 Electric Rd. is a 19,200-square-foot mixed use building used for retail and office space. Springwood Park was 98% leased at the time of the sale and its tenants include Ike’s Kitchen,
Based in Arlington, Rich Sutphin will oversee sales, leasing, business development and recruitment.
Rich Sutphin was named as principal and chief operating officer for Segall Group Commercial Real Estate, the company announced Friday. Segall is based in Baltimore, Maryland, but has an office in Arlington’s Rosslyn neighborhood where Sutphin is based. As principal and COO, he will oversee the firm’s sales, leasing, business development and recruitment. Before joining
Acesur USA LLC bottles olive oil brands such as Coosur and La Española.
International olive oil manufacturer Acesur USA LLC purchased an 87,870-square-foot, two-story manufacturing facility in Suffolk for $5.025 million, Cushman & Wakefield | Thalhimer announced Thursday. Acesur has been producing, packaging and marketing olive oil since 1840 and is headquartered in Dos Hermanas, Seville, Spain. It bottles olive oil brands such as Coosur and La Española
W.F. Magann Corp. purchased the parcel on the site of former BASF chemical plant.
Portsmouth-based general contracting firm W.F Magann Corp. purchased the final four acres of what was formerly a 44-acre major industrial parcel in Portsmouth for $2.55 million, real estate company Colliers International announced this week. Magann specializes in heavy marine, industrial and concrete construction. The site at 3340 W. Norfolk Rd. is located one mile from