Three office buildings in Chesapeake have sold for $8.4 million, according to an announcement Thursday from Toronto, Ontario, Canada-based commercial real estate company Colliers International. The three-building portfolio in the Greenbrier submarket was sold by Virginia Beach-based Davenport Group Real Estate Inc./Lefcoe Development Co. The property at Volvo Parkway was 95% occupied at the time
Investment is first in state deal with Amazon on affordable housing.
The Virginia Housing Development Authority has given a nearly $83 million mortgage loan to Parkstone Alexandria, an apartment community near Amazon.com Inc.’s incoming HQ2, to support its conversion to affordable housing, Gov. Ralph Northam announced Thursday. The loan is in addition to a $5 million VHDA grant announced earlier. Last month, the Alexandria Housing Development
OneGlobe LLC moves from Ashburn to Reston.
Information technology consulting company OneGlobe LLC has moved its headquarters from Ashburn to Reston, the company announced Thursday. The headquarters merges the Ashburn and previous Reston locations. Financial terms were not disclosed. The new headquarters is located in the Parkridge Center complex at 10740 Parkridge Blvd. located directly adjacent to Interstate 66. The company was
The buildings total 204,129 square feet.
Two Ashburn office buildings sold for $46.5 million, New York City-based real estate company Newmark Knight Frank announced Tuesday. The buildings at 20130 and 20135 Lakeview Center Plaza are Class A buildings and were purchased by New York City-based investment management company Innovatus Capital Partners. The buildings total 204,129 square feet and sit on 13.1
Ryan Ogden and Jared Emery will lead the division.
Rockville, Maryland-based commercial real estate firm Edge — which has an office in Tysons — named Ryan Ogden and Jared Emery as partners to found the company’s multifamily capital markets group, the firm announced Tuesday. The division will be located at the firm’s Washington, D.C. office. Ogden most recently was senior managing director at the New York
Marshall most recently was with Newmark Knight Frank.
Virginia Beach-based real estate investment company Croatan Investments LLC added Mike Marshall as a principal on its leadership team, the company announced Monday. Marshall was most recently executive managing director for New York City-based real estate company Newmark Knight Frank Inc. (NFK) and has more than 30 years of experience in commercial and multifamily real
The property last sold in late 2017 for $20.6M.
Millspring Commons Apartment Homes in Henrico County sold for $28.52 million, Los Angeles-based real estate company CBRE Group Inc. announced Feb. 4. Built in 1972, the 159-unit, 165,030-square-foot townhome rental community is located at 9318 Tarheel Terrace adjacent to Staples Mill Road. Washington, D.C.-based property management company Republic Properties Corp. bought the community from real
The buildings comprise 51,000 square feet in Juliad Court.
Manassas Park-based Juliad Holdings LLC purchased two warehouse/industrial buildings in Fredericksburg for $4.14 million, Bethesda, Maryland-based commercial real estate firm Finmarc Management Inc. announced Monday. The buildings comprise 51,000 square feet in Juliad Court, approximately one mile from state Route 17 and Interstate 95, and were leased to four tenants at the time of the
Shopping center tenants include Verizon Wireless, Navy Federal Credit Union and Applebee’s.
Birmingham, Alabama-based property management company Shannon Waltchack’s retail real estate fund, SWNC I LLC, has purchased the Little Creek Marketplace shopping center in Norfolk, S.L. Nusbaum Realty Co. announced Tuesday. The sale price of the transaction was not disclosed. The 49,000-square-foot retail center was 97% leased at the time of the sale to tenants including
The two-story building was constructed in 2007.
A 15,000-square-foot office building in Norfolk sold for $2 million, real estate and investment management company Colliers International announced Feb. 3. Constructed in 2007, the two-story building is located directly off Military Highway at 5665 Lowery Road. The Janaf location of The Therapy Network is currently a tenant and APM Spine & Sports Physicians and