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$35.8M Newport News affordable housing redevelopment begins
BLVD bought, renovating 150-unit Aqua Vista Apartments
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The BLVD Group has acquired and started renovations on the Aqua Vista Apartments in Newport News, the Los Angeles- and Dallas-based company announced Tuesday. BLVD expects development costs, including the
Bowman acquires Maryland engineering firm
Richter & Associates does utility infrastructure engineering
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Reston-based Bowman Consulting Group Ltd. has acquired Rockville, Maryland-based Richter & Associates, a dry utility infrastructure engineering firm, the company announced Tuesday. Terms of the deal were not disclosed. Richter
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Retail/office collection in Richmond sells for $6.3M
Buildings comprise about 16,000 square feet on Grove Avenue
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A combined 15,994 square feet of retail and office buildings in Richmond’s West End area sold for $6.3 million in late March, according to Cushman & Wakefield | Thalhimer. The
Chesterfield distribution center sells for $37.5M
Property is fully leased to Coca-Cola bottling subsidiary
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A distribution center in Chesterfield County’s Meadowville Technology Park sold for $37.5 million in mid-March, according to county property records. Located at 1400 Digital Drive in Chester, the 353,044-square-foot distribution
Hurt & Proffitt acquires Gretna civil engineering firm
Reynolds-Clark Development will operate as Hurt & Proffitt
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Lynchburg-based civil engineering firm Hurt & Proffitt (H&P) has acquired Gretna-based Reynolds-Clark Development, according to a news release. H&P Chief Financial Officer Matthew Leslie declined to disclose the value of
Branch Group promotes SVP to chief HR officer
Tina Pfalzgraf joined Roanoke construction firm in 2022
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Roanoke-based construction firm The Branch Group Inc. has promoted Tina Pfalzgraf to chief human resources officer, the company announced Wednesday. Pflazgraf previously served as senior vice president of human resources.
Capital Square launches subsidiary to oversee multifamily portfolio
Capital Square Living will manage 55 communities in Southeast and Texas
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Glen Allen-based real estate company Capital Square has launched a wholly-owned subsidiary to oversee management of the company’s multifamily portfolio, the company announced March 20. Capital Square Living will oversee
Four Richmond-area distribution centers sell for $105.6M
Three Chesterfield, one Hanover facility are 100% leased
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A joint venture between Glen Allen-based Lingerfelt and Swiss private investment firm Partners Group bought three Chesterfield County distribution centers and one Hanover County facility for $105.6 million, Lingerfelt announced
Two Roanoke apartment properties sell for $3.35M
Properties are 26-unit multifamily community, 16-unit apartment complex
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A 26-unit multifamily community and a 16-unit apartment complex in Roanoke sold together for $3.35 million on Feb. 10. Located at 2002 Langdon Road SW, the 26-unit community, Langdon Square
Divaris Group acquires N.C. mixed-use leasing, advising firm
The McGarey Group will operate as Divaris division
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Virginia Beach-based Divaris Group has acquired North Carolina-based real estate planning, advisory and leasing firm The McGarey Group, the firm announced Friday. Financial terms and other details of the acquisition