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Hazelwood Farms is set to become industrial park
A 328-acre former James City County farm is set to become the largest speculative industrial project along the Interstate 64 corridor between the Port of Virginia and Richmond. Hazelwood Farms
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Betting on success
Danville region is all-in on workforce development
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Thousands of new jobs are flowing into Southern Virginia as Caesars Virginia prepares to open its permanent casino resort next year, and industries move into the region or expand. Meanwhile,
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
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Commonwealth Crossing plays ‘long game’ for success
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Commonwealth Crossing Business Centre’s first two tenants — Polish flat-glass processor Press Glass Inc. and Pennsylvania-based aluminum beverage can manufacturer Crown Holdings Inc. — have invested at least $218 million
Youngkin to propose $350M for site development
Governor spoke Friday at Va. Economic Summit & Forum on International Trade
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Gov. Glenn Youngkin will propose allocating a new $350 million investment for industrial site development next week, the governor said in a speech delivered Friday at the Virginia Chamber’s Virginia
Chesapeake warehouse sells for $13.59M
Property is 100% leased to the U.S. Postal Service
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A 70,000-square-foot warehouse and distribution building in Chesapeake sold for $13.59 million in late July, Colliers announced Wednesday. Located at 3512 Business Center Drive in the Cavalier Industrial Park, the
Norfolk warehouse sells for $9M
109,609-square-foot warehouse is leased to ATD
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A warehouse in Norfolk has been sold for $9 million, Cushman & Wakefield | Thalhimer announced June 6. Selko Real Estate Ventures LLC purchased the 109,609-square-foot industrial building from NorfolkCo
AeroFarms sells its Cane Creek property
Property sold to MDH Partners, leased back to AeroFarms
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AeroFarms has sold its 138,670-square-foot property in Cane Creek Centre to MDH Partners and leased it back for 20 years, the companies announced June 1. MDH Partners bought the property
Wise County IDA buys vacant office building for $1.2M
VCEDA provided loan
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The Wise County Industrial Development Authority purchased a vacant office building in the Lonesome Pine Regional Business and Technology Park with a $1.2 million loan from the Virginia Coalfield Economic
Counties collaborating on industrial park
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In the coming months, the rubble of a demolished furniture factory on a roughly 70-acre property in Chilhowie will be hauled away to make room for an industrial park. Smyth