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11-building office portfolio in Henrico sells for $87M
Glen Forest portfolio is 86% leased
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An 11-building office portfolio in Henrico County sold for $87 million, according to Henrico County property records. A partnership between New York-based Jack Sitt Real Estate LLC and Dubai, United
Springfield office building sells for $29.3M
Springfield Corporate Center office building is 84% leased
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The Springfield Corporate Center office building sold for $29.3 million, New York-based real estate company Newmark Group Inc. announced Wednesday. Located at 6225 Brandon Ave., the five-story building is 138,830
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Commercial real estate leasing roundup
Va. leasing announcements for Oct. 12 through Nov. 8
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The following lease transactions took place in Virginia through Nov. 8: Central Virginia Virginia Insurance Services Inc. leased 1,900 square feet at 1 Park West Circle in Chesterfield County. Tucker
NoVa office space market improves after pandemic disruption
Net occupancy loss decelerated in third quarter
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The Northern Virginia office real estate market showed improvement in leasing activity and occupancy loss in the third quarter, following four quarters of disrupted activity, according to a report released
Dominion Energy to sell downtown Richmond high rise
20-story building is one of two properties Dominion is marketing
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Dominion Energy is selling its 20-story high rise building in downtown Richmond’s Financial District as the company looks toward a future that includes a hybrid workforce. Mike Frederick, the company’s
Chesapeake industrial/flex buildings sell for $61M
General Dynamics, Sentara among tenants
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A three-building industrial/flex office complex in Chesapeake has sold for $61 million, Cushman & Wakefield | Thalhimer announced Thursday. Washington, D.C.-based DSC Partners sold the property, which is 100% leased
Richmond office tower sells for $77M
NYC firm buys home to Troutman Pepper law firm's Richmond office
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Richmond’s 15-story Riverside on the James office tower has sold for $77 million, McLean-based American Real Estate Partners LLC (AREP) announced on April 6. Located at 1001 Haxall Point, the
CoStar Group expands presence in Richmond
CRE information, analytics firm subleases extra 51,000 square feet
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Commercial real estate information and analytics company CoStar Group Inc. announced Tuesday it has subleased an additional 51,000-square-foot office space in Richmond. More than 200 staff members are expected to
Roanoke Valley office occupancy increases by 1%
Region closes 2020 at 88% occupancy
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The Roanoke Valley office market saw a 1% increase in office occupancy in 2020, ending the year with an 88% occupancy rate, according to Poe & Cronk Real Estate Group’s
Richmond City Council to consider $325M VCU Health tower
From Navy Hill development team, project would be on Public Safety Building site
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Richmond City Council will consider the $325 million sale and redevelopment of the city’s Public Safety Building into a VCU Health medical office tower. The project is proposed by Capital