Home » Cities »  (Page 5)

Richmond-Hampton Roads


Breeden Launches Robust 2015 Pipeline with 2 Projects

Breeden Launches Robust 2015 Pipeline with 2 Projects

The Breeden Company has started work this month on two new apartment developments in the Hampton Roads area. The two projects represent a total investment of $55 million and will deliver almost 300 new apartments to the region.…

Continue reading →

Core/Bainbridge JV Buys Virginia Beach Apartment Complex

Core/Bainbridge JV Buys Virginia Beach Apartment Complex

The Woodshire Apartments in Virginia Beach is now under new ownership. Core Real Estate Capital has purchased the apartment community in partnership with the Bainbridge Companies, at the end of 2014. The price of the transaction was not disclosed.…

Continue reading →

Harbor Group Taps CBRE to Lease Downtown Norfolk Tower

Harbor Group Taps CBRE to Lease Downtown Norfolk Tower

The Harbor Group Management Company is looking to add new tenants to its office building at 555 East Main Street in Norfolk. The company has recently hired CBRE|Hampton as the exclusive leasing agent for the property.…

Continue reading →

Thalhimer Pays $34M for Chesapeake M-F Complex

Thalhimer Pays $34M for Chesapeake M-F Complex

The Birches apartment community in Chesapeake stepped into the New Year with a new owner. Harbor Group International sold the property last month, for $34.4 million.…

Continue reading →

S.L. Nusbaum Buys Virginia Beach Multifamily Asset for $24.7M

S.L. Nusbaum Buys Virginia Beach Multifamily Asset for $24.7M

A Virginia Beach apartment community changed hands this month in a $24.7 million transaction. Harbor Group International sold the Bancroft Hall Apartments to S.L. Nusbaum.…

Continue reading →

Marriott Debuts its First New Downtown Richmond Hotels in 20 Years

Marriott Debuts its First New Downtown Richmond Hotels in 20 Years

On Monday, December 8, Marriott International, Inc. opened the first new Marriott hotels in downtown Richmond in 20 years. The new Courtyard Richmond Downtown and the new Residence Inn Downtown Richmond are connected and share an open lobby and entry.…

Continue reading →

Children’s Hospital of Richmond at VCU Tops Out New Pavilion

Children’s Hospital of Richmond at VCU Tops Out New Pavilion

On Monday, December 1, Children’s Hospital of Richmond at Virginia Commonwealth University celebrated the topping out of its new Children’s Pavilion. With the highest steel beam now atop the pavilion’s 15-story structural frame, the project is one step closer to completion.…

Continue reading →

Topgolf Takes Aim at Virginia Beach

Topgolf Takes Aim at Virginia Beach

Topgolf International, Inc. has recently announced its plans to open a third location in the state of Virginia. The golf entertainment company has selected Virginia Beach as the home of its newest facility.…

Continue reading →

Interbake’s Old Factory Finds New Life as Upscale Lofts

Interbake’s Old Factory Finds New Life as Upscale Lofts

By Adrian Maties, Associate Editor A venerable Richmond factory where Girl Scout Cookies were once baked is finding a second life as an apartment complex. Following a $24 million makeover, the FFV Interbake Building officially reopened Nov. 15 as the Cookie Factory Lofts. From 1927 to 2006, the six-story factory…

Continue reading →

The Simpson Organization Buys Two Innsbrook Office Buildings for $22M

The Simpson Organization Buys Two Innsbrook Office Buildings for $22M

Richmond’s hot Insbrook submarket continues to attract office investors. The Atlanta-based Simpson Organization purchased Westerre I and II this month, for $22 million or about $135 per square foot. It is the highest price per square foot paid in the Richmond area this year.…

Continue reading →

Norfolk, Richmond Malls Acquired by Starwood as Part of $1.4B Retail Deal

Norfolk, Richmond Malls Acquired by Starwood as Part of $1.4B Retail Deal

Last month, Starwood Capital Group completed the acquisition of seven regional shopping malls from Taubman Centers. Two of the properties in the portfolio are located in the state of Virginia, in the cities of Richmond and Norfolk.…

Continue reading →

Green Flash Breaks Ground on $20M Brewery in Virginia Beach

Green Flash Breaks Ground on $20M Brewery in Virginia Beach

Another San Diego brewery is coming to the state of Virginia. Just days after Gov. Terry McAuliffe announced that Stone Brewing Co. plans to build a $74 million facility in Richmond, Green Flash Brewing Co. officially broke ground on a new brewery in Virginia Beach.…

Continue reading →