Richmond
Divaris Expands Retail Leasing Portfolio in VA
The management company added five shopping centers totaling more than 300,000 square feet to its collection of properties in Hampton Roads.
Dominion’s RfP Seeks 500MW of Wind, Solar Power
The company has pledged to have 3,000 megawatts under development or in operation by early 2022 under Virginia’s new Grid Transformation & Security Act.
On the Market: 5 Interesting Listings for October
This month’s listings include a CVS Pharmacy store in Michigan, a vintage multifamily asset in Richmond, Va., and a recently renovated flex building in Miami.
Richmond Office Building Trades in Sale-Leaseback Deal
Southern States Cooperative received $14.7 million for the six-story asset. The buyer selected Cushman & Wakefield | Thalhimer to handle property management and leasing services.
Divaris to Handle Retail Leasing at Richmond’s Libbie Mill
Upon completion, the 80-acre mixed-use project situated in Henrico County could encompass more than 1 million square feet of retail and office space.
Go Store It Acquires Richmond-Area Asset
The firm expanded its portfolio with a 348-unit self-storage property located in Moseley, Va., roughly 23 miles from downtown Richmond.
Delta Hotels by Marriott Comes to Chesapeake Bay
The recently transacted hotel, situated on the Chesapeake Bay beach, will undergo a $25 million renovation program in the fourth quarter of 2018.
Bridge Sells VA Office Campus for $62M
The real estate investment management firm sold SunTrust Center One and Two, a 419,700-square-foot office complex in Richmond, to FD Stonewater just one year after purchasing the asset.
JV Buys Warehouse, Plans Office Revamp in Richmond
The 35,985-square-foot industrial asset is located in the Scott’s Addition neighborhood. The new ownership intends to reposition the asset as a creative office property, with extensive remodeling work planned for the next six months.
VA Beach Office Asset Lands New Management
Mercer Street’s recently purchased Class A property encompasses more than 70,000 square feet and is fully leased to Amerigroup Corp.