Richmond
Armada Hoffler Buys 2 VA Retail Centers for $105M
The REIT enhances its already strong presence in Virginia Beach by nearly 500,000 square feet with the addition of Red Mill Commons and Marketplace at Hilltop.
JV Sells Fully Leased Office Building in Richmond
Cushman & Wakefield | Thalhimer’s Capital Markets Group brokered the $7.5 million sale of Windsor I, a single-story building within the 62-acre Windsor Business Park.
Rosenthal, PGIM Buy Richmond-Area Retail Portfolio for $125M
The companies have formed a joint venture to acquire the 745,000-square-foot collection of five grocery-anchored shopping centers from Marchetti Properties.
Guardian Realty Investors Sells VA Office Campus
Twin Oaks, a two-building property totaling 170,000 square feet of Class A space in Norfolk, changed hands in a $24.9 million deal.
Markel | Eagle Sells Richmond Office Asset for $56M
The company invested $19 million to renovate the 355,449-square-foot office building. Upgrades included the addition of a 250,000-square-foot parking garage and a new fitness center, among other amenities.
ElmTree Funds Buys Pepsi Bottling Facility
With the help of HFF, Armada Hoffler Properties sold the newly built distribution center in Richmond, Va., totaling more than 220,000 square feet.
Apex Clean Energy Buys 442.5MW of Solar Projects in VA
The solar capacity is distributed into four projects currently underway across Virginia. Upon completion, the company’s portfolio is anticipated to power approximately 72,000 homes.
On the Market: 5 Interesting Listings for December
This month’s listings include a redevelopment-ready property in Richmond, Va.; a recently completed luxury community in Philadelphia; and other opportunities.
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.