Washington DC CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Washington DC  + DC Metro  + Office  | 
Seminole Trail Management has purchased the Pinehurst Centre office building at 477 Viking Drive in Virginia Beach, VA, from Robinson Development Group for $15.5 million.

Seminole Trail Management Acquires Class A Office in Virginia Beach for $16M

Seminole Trail Management has purchased the Pinehurst Centre, a 99,137-square-foot Class A office building located at 477 Viking Drive in Virginia Beach, VA, for $15.5 million.

Will Bradley and Mark Williford of Colliers represented the seller, Virginia Beach, VA-based real estate company Robinson Development Group.

The asset is centrally located between Virginia Beach’s oceanfront bedroom communities and the I-64/I-264 interchange in the Lynnhaven submarket. The building is home to a variety of tenants in industries including healthcare, finance, insurance and professional services.

“Pinehurst Centre’s best-in-class quality and tenancy in the submarket supported by Robinson Development Group’s excellent stewardship of the asset since 2016 made for a highly competitive process with an excellent outcome for Robinson Development Group and Seminole Trail Management,” said Will Bradley.

Connect

Inside The Story

Colliers' Bradley

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

Step 1: Select Education