Virginia Beach
Stockbridge Acquires Six-Property, Grocery-Anchored Retail Portfolio
Atlanta-based Stockbridge has acquired a six-property, grocery-anchored retail portfolio located in high-growth markets across the Southeast. Over the next year,… Read more
New Tenants Bring Town Center of Virginia Beach to 97% Leased
Armada Hoffler Properties, Inc., has added a mix of new retail tenants to its flagship public-private partnership, Town Center of… Read more
Divaris Real Estate Adds Raleigh Office, Names Principal Managing Broker
Virginia Beach, VA-based Divaris Real Estate, Inc., has named Jessica Johnson as principal managing broker of its new office expansion… Read more
Nike Opens “Nike Live” Retail Concept in Virginia Beach Town Center Space
Nike has opened a “Nike Live” store in 5,000 square feet of leased space in Virginia Beach’s Town Center. Gerald… Read more
Virginia Beach-Based VSA Resorts Acquired by Vacatia, Inc.
VSA Resorts, a hospitality and vacation ownership company, has been acquired by Mill Valley, CA-based Vacatia, Inc. With the addition… Read more
Bonaventure Acquires Two VA Multifams with $85M Fannie Mae Credit Facility
Alexandria, VA-based Bonaventure has acquired VA apartment communities Messenger Place in Manassas and Magnolia Run in Virginia Beach in separate… Read more
Divaris Real Estate Brokers Double $4M Sales of VA Office Buildings
Virginia Beach-based Divaris Real Estate, Inc., has brokered the disposition of two VA office properties: *The company represented seller Manan… Read more
Cohen Investment Group Acquires 390K-SF Storage Complex in Virginia Beach
Norfolk, VA-based Cohen Investment Group has acquired Castleton Commerce Center, a 390,380-square-foot self-storage and flex-storage complex at in Virginia Beach, VA.… Read more
Armada Hoffler Properties Agrees to $246M Acquisition of Baltimore’s Exelon Building
Virginia Beach, VA-based Armada Hoffler Properties, Inc., has entered into an agreement to acquire a 79% interest and an additional… Read more
Legends Lakeline Snags $41M Bridge Loan for its Acquisition
A $41.2 million proprietary bridge loan was recently provided to fund the acquisition and renovation of Legends Lakeline, a 222-unit… Read more
El Paso Has Third Most-Improved Unemployment Rate
More than three-fourths or 84 of the nation’s largest metropolitan areas posted negative growth in living-wage jobs, five by double… Read more
Armada Hoffler Completes $75M Sale of Baltimore Student Housing
Virginia Beach-based Armada Hoffler Properties, Inc. , has closed on the $75 million sale of student housing property Nine East… Read more
Northmarq Arranges Record-Breaking $99M Multifamily Sale in Virginia Beach
Northmarq has arranged the $98.5-million sale of Coastline Apartments in Virginia Beach, VA. According to the company, the transaction represents… Read more
Virginia Beach Mall Steps up to the Counter for a $200M Makeover
Pembroke Square Associates, developers of the 54-acre Pembroke Mall in Virginia Beach, VA, is preparing for a $200-million update that… Read more
Marcus & Millichap Arranges $2M Sale of Net-Leased Childcare Facility in Virginia Beach
Marcus & Millichap has arranged the sale of Childtime Learning Center, a 42,689-square-foot net-leased childcare property located in Virginia Beach,… Read more
CushWake Secures 53K-SF Lease at Pembroke Mall in Virginia Beach
Cushman & Wakefield | Thalhimer has secured a lease for a 52,638-square-foot space within Pembroke Mall for tenant Decisions LLC.… Read more
S.L. Nusbaum Brokers $16M Sale of Virginia Beach Office Portfolio
S.L. Nusbaum Realty Co. has brokered the $15.7 million sale of a three-property office portfolio in Virginia Beach. The properties… Read more
Digital Fortress Unveils Richmond Data Center
Digital Fortress has unveiled its Richmond, VA campus, a 100-acre development in the rapidly growing Richmond data center market. With more than $100… Read more
Breeden Breaks Ground on Luxury Multifamily in Virginia Beach
The Breeden Company broke ground Friday on The Pinnacle on 31st Street, a $66 million multifamily project at the Oceanfront area of… Read more