Virginia
VT Alumnus Turned CRE Pro Offers Record $35M to Fuel Building Replacement
The largest ever gift by a Virginia Tech alumnus will advance a long-awaited project to replace an aging engineering building… Read more
Clean Game! Virginia Bowling Alley Fun Center Sells for $3M
Colliers has facilitated the transfer of a 30,360-square-foot bowling alley in Midlothian, VA for $2.6 million. Grace Holdings LLC purchased… 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
Jackson Village Ready to Bring 1,200 Townhomes to Fredericksburg
A 100-acre parcel in Spotsylvania County, VA — owned by Tradition Companies and financed by Flagstar Bank — is ready… Read more
Edge Facilitates Sale of 77K-SF Distribution Warehouse in Sterling for $21M
Edge Capital Markets has brokered the sale of a 76,500-square-foot distribution warehouse building located in the Broad Run Business Park… Read more
Texas Tops List of Three States Hit Hardest by Natural Disasters
Homeowners and residential real estate investors can expect property insurance rates to rise following the growing number of natural disasters… Read more
Richmond’s Walmart-Anchored Eastgate Town Center Sells For $18M
Colliers has facilitated the sale of Eastgate Town Center, a 117,773-square-foot, best-in-class super regional shopping center located in Richmond’s East… Read more
Multifamily Demand Spurs Closing of $42M Debt, Equity Raise for 173-Unit in Richmond
Colliers has closed a $4.9 million debt and equity raise for a multifamily project to be named Commodore and located… 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
ARHA Pins Team for $200M Affordable Housing Redevelopment in Old Town
The Alexandria Redevelopment and Housing Authority has selected Fairstead, Mill Creek Residential and The Communities Group to lead a $200-million… Read more
Alexandria Initiates Redevelopment of Landmark with $54M Land Purchase
Landmark Land Holdings, LLC, has sold an 11-acre parcel of land at the site of the former Landmark Mall to… Read more
Mixed-Use Development in Henrico Switches Owners for $31M
Colliers has facilitated the sale of GreenGate, a 96,745-square-foot mixed-use development in Henrico, VA, for $31 million. The property sits… Read more
Monday Properties Spends $146M on a Twofer of Northern VA Offices
Arlington- and NYC-based Monday Properties has acquired two Northern Virginia office buildings for a combined $145.6 million. The larger at… Read more
The Channel Club Apartment Tower in Tampa Changes Ownership for $136M
The Channel Club, a 22-story apartment community in Tampa, FL, has exchanged ownership for $136 million. The seller of the… 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
J. Scott Adams Named Executive Managing Director for Colliers Virginia, Raleigh
Colliers has appointed J. Scott Adams executive managing director for the company’s Virginia and Raleigh brokerage operations. Adams will focus… 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