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Hungrybrook
Shopping Center
Richmond, Virginia
Purchase
Terms: Extended by mutual consent to
work through property issues.
Seller:
Local investment group
Decisive
Purchase Criteria: Strong infill site
with average rents 30-35% below newer competition.
Purchaser benefited by vacancy lease up during
due diligence to over 98% increasing economic
yield above initial projections. Food Lion Anchor
and good tenant mix.
Objectives: Maintain high occupancy
level and position for a long term hold.
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Southport
Office Park
Richmond, Virginia
85,000
Square Feet
Purchase Terms: 30 day due diligence
/ 60 day close
Seller: Local Investment Group
Decisive Purchase Criteria: Mature
office and industrial in-fill location. Good historic
occupancy and curb appeal with proper rollover
for objectives. Purchased at 50% below replacement
cost and resale value.
Objectives: Short term hold,
maintain rental income while selling units as
condominiums at market levels to maximize our
investor yields.
Property
Management |
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Paragon
Place
Richmond, Virginia
150,000
Square Feet
Development & Lease Assignment
1st Phase of $100,000,000 Complex |
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Dominion
Resources
Richmond, Virginia
54,000
Square Feet
Headquarters: Representation - Lease Assignment.
River Front Plaza |
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Moorefield
IV
Richmond, Virginia
43,800
Square Feet
Financial Enterprises III
Buyer representation assignment |
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Atlantic
Business Center
Chesapeake, Virginia
56,000
Square Feet
Colony Capital
Sale Listing Assignment |
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Jefferson
Green
Newport News, Virginia
60,000
Square Feet
Colony Capital
Sale Listing Assignment
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Park
Hill Plaza
Virginia and North Carolina
Part
of a 257,000 Square Feet Portfolio Sale
Henderson Family
Sale Listing Assignment |
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Coca
Cola Enterprises
Richmond, Virginia
Site
Selection
Land Acquisition for Bottling Plant - 35+ Acres |
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Chippenham
Square
Richmond, Virginia
184,500
Square Feet
Archon Group
Sale Listing Assignment |
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Mazda
Corporation
Richmond, Virginia
317,000
Square Feet
Part Distribution Facility
Land Sale - 17 Acres |
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Colonnade
II
Roanoke, Virginia
Colony
Capital
53,992 Square Feet
Sale Listing Assignment |
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Travelers
Richmond, Virginia
80,000
Square Feet
Site Selection & Lease Assignment |
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Pittston
Corporation
Richmond, Virginia
30,000 Square Feet
Headquarters - Site Selection and Lease Assignment |
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Albright
& Wilson of Americas
Richmond, Virginia
70,000
Square Feet
Build to suit Headquarters - Lease assignment
& site selection development consultation
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First
Health Corporation
Richmond, Virginia
80,000
Square Feet
(Former Computer Company
Headquarters) Build to suit Lease assignment.
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Pittston
Corporation
Richmond, Virginia
80,000 Square Feet
Headquarters - sale, with 20 acres of residual
land |
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Southern
Health
Richmond, Virginia
44,000 Square Feet
Headquarters- site selection and acquisition assignment
- sale
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