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Richmond/Hampton Roads
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Old Dominion Renews 132,000-SF Ind. Lease in Richmond
The 132,000-square-foot distribution building at 2904 Transport St. in Richmond, VA Old Dominion Warehouse and Distribution, a less-than-truckload (LTL) company that offers logistics services, renewed its 132,000-square-foot lease at Crenshaw Realty...

Unison Realty Partners Acquires Grocery-Anchored Shopping Center in Newport News
The 83,089-square-foot Oyster Point Square shopping center at 11710 Jefferson Ave. in Newport News, VACredit: HFF Boston-based Unison Realty Partners, a private investment and management firm that focuses on value-add acquisitions, purchased an 83...

Camber Corp. Renews 11,000-SF Office Lease in Virginia Beach
The 74,290-square-foot Reflections II office building at 200 Golden Oak Ct. in Virginia Beach, VA Camber Corp., a defense contractor headquartered in Huntsville, AL, renewed its 10,950-square-foot lease at Lingerfelt Commonwealth Partners’ Class A...

Q-Free Open Roads Signs 15,000-SF Office Lease in Chesapeake
The 34,642-square-foot flex building at Greenbriar Commerce Center in Chesapeake, VA Q-Free Open Roads, one of the world’s leading suppliers of complete Intelligent Transport Systems, signed a 14,724-square-foot office lease at Greenbrier Commerce...

DDR Taps Cushman & Wakefield|Thalhimer as Exclusive Leasing Representative for Richmond Shopping Centers
The 955,538-square-foot White Oak Village shopping center at 4521-4571 Laburnum Ave. in Richmond, VA Beachwood, OH-based Developers Diversified Realty (DDR), a full service real estate investment trust (REIT), tapped Cushman & Wakefield | Thalhimer...

JV Pays $19M for 295-Room Virgina Beach Resort Hotel & Conference Center
The 295-room Virginia Beach Resort Hotel & Conference Center at 2800 Shore Dr. in Virginia Beach, VACredit: Lingerfelt CommonWealth Partners A joint venture between Lingerfelt CommonWealth Partners, a local full-service investment firm, and Chicago...

Thornton Elevated to First Vice President at CBRE|Richmond
Wood Thornton has been promoted to first vice president at CBRE|Richmond, where he focuses on representing owners and prospective owners of office, flex and industrial properties. Prior to joining the Richmond, VA-based firm in 2011 as a vice president...

Twenty Lake Holdings Acquires Two Class A Office Bldgs. in Hampton
Research Quads I and III at 100-300 Exploration Way in Hampton, VACredit: Cushman & Wakefield|Thalhimer Twenty Lake Holdings (TLH), a full-service investment firm based in New York, purchased two Class A office buildings totaling 156,613 square feet...

UPDATED: IKEA Calls Off Plans for Big Box Stores in Three US Markets
After opening 27 stores in the U.S. in the past 15 years, iconic Swedish component-furniture retailer IKEA has called off expansion plans in three markets while it considers making potentinally far-reaching changes to its growth plans in a rapidly changing...

Medalist Properties Pays $12.2M for Hanover Square North
The 72,440-square-foot Hanover Square North shopping center at 7230 Bell Creek Rd. in Mechanicsville, VA Medalist Properties, a local full-service investment firm, purchased a 72,440-square-foot shopping center in Mechanicsville, VA from Commonwealth...

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