City: Norfolk

Virginian-Pilot Two subcontractors for the Granby Tower mixed-use project in downtown Norfolk, Va., have filed liens against the project's developer, Buddy Gadams. Suburban Grading & Utilities Inc. and Atlantic Metrocast are seeking $1.38 million in the suit. Gadams has been ...

KBS REIT has paid $18.6 million for the Patrick Henry Corporate Center, a 98,883-square-foot office building in Newport News, Va. The Newport Beach, Calif., REIT purchased the property from an affiliate of Carr Properties, which had owned the building since ...

Virginian-Pilot Terry/Peterson Cos. has completed the first phase of a $200 million mixed-use project in Hampton Roads, Va. The Virginia Beach, Va., developer is building the Tri-Cities Higher Education Center on 148 acres that straddle Portsmouth and Suffolk counties. The ...

Virginian-Pilot Aniesh Corp. has proposed to develop a 140-room hotel in downtown Norfolk, Va. Aniesh, a Norfolk hotel management company, expects to spend between $16 million and $18 million to develop the property, which will be operated as a Hampton ...

Virginian-Pilot NPV/Direct Invest has sold 500 E. Main St. in Norfolk, Va., for more than $30 million. NPV/Direct, which sold the property to an unknown investment group, bought the 230,000-square-foot property earlier this year for $29.8 million from Harbor Group ...

Virginian-Pilot Stonington Capital has withdrawn financing it had reportedly planned to provide for the $180.5 million Granby Tower project in Norfolk, Va. Construction of the mixed-use project halted in mid-September. Its developer, Buddy Gadams, said the project is still viable ...

Capmark Finance Inc. has provided $65 million of Freddie Mac financing for Linkhorn Bay Apartments, an 864-unit complex in Virginia Beach, Va.  The 10-year financing was originated under Freddie's streamlined refinance mortgage purchase program. As a result, certain third-party reports ...

Virginia Pilot A $35 million mixed-use development in Suffolk, Va., has been scrapped in favor of a residential project that is expected to cost up to $20 million. The project, Centre 800, was slated to be ready no later than ...

Virginian-Pilot Eola Capital of Orlando, Fla., paid St. Joe Co. of Jacksonville, Fla., $56 million for a 225,000-square-foot office building in downtown Norfolk, Va. The 20-story building at 150 Main St. is 98 percent leased. Earlier this year, Eola purchased a ...