David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Norfolk
Warehouse Proposed for Suffolk, Va.
January 13, 2005 The Virginian-PilotTriumph Real Estate Corp. has entered an agreement with the Industrial Development Authority to build on speculation a 135,000-square-foot warehouse and distribution center in Suffolk, Va. The $6 million facility would be built on a 10.5-acre ...
Md. Hotel to Sell for $18Mln
October 27, 2004 Highland Hospitality Corp. (NYSE:HIH) has agreed to buy a 197-room hotel in Annapolis, Md., for $18 million, or about $91,400/room.The McLean, Va., REIT is buying the Sheraton Hotel Annapolis from Grubarges, a Spanish venture between Grucycsa, Barcelo ...
Former Norfolk, Va., Grocery Store to Become Mixed-use Development
October 8, 2004 The Virginian-PilotThe Galiani brothers, former owners of Gold's Gym International, have acquired a 3-acre parcel in Norfolk, Va., with plans for a mixed-use development. The pair, based in northern Virginia, paid about $3 million for the 175,000-square-foot ...
Demand High for Residential Units in Downtown Norfolk, Va.
October 6, 2004 The Virginian-PilotResidential development in Norfolk, Va., is booming, with more than $1 billion in private investment earmarked for housing during the past 4? years. After losing population nearly every year since 1960, the city saw a turnaround ...
Harbor Group Pays $53.3Mln for Va. Office Tower
October 4, 2004 Harbor Group International LLC has bought the 26-story Dominion Tower office building in downtown Norfolk, Va., for $53.3 million.The Norfolk real estate investment firm bought the 403,276-square-foot building from New Life Towers, a non-profit firm that had ...
999 Waterside Dr.
Property is 85 percent occupied by such tenants as Wachovia Bank; American Management Systems Inc.; Williams Mullen Hofheimer Nusbaum; LeClair Ryan; KPMG; Merrill Lynch; New York Life Insurance; Royster-Clark; and Harvey Lindsay Real Estate.
Apartments, Condos Planned Above Norfolk, Va., Restaurants
September 24, 2004 The Virginian-PilotMarathon Development Group has purchased 215-219 Granby St. and 241 Granby in downtown Norfolk, Va. The developer plans to convert the upper levels of the buildings into apartments or condominiums. Marathon bought 215-219 Granby, which includes ...
RBC Centura Bank Signs Lease in Norfolk, Va.
September 10, 2004 The Virginian-PilotRBC Centura Bank has leased space for its Virginia headquarters in the former First Virginia Bank building on East Main Street in Norfolk. The RBC Centura name will go atop the 31-year-old, 17-story building, which is ...
Old Storage Building in Norfolk, Va., Could Become Apartments
August 26, 2004 The Virginian-PilotThe Wright Co., the developer of several projects in downtown Norfolk, Va., plans to turn a former storage building in the old Atlantic City neighborhood into an apartment complex. The developer is making structural repairs to ...
Norfolk, Va., Close to Property Deals for Planned Hotel
August 19, 2004 The Virginian-PilotThe city of Norfolk, Va., is close to acquiring the properties needed to construct a hotel, parking garage and conference center downtown. An agreement in principle has been reached between the city and the owners of ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
