David Simon Passes Away After Battle with Cancer
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CREFC’s Lisa Pendergast Retiring in August
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Brookfield Revives GGP Name for Malls
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April 11, 2003 The Virginian-PilotThe Tazewell Hotel & Suites in Norfolk, Va., remains in limbo after a federal bankruptcy judge denied a motion yesterday to sell the bankrupt Granby Street hotel, which has 60 units. Commonwealth Enterprises LLC, owner of ...
February 21, 2003 The Virginian-PilotThe former manager of the Tazewell Hotel & Suites, a 60-room boutique hotel on Granby Street in downtown Norfolk, Va., plans to try to buy the bankrupt hotel. Jonathan Z. Rubin lost control of hotel owner ...
February 18, 2003 The Virginian-Pilot (Norfolk, Va.), February 15First Potomac Realty Trust has acquired two flex office and warehouse buildings in Norfolk and Chesapeake, Va., from TR Hampton Roads Corp. The Bethesda, Md., REIT paid $6.2 million for the Norfolk ...
January 8, 2003 The Virginian-PilotNORFOLK, Va. – Host Marriott Corp. appears to be close to selling the Norfolk Waterside Marriott Hotel, a 405-room property managed by Crestline Hotels. The Norfolk Redevelopment and Housing Authority owns the land on which the ...
December 24, 2002 Fitch Ratings has downgraded four classes of GMAC Commercial Mortgage Securities Inc., 2000-C3, that represent the junior tranches of a $142 million mortgage on a Norfolk, Va., retail center whose performance has declined.The rating agency downgraded the ...
deal is for 945,000-sf Military Circle Mall and the adjacent 208-room Doubletree Club Hotel
No price disclosed; about 94% leased to 12 tenants
95% leased to American Management Systems, First Union Nat'l Bank, KPMG Peat Marwick, McDonald's Corp., Merrill Lynch. Deal also includes attached 1,255-space parking garage.
Virginia PilotA $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 the ...
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