City: Norfolk

Armada Hoffler Properties is investing in the development of a 416-unit apartment building in Annapolis Junction Town Center, a planned mixed-use, multi-asset development in Annapolis, Md. The Virginia Beach, Va., REIT has agreed to provide $42 million of mezzanine financing ...

Virginia Business The Concourse, a 315,000-square-foot office building in Norfolk, Va., has been sold for $56.8 million, or $180/sf. The buyer and seller were not disclosed. The property, at 5800 Northampton Blvd., is 100 percent leased to Amerigroup. JLL represented ...

The Virginian-Pilot Marathon Development is expected to buy the 24-story Bank of America building and its sister property at 1 and 2 Commercial Place, respectively, in Norfolk, Va. The pending sales price has not been disclosed. The buyer plans to ...

Harbor Group International is offering for sale the Dominion Tower, a 403,276-square-foot office property in the Waterfront District of Norfolk, Va. The Norfolk investment manager has hired CBRE to market the 26-story building, in which it houses its headquarters.

Virginian Pilot The 204-room Wyndham Garden Norfolk Hotel in Norfolk, Va., is up for auction with a starting bid of $2 million. The property's previous owner had defaulted on a $9.95 million loan against the hotel at 700 Monticello Way. ...

Preferred Apartment Communities Inc. has agreed to pay $18.1 million, or about $188,542/unit, for the 96-unit second phase of the Trail Creek Apartments townhome community in Hampton, Va. The Atlanta company already owns the property's 204-unit first phase. A subsidiary ...

Harbor Group International is in the market to sell a 300-unit apartment complex in Virginia Beach, Va. The Norfolk, Va., investor has tapped ARA Real Estate Investment Services to market the 17-building property, Pembroke Lake, which is on 26 acres ...

Virginian-Pilot The 468-room Sheraton Norfolk Waterside Hotel in Norfolk, Va., will be auctioned at a Dec. 20 sheriff's sale. Pyramid Hotel Group manages the hotel and has an ownership interest in it. It last sold for $40 million in late ...

Virginian-Pilot S.L. Nusbaum Realty Co. has bought a 183,814-square-foot warehouse in Norfolk, Va., with plans to redevelop it into the Spring Water Apartments. The warehouse, on Diamond Springs Road near Northampton Boulevard, had been used by U.S. Foodservice. Completion of ...