City: Norfolk

Virginian-Pilot Ford Motor Co. has sold a 109-acre assembly plant site in Norfolk, Va., to Jacoby Development. The Atlanta-based company then sold the main body shop at the site to Katoen Natie NV for $10.5 million. The Belgian logistics firm ...

Virginian-Pilot The 165,000-square-foot Midtown Office Tower in Norfolk, Va., has been approved by city officials. The $32.7 million project, which is being developed by Tivest Development of Chesapeake, Va., will be at the corner of Tidewater Drive and Virginia Beach ...

Virginian-Pilot An 81-unit apartment complex is being planned for a former produce-packing plant site in Norfolk, Va. A company backed by local businessmen Andy McCullough and Pieter Reidy bought the 75,000-square-foot facility at the corner of Riverview and Southampton avenues ...

Taubman Centers has lined up a $131 million mortgage, refinancing a $127 million loan on MacArthur Center, a 937,000-square-foot shopping mall in Norfolk, Va. The new 10-year loan pays only interest for the first two years, then amortizes over a ...

Virginian-PilotA group of investors led by Norfolk, Va., businessman Prashant Merchant has assumed the $6.9 million of debt against the Doubletree Hotel Norfolk Airport, giving it control of the property. Local hotel owner and operator Raj Randeria sold the property, ...

Virginian PilotFederal officials have filed condemnation lawsuits to claim the site of the failed Granby Tower project in Norfolk, Va., as well as take ownership of an adjacent property. The federal government plans to use the site, at the corner ...

Virginian PilotThe Norfolk, Va., Redevelopment and Housing Authority has taken steps to condemn the final four properties needed to develop a proposed mixed-use complex near Old Dominion University. Two of the four properties house industrial businesses that will need to ...

Virginia Pilot The newly-opened Wells Fargo Center in downtown Norfolk, Va., has added about 258,000 square feet of office space and 14,000 sf of retail space to that market. Developers broke ground in 2008 on the $170.9 million mixed-use development. ...

Virginian PilotOffice and warehouse vacancies in Hampton Roads, Va., continued to rise in the first quarter. CB Richard Ellis found that office vacancies jumped to 14.7 percent, up from 13.2 percent a year earlier. The imminent opening of the Wells ...