City: Richmond
Taubman Lines Up New Mortgage for Va. Mall
Goldman Sachs and Commerzbank are providing Taubman Centers with a mortgage for Stony Point Fashion Park in Richmond, a mall that the REIT opened last fall. The new debt will be securitized as part of an upcoming CMBS deal.
Cousins to Build Power Center in Richmond, Va.
March 23, 2004 Cousins Properties Inc. (NYSE:CUZ) has purchased land for the development of Hanover Square South, a 195,000-square-foot retail center at Bell Creek and Cold Harbor roads in Richmond, Va. The project's lead anchor, Target Corp., has itself bought ...
Hilltop Apartments
The property is 91.5 percent occupied, with monthly rental rates ranging from $910 to $1,235. The property's unit mix includes 242 one-bedroom and 100 two-bedroom apartments, ranging in size from 667 to 834 square feet.
Circuit City to Relocate Warehousing Operation to Louisville, Ky.
December 29, 2003 Louisville Business JournalCircuit City Stores Inc., based in Richmond, Va., plans to move a warehousing and distribution operation from that location to Jefferson Riverport International in Louisville, Ky., sometime in 2004. The company will relocate to a ...
Richmond, Va., Shopping Goes Upscale with 2 Malls
September 8, 2003 The Virginian-PilotRichmond, Va., this month gets two new shopping malls. Last week, the 1.2 million-square-foot Short Pump Town Center opened and on Sept. 18, Taubman Centers Inc. plans to open the 690,000-sf Stony Point Fashion Park. Short ...
General Growth Completes $256.5Mln Buy of Lynnhaven Mall
August 28, 2003General Growth Properties (NYSE:GGP) has completed its $256.5 million purchase of the Lynnhaven Mall in Virginia Beach.The Chicago REIT bought the 1.3 million-square-foot mall from the New York State Teachers Retirement System, which was advised on the sale ...
Spec Office Building Going Up in Suffolk, Va.
August 28, 2003 The Virginian-PilotContinental Properties Corp. has started construction of a speculative office building in the Bridgeway Commerce Park in Suffolk, Va. No tenants have been signed for the $7 million, one-story building, which will total 67,500 square feet ...
GMAC Commercial Provides $43.5Mln of Debt, Equity for Va. Office Park
August 26, 2003 GMAC Commercial Mortgage Corp. has provided $43.5 million of debt and equity for the acquisition of the Forest Office Park in Richmond, Va. GMAC's Intermediate Finance Group provided $33 million in debt for the property while its ...
JP Morgan Fund Sells Va. Office Complex
July 1, 2003 An affiliate of Robinson Development Group Inc. has purchased the Forest Office Park, a 19-building office park in Richmond, Va.The property was sold by Strategic Property Fund, which is managed by JP Morgan Fleming.Jones Lang LaSalle arranged ...
Inland Buys 4 Retail Properties in Va., W.Va.
May 5, 2003 Inland Retail Real Estate Trust Inc. has acquired four retail properties – three in Richmond, Va., and one in West Virginia – in separate transactions.Inland, which is based in Oak Brook, Ill., paid $108.2 million for the ...
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