State: Virginia - VA

A venture led by Rosenthal Properties has paid $168.3 million, or $240.77/sf, for eight shopping centers with 699,000 square feet in Washington, D.C., and its suburbs. It bought the portfolio from Washington REIT, leaving the company with no retail properties. ...

JLL Income Property Trust Inc. has paid $52 million, or $597.70/sf, for the 87,000-square-foot medical-office building at 9101 Stony Point Drive in Richmond, Va. The Chicago REIT, whose shares do not trade on any exchange, bought the property from Highwoods ...

Bisnow A venture of Jefferson Apartment Group and Invesco Real Estate has paid $65 million, or $342,105/unit, for the 190-unit J Harbor Park at North Point apartment property in Reston, Va. The Bozzuto Group sold the property, which it had ...

A venture led by Milrose Capital has paid $27.7 million, or $197,857/unit, for the 140-unit Heritage at Settlers Landing in Hampton, Va. Levco Management, a Richmond, Va., investment manager, sold the property, which it had bought two years ago for ...

Washington Business Journal Amazon.com Inc. is opening a 200,000-square-foot distribution center in Fredericksburg, Va., later this month. The property, at 25 Strategy Drive, is about 55 miles southwest of Washington, D.C. The online retail giant currently has 15 delivery stations ...

Washington Business Journal Skanska plans on breaking ground this month on a 201,000-square-foot office project in Arlington, Va. The nine-story building, at 3901 Fairfax Drive, will also have 10,000 sf of retail space. Skanska plans on completing the project in ...

Washington Business Journal Finmarc Management Inc. has sold a 76,000-square-foot retail property in Springfield, Va., for $39.8 million, or $523.68/sf. Pegasus Investments represented the buyer, an undisclosed Los Angeles investment group, while Finmarc, a Bethesda, Md., real estate investor, was ...