Second Horizon Capital has purchased the Stony Point Fashion Park shopping center in Richmond, Va. The Boca Raton, Fla., investor, bought the 678,037-square-foot property, at 9200 Stony Point Parkway, from a receiver, Woodmont Co., that had been handling it since ...
Multi-Housing News A partnership of Bonaventure and Cafaro Properties has broken ground on the Attain at Spotsylvania Towne Center, a 271-unit apartment project in Fredericksburg, Va., about 55 miles southwest of Washington, D.C. The complex, which replaces a Sears store ...
Commercial Real Estate Direct Staff Report Second Horizon Capital has purchased the Stony Point Fashion Park shopping center in Richmond, Va. The Boca Raton, Fla., investor, bought the 678,037-square-foot property, at 9200 Stony Point Parkway, from a receiver, Woodmont Co., ...
Federal Realty Investment Trust has agreed to pay $200 million, or $487/sf, for adjoining grocery-anchored shopping centers in the northern Virginia planned community of Kingstowne. The North Bethesda, Md., REIT is buying the two properties from the Halle Cos. of ...
Commercial Real Estate Direct Staff Report Net cash flow generated by the Bank of America Center in Richmond, Va., last year declined by nearly a quarter, to $4.79 million, putting the $60.5 million CMBS loan against it at heightened risk. ...
Commercial Observer Glazer Properties has bought the 48,267-square-foot Backlick Center in Springfield, Va., for $25 million, or $518/sf. Crow Holdings of Dallas sold the retail property, at 6651-6691 Backlick Road, which it had purchased in 2017 for $21 million. Cushman ...
An affiliate of Box Equities has purchased a 175,000-square-foot medical product-supply facility in Toano, Va., for $22 million, or $125.71/sf. The New York investor bought the two-story property from MICPAR Realty LLC of Williamsburg, Va., in a deal brokered by ...
Cleghorn Capital has paid $24.3 million, or $121,500/unit, for the 200-unit Breeze River Apartments in Newport News, Va. The 18-building property, at 168 Heritage Way, was purchased from Cohen Investment Group of Norfolk, Va., which had bought it in 2019 ...
Broad Street Realty has agreed to pay $122 million, or $508,333/unit, for the 240-unit Midtown Row student-housing property next to the College of William and Mary in Williamsburg, Va. The Bethesda, Md., company had developed the property, in return for fees, ...
Alexandria Housing Development Corp. has purchased the 196-unit Park Vue of Alexandria Apartments from Covenant Capital Group, financing it with a $51.4 million loan from the Amazon Housing Equity Fund. The property, at 511 Four Mile Road in Alexandria, Va., ...
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