State: Virginia - VA

February 21, 2003 Atlantic Realty Cos. has purchased 41 acres in Ashburn, Va., for construction of 300,000 square feet of retail, professional office condominium and hotel space beginning in late 2003. The site is part of the 277-acre mixed-use Ashbrook ...

February 21, 2003 The Virginian-PilotThe former manager of the Tazewell Hotel & Suites, a 60-room boutique hotel on Granby Street in downtown Norfolk, Va., plans to try to buy the bankrupt hotel. Jonathan Z. Rubin lost control of hotel owner ...

February 20, 2003 The Virginian-PilotThe Tazewell Hotel & Suites at 245 Granby St. in downtown Norfolk, Va., is being sold at the order of a federal bankruptcy judge. It will remain open during the sale. U.S. Bankruptcy Court Judge Stephen ...

February 18, 2003 Richmond (Va.) Times-Dispatch, February 15The Federal Reserve Bank of Richmond has completed its $15 million purchase of the former Heilig-Meyers Co. headquarters building and 50 acres in the West Creek business park in Goochland County. The 210,000-square-foot ...

February 18, 2003 The Virginian-Pilot (Norfolk, Va.), February 15First Potomac Realty Trust has acquired two flex office and warehouse buildings in Norfolk and Chesapeake, Va., from TR Hampton Roads Corp. The Bethesda, Md., REIT paid $6.2 million for the Norfolk ...

February 12, 2003 The Virginian-PilotThe Doubletree Hotel Norfolk at Military Circle Shopping Center in Norfolk, Va., has been closed as work crews clean up asbestos that was released into the building last week. A renovation crew that was refinishing walls ...

A venture between CNL Hospitality and Hilton Hotels is paying Strategic Hotel Capital $104.5 million for three hotels. In addition, CNL and Hilton are each contributing large hotels to the venture.

February 10, 2003 A joint venture between GMAC Commercial Mortgage Corp. and Ross Development LLC has paid $106 million for a portfolio of four Washington-area apartment properties.GMAC Commercial Mortgage provided $40 million in preferred equity through its Intermediate Finance Group, ...

February 7, 2003 RESTON, Va. – Terrabrook, the developer of Reston Town Center, has sold the five-acre Village Commons retail site on Sunset Hills Road to A.J. Dwoskin & Associates for $6.2 million. Terrabrook developed and leased the site, which ...

February 3, 2003 ARLINGTON, Va. – The Fountains of Virginia, a subsidiary of Fountains Continuum of Care Inc., has bought The Washington House, a 231-unit continuing care retirement community from The Virginia Hospital Center of Arlington. The Fountains of Virginia ...