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Commercial Real Estate Blog

July 26, 2017

Christiansburg, VA — Berkadia Commercial Mortgage LLC announced the $23.54 million financing of The Adams at Peppers Ferry, a multifamily property that will be built in Christiansburg. Senior managing director David Blake of the Richmond office arranged the 221(d)(4) through Berkadia’s partnership with HUD on behalf of Denstock Peppers Ferry LLC. T...

July 24, 2017

Manassas, VA — Divaris Real Estate, Inc. (DRE), announced the completion of the following retail leases: 

Bed Bath & Beyond renewed its lease for 36,470 s/f of retail space in the Divaris-leased and -managed Parkridge Shopping Center located at 11060 Bulloch Dr. in Manassas. DRE’s Joseph Farina and Gerald Divaris represented the landlord in the leas...

July 17, 2017

Orange, VA — Former Wright’s Iron & Steel Works Inc, situated in historic Orange, Virginia near the homes of Thomas Jefferson, James Madison and James Monroe, and well known in the area for their long time work in structural steel, renovations, fabrication and welding for much of the DC, Maryland, VA areas will be going up for auction later this mo...

June 20, 2017

Arlington, VA — Jefferson Apartment Group announced the acquisition of 4000 Fairfax Dr., formerly the home of the popular sports bar CarPool, a 0.61-acre site located in the heart of the Rosslyn-Ballston Corridor of Arlington.

The site is approved for up to 330 units in a 22-story luxury high-rise at the corner of Fairfax Dr. and North Quincy St. Th...

June 14, 2017

NORFOLK, VA — Cushman & Wakefield | Thalhimer’s Capital Markets Group has represented City Walk Two, LLC in the sale of The ADP Building located at Two Commercial Place in Downtown Norfolk’s waterfront district.  The 288,662 s/f class A office building is 100% leased to AA-credit tenant ADP. 

The Hampton Roads Economic Development Authority cal...

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