Richmond-Hampton Roads
Gumenick Unveils Name for West End Project: Libbie Mill
Gumenick Properties, an award-winning real estate development and management company based in Henrico, is developing an 80-acre mixed used neighborhood in Richmond's West End. Recently, the company announced a new name for the project: Libbie Mill.…
Continue reading →USAA to Leave Norfolk, Move 500 Employees to Chesapeake
USAA plans to move over 500 employees from Norfolk to Chesapeake by the end of the year. The San Antonio-based financial services company will move from its mid-Atlantic regional office at 5800 Northampton Blvd.…
Continue reading →HDL Launches 95 KSF Phase 2 of HQ Expansion in Richmond
Health Diagnostic Laboratory, Inc. (HDL), one of the nation's fastest-growing companies, started construction this week on Phase II of its headquarters expansion project in Richmond’s Virginia BioTechnology Research Park. Phase I of the project was completed in February.…
Continue reading →Patricio Enterprises Leases 427,000 SF; Virginia Beach Properties Hit the Market
Patricio Enterprises, a defense contractor based in Stafford County, has leased 427,115 square feet of industrial space at 2705 Commerce Road in Richmond from Alleghany Warehouse Company, Inc. The deal represents one of the largest industrial leases of the year. CBRE’s Richmond office brokered the transaction.…
Continue reading →Armada Hoffler Kicks Off $89M Mixed-Use Tower in Virginia Beach
Armada Hoffler, one of the Mid-Atlantic Region’s dominant, full-service real estate and construction organizations, broke ground last week on the new 794,000 square foot Main Street Tower, in Virginia Beach. The groundbreaking ceremony featured Virginia Governor Robert F. McDonnell and Virginia Beach Mayor Will Sessoms. Tom Winborne, CEO of Clark…
Continue reading →Gold Key/PHR, Norfolk Strike Deal for $126M Hotel, Convention Center Complex
The city of Norfolk has announced last Friday it has reached an agreement with Gold Key/PHR Hotels & Resorts to build a new hotel, conference center and parking facility downtown. The total cost of the project is estimated at $126 million.…
Continue reading →Redskins Moving to $10M Richmond Training Center in July
The Washington Redskins will change their summer training camp this year. The NFL team will move from Ashburn to a new, state-of-the-art facility in Richmond.…
Continue reading →Clayco Details Plan for $110M Richmond Office Tower
Clayco has announced on January 30 a proposal to build Gateway Plaza, a new office building in the heart of Richmond’s business district. The Chicago-based national development and building firm has been active in Virginia. It recently completed Amazon’s new 1.1 million square-foot distribution center in Dinwiddie County Gateway Plaza will…
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