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09/26/2011
Pliant Corp. Sells Oakland Industrial Facility $1.6M
Mdr Specialty Distribution Corp, a surgical supplies wholesaler, acquired an industrial building in Newport News, VA, from the Pliant Corp. The 58,886-square-foot property sold for $1.65 million, or about $28 per square foot. The seller was acquired...

09/21/2011
Coastal Logistics Leases 81,204 SF in Hampton Roads
Coastal Logistics, Inc., a logistics company that provides innovative solutions for businesses, signed a lease for an 81,204 square feet warehouse space and a 1.5 acre ware-yard in the industrial facility at 6701 College Drive in Suffolk, VA. The...

09/21/2011
Forest City Enterprises Sells Industrial Buildings for $1.997M
Forest City Enterprises sold two industrial properties in Richmond, VA to McFarlane Partners for $1,997,000, or approximately $24 per square foot. The properties total 82,995 square feet and includes 2501 E Main Street, and 2321-2323 E. Main Street...

09/21/2011
R.E. Michel Company Inc. Pays $1.27M for Suffolk Industrial Building
R.E. Michel Company, Inc., a wholesale distributor of heating, air-condition, and refrigeration equipment, parts, and supplies, acquired the 30,000 square foot Suffolk Commerce Center in Suffolk, VA for $1.27 million, or about $42 per square foot. The...

09/20/2011
300-Unit Multi-Family Property Sold in Richmond
The investment and development subsidiary of Cushman & Wakefield| Thalhmier, TGM Realty Investors, Inc., acquired the Sundance Station Apartments located at 3500 Sundance Way in Henrico County, Virginia from Harbor Group International on September 7,...

09/20/2011
September 2011 Commercial Repeat Sales Analysis Now Available
CoStar released the latest findings of the CoStar Commercial Repeat-Sale Indices (CCRSI) last week anlayzing commercial property sales that closed through July 2011. View the press release for the full analysis. CoStar developed the CoStar...

09/19/2011
In The Pipeline: Construction and Development News for Sept. 18 - 24
In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial...

09/19/2011
Lease Up: South Carolina Lands Some Notable Corporate Expansions
Living up to its billing as one of the three business friendliest states in the union, South Carolina has pulled down some notable business expansions in the past couple of weeks from 5-Star USA, Husqvarna, NEM USA Corp., Otis Elevator Co., TighItCo Inc...

09/14/2011
Bostwick Labs Renews 65,000 SF in Glen Allen
Bostwick Laboratories, an anatomic and clinical pathology laboratory services provider, renewed 65,000 square feet in the Innslake Center at 4355 Innslake Drive in Glen Allen, VA. The new lease begins January 1 with an 18-month term. The 65,280...

09/12/2011
In The Pipeline: Construction and Development News for Sept. 11 - 18
In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial...

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