Wednesday, July 6, 2022

Latest Commercial Real Estate News

Residential Community In York County Sells For $100 Million

YORK-A residential community in Greater Williamsburg has recently been sold. On June 29, Berkadia announced the sale of The Bend at Arbordale on Bulifants Boulevard near the Sentara Williamsburg Regional Medical Center. The Bend at Arbordale is a 289-unit garden-style multifamily...

Small Shopping Center In Hampton Sells For $1.3 Million

HAMPTON-A retail shopping center in Hampton has recently changed hands. On June 20, it was announced that the Mercury Shopping Center on Mercury Boulevard is under new ownership. Mercury Shops, LLC purchased the shopping center from Nellie Gray Trust & Three...

Le Yaca Restaurant Property In Williamsburg Sold

WILLIAMSBURG-The building that is home to the Le Yaca French Restaurant in The Shops at High Street mixed-used complex off Richmond Road in Williamsburg has been sold. On June 14, Cushman & Wakefield/Thalhimer announced the sale of the commercial condominium...

Sylvan Learning Center of Newport News Is Moving To Village Square at Kiln Creek

YORK-Sylvan Learning Center of Newport News is moving its location of nearly 32 years from Oyster Point to the Village Square at Kiln Creek shopping center this month near the border of Newport News and York County and renaming...

Sale Of Surplus Lands Owned By City Of Newport News Nets Close To $400,000

NEWPORT NEWS – Ten parcels of land that the City of Newport News owned in King William County recently were sold for almost $400,000. The land, approximately 240 acres in total, was part of 792 acres and 37 parcels purchased...

The Shoppes At Gloucester Has New Owner

GLOUCESTER-Another shopping center in Gloucester has recently been sold. On Monday, June 13, Cushman & Wakefield/Thalhimer’s Capital Markets Group announced the sale of The Shoppes at Gloucester off George Washington Memorial Highway. BH Properties sold the 92,273 square foot retail center,...

James City County Sells Property To Dental Group

JAMES CITY-James City County Board of Supervisors recently approved the sale of a county-owned property located behind the Williamsburg-James City County Courthouse on Ironbound Road. At its meeting on May 10, board members agreed to sell the property, located at...

Mühlbauer To Invest $9 Million To Upgrade Newport News Facility

NEWPORT NEWS—Mühlbauer Inc., the U.S. subsidiary of Germany-based Mühlbauer Group and the world’s top producer of automated machinery designed to implement intelligent solutions, will invest $9 million to expand its operations in Newport News. The company will make upgrades...

Habitat for Humanity Selling Tiny House at Conference in Newport News

NEWPORT NEWS-Habitat for Humanity Peninsula and Greater Williamsburg is selling a 16x8 128-square-foot tiny house at the HousingForward Virginia HousingX Conference, which will be held on Tuesday, May 24, and Wednesday, May 25, at the Newport News Marriott at...

Cups & Claws Cat Café Finds Home In Warwick Plaza Shopping Center

NEWPORT NEWS—After a lengthy search, Cups & Claws Café has finally found a home—at least for the next five years—in the space that was previously known as both Mike’s Place and Rick & Libby’s. Located at 11006 Warwick Blvd.,...

Virginia Country Real Estate Rebrands As NextHome

GLOUCESTER – Jeanne Hockaday has been a successful real estate agent in Gloucester for more than 40 years, operating Virginia Country Real Estate since 1982. She shed a few tears with the decision to re-brand as NextHome Coast to...

Housing Development Corporation of Hampton Roads Assists Low-Income Residents With Obtaining Living Quarters

The mission of Housing Development Corporation of Hampton Roads (HDCofHR) is to provide quality, affordable housing opportunities in safe neighborhoods to low-income individuals and families. The nonprofit was founded in 2008 by a group of like-minded individuals who recognized the...

Latest news

Water Country USA’s Newest Attraction Opening July 15

YORK-Water Country USA’s younger guests will have a new area of the park to explore later this month. The water park’s newest attraction, Lil’Surfers Splash Pad, is expected to open on Friday, July 15. The attraction will feature fountains, spray...

Food Lion Honors Two Williamsburg Employees For Their Service

JAMES CITY-The Food Lion grocery store chain recently recognized long-term associates for their service to the company. Among those honored were two employees who work out of the Food Lion stores in the Greater Williamsburg area. On June 30, Food...

Renovations Of Gloucester’s Historic Circle Reveal Surprises

GLOUCESTER – Renovating an old building, especially one that is a few hundred years old, often results in a few surprises. “You don’t honestly know what you’re going to run into as you peel back the layers of the building...