Friday, June 2, 2023

Real Estate

Newport News Receives Planning Grant From Industrial Revitalization Fund

NEWPORT NEWS—Earlier this year, Newport News was awarded a $90,000 planning grant from the Virginia Department of Housing and Community Development Industrial Revitalization Fund. City Council recently appropriated the funds, which will be used for a survey and feasibility...

Williamsburg Property Owner Wins Approval To Convert Hotel To Apartments

WILLIAMSBURG – The Williamsburg Planning Commission enthusiastically supported a $3 million plan to remodel the Baymont Hotel at 505 York St. into income-restricted apartments, under new rules adopted by the City Council late last year. Both regulatory hurdles, rezoning the...

Williamsburg Hotel Owner Applies For Rezoning To Convert To Affordable Housing Units

WILLIAMSBURG – The owner of the Baymont by Wyndham Hotel in Williamsburg is seeking a special use permit and rezoning to convert the 81-room hotel at 505 York St. into 76 income-restricted apartments. Williamsburg Planning Commission will hear the request...

Memorie Group Real Estate Hosting Downsizing Panel April 19

WILLIAMSBURG-Ben Munson and the team at Memorie Group Real Estate will host a downsizing panel for senior citizens on Wednesday, April 19 at 3pm at Brookdale Chambrel Williamsburg. The discussion will include helpful hints and tips to assist with the...

James City County Hosting Rental Fair April 17

JAMES CITY-James City County will host a Rental Fair for landlords, property managers, and renters on Monday, April 17. The free event will be held from 5:30pm to 7pm at the James City County Recreation Center, 5301 Longhill Rd. The fair...

Williamsburg Residents Meet To Defeat Plan For Spotswood Development

WILLIAMSBURG – A packed house at the Williamsburg Regional Library theater earlier this week heard an impassioned takedown of the plan to build up to 172 homes on a former golf course owned by Colonial Williamsburg. Speakers said the...

Catherine Yanchunis Joins Hampton Roads Team Of Cushman & Wakefield/Thalhimer

Cushman & Wakefield/Thalhimer recently welcomed a new member to its Hampton Roads team. Catherine Yanchunis  joined the region’s commercial property services team as a portfolio manager. Yanchunis has more than three years of experience in commercial property services and...

Latest Commercial Lease Transactions Include New Thrift Stores, Mexican Restaurant Chain

Among the newest commercial real estate transactions for the past month include a new thrift store, a new consignment store, and a Mexican fast food chain restaurant in Hampton. S.L. Nusbaum Realty Co. reported the following new leases for the...

Two local real estate companies merge

In March, it was announced that Rose & Womble Realty Co. and Berkshire Hathaway HomeServices Towne Realty will merge and now be known as Berkshire Hathaway HomeServices RW Towne Realty. The two companies are among the top in real estate...

Warwick Village Apartments In Newport News Sells For $21 Million

NEWPORT NEWS-An apartment complex along Warwick Boulevard in Newport News recently sold for $21 million. The sale was reported April 10. Mid Atlantic Commercial shared news of the closing of the sale of Warwick Village Apartments, which is located at...

Industrial Building In Hampton Sells For $1.9 Million

HAMPTON-An industrial building in Hampton was recently sold for nearly $2 million dollars. The 15,969 square foot building, which sits on a little more than two acres, is located at 501-505 Industry Dr. According to a March 31 release from Cushman...

Sale Of Former Yankee Candle Village In Williamsburg Finalized

WILLIAMSBURG-The sale of the former Yankee Candle Village on Richmond Road in Williamsburg has been finalized. On April 3, Cushman & Wakefield/Thalhimer announced completion of the sale of the 64,000 square foot building located on six acres at 2200 Richmond...

Latest news

Peninsula Businesses Holding Celebrations For Pride Month

Pride Month has arrived. Celebrated by the lesbian, gay, bisexual, transgender, queer or questioning, intersex, asexual, and more (LGBTQIA+) community, along with allies, the annual celebration takes place throughout the month of June. Nationally, LGBTQIA+ Pride Month celebrations tend...

Hampton City Council Updates Food Truck Ordinances And Codes

HAMPTON—Hampton City Council heard a presentation about updating food truck ordinances and codes on Wednesday, May 24 during its legislative session with the intent to make permitting easier for food truck owners, to establish new zones for food truck...

Bluegrass And Brews Festival Returning For Fourth Year

HAMPTON—The Bluegrass and Brews Festival will return to The American Theatre for the fourth time and will take place June 9 through June 11 at the American Theatre in the Phoebus section of Hampton. The theatre is located at...