Thursday, May 19, 2022

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Real Estate

Pandemic Changes Look, Feel Of Local Offices

With the coronavirus pandemic showing employers and employees the benefits of working from home, it’s becoming more difficult to entice workers back to the office. Businesses have been offering hybrid solutions for a year or more. If and when...

James City County Supervisors Approve Hazelwood Farms Mixed-Use Development

JAMES CITY-In a 3-2 vote on December 14, the James City County Board of Supervisors approved a special use permit that will rezone farmland on Old Stage Road in the upper end of the county, paving the way for...

Best Western Hotel Sold In Williamsburg

WILLIAMSBURG-The Best Western Historic District hotel on York Street has been sold.The hotel, located at 351 York St., was sold on November 19 for $3.5 million. Swaminarayan, LLC, a regional hotel owner and operator with several properties in Virginia...

Lidl Nixes Plans For Location In Grafton

YORK-Lidl has decided against building a new location at 5600 George Washington Highway in Grafton. Since its establishment in 1973, the Germany-based grocery store has branched out to roughly 11,200 stores in 32 countries. Known for their low prices, Lidl...

Here Are The Most Recent Lease Transactions From Cushman & Wakefield/Thalhimer

On December 1, Cushman & Wakefield | Thalhimer announced the following lease transactions for the Peninsula: The Fishel Company leased 8,250 square feet of industrial space at 605 and 607 Industry Dr. in Hampton. Atlantic Machinery leased 6,877 square feet of...

Freddy’s Frozen Custard & Steakburgers Is Also Headed To Hampton

HAMPTON-On December 1, Cushman & Wakefield/Thalhimer announced the sale of a 10,748 square foot retail building on Mercury Boulevard that will be redeveloped and utilized as a multi-tenant building with Freddy’s Frozen Custard & Steakburgers as the anchor. Moseley Real...

Six Businesses On List In Latest Lease Transaction Report From Cushman & Wakefield/Thalhimer

On November 23, Cushman & Wakefield | Thalhimer announced the following lease transaction activity for the Peninsula: Grace Hospice of America renewed their lease of 3,692 square feet of office space at The Atrium Building, 263 McLaws Circle in Williamsburg. Visiting...

Freddy’s Frozen Custard & Steakburgers Among The Latest Lease Transactions From Cushman & Wakefield/Thalhimer

Freddy’s Frozen Custard & Steakburgers will soon open two new locations in the Hampton Roads area. Cushman & Wakefield/Thalhimer announced on November 16 that the national fast-food chain officially leased spaces in Williamsburg as well as on the Southside...

Cushman & Wakefield/Thalhimer Announces Latest Lease Transactions

On Monday, November 8, Cushman & Wakefield/Thalhimer announced the following lease transactions for the Peninsula: G&K Ventures, LLC leased 4,720 square feet of industrial space at 152 Tewning Rd. in Williamsburg. Family & Youth Foundations Counseling Services, LLC renewed their lease...

Yankee Candle Village Remains For Sale More Than Six Months After Closing

WILLIAMSBURG-After closing more than six months ago, the former Yankee Candle Village on Richmond Road, which is currently for sale, remains empty with no potential buyers. The two-story 64,000 square foot building sits on 6.5 acres at 2200 Richmond Rd....

Computer Concepts Reopens In New Location

JAMES CITY-A ribbon cutting was held at the end of October for The Computer Concepts location in Williamsburg. The business, which is located in New Town, recently moved to another space a block away. Computer Concepts is now located at...

Industrial Property In Newport News Sells For $2.4 Million

NEWPORT NEWS-On November 3, Cushman & Wakefield/Thalhimer announced the sale of an industrial building in Copeland Industrial Park. Greenland Enterprises Inc., bought the building, located at 5100 Chestnut Ave., from Solo Incorporated for $2,492,000. The new owner purchased the 53,255...

Latest news

DMV Demolition Project In Williamsburg Begins

WILLIAMSBURG-On May 12, demolition began at the site of the former Department of Motor Vehicles (DMV) on Capitol Landing Road. The DMV building as well as adjacent buildings at the corner of Capitol Landing Road and Merrimac Trail are...

HR SportspleX Is Ready To Celebrate One-Year Anniversary

NEWPORT NEWS—Even though they’ve been open for almost a year now, Al Cousineau, managing partner of HR SportspleX in Newport News, is still surprised when people tell him they didn’t know the place existed. “Having a successful launch and realizing...

Ribbon Cutting Ceremonies Set For May 20 For Three Williamsburg Minority-Owned Businesses

JAMES CITY-As part of ongoing efforts to promote and support minority-owned businesses in the Greater Williamsburg area, a ribbon cutting ceremony event will be held on Friday, May 20 beginning at 11:45 am for three local businesses. The three businesses...