Monday, January 24, 2022

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Commercial Real Estate

Elite Auto Body Inc. Set To Open New Location In Newport News

NEWPORT NEWS—A vacant industrial property located at 529 J. Clyde Morris Blvd. in Newport News was recently sold for $1.2 million. The 21,845-square-foot light manufacturing (M1-Zoned) building is situated on 2.37 acres and was purchased by Haras921B, LLC from...

DMY Engineering Consultants Buys Industrial Buildings In Hampton

HAMPTON-Several industrial buildings in Hampton have been sold. On January 10, it was announced that DMY Engineering Consultants, Inc. purchased three industrial buildings located at 400 and 410 Copeland Dr. and 2101 50th St. in Copeland Industrial Park. DMY Engineering Consultants...

Former Dairy Queen On Bypass Road In Williamsburg May Become a Car Rental Business

YORK-On January 12, The York County Planning Commission will hear a proposal to convert a vacant business on Bypass Road that once housed a Dairy Queen into a car rental facility. York received a request for a special use permit...

York County’s Options Limited When It Comes To Future Of Marquis Shopping Center

YORK–Two days after Dick’s Sporting Goods in the Marquis Shopping Center off Humelsine Parkway closed, York County’s Economic Development Director was blunt when discussing the prospects of a replacement. There’s not much the county can do. “Not really,” Economic Development...

Williamsburg Buys Land For New Police Station

WILLIAMSBURG-In December, the City of Williamsburg officially purchased land on Lafayette Street for the construction of a new police station. Williamsburg purchased 1.5 acres of land at 715 Lafayette St. near the Municipal Building for $700,000 with the intent of...

Newport News City Center Properties Sold for $74 Million

NEWPORT NEWS—Several retail and office spaces in City Center at Oyster Point were recently sold to Murphy Property Group of Florida for $74 million. The sale includes a total of ten Class A properties consisting of 547,466 square feet...

Several Williamsburg Area Dining Establishments Listed For Sale

This story has been updated to reflect the fact that The Sportsmans Grille is in York County, not James City County. Additionally, the owner of The Sportsmans Grille is selling the business in preparation for retirement. WILLIAMSBURG-Several food and beverage...

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...