Monday, September 26, 2022

Real Estate

Apartment Complex In Newport News Sells For $32 Million

Newport News-An apartment complex in Newport News was recently sold for more than $30 million. Berkadia reported the sale of the 256-unit development on September 22. Stoneybrook & Associates, LLC sold the Village of Stoneybrook on Cox Landing for $32 million...

Bonaventure Purchases Two Apartment Complexes In Hampton Roads

Bonaventure, an Alexandria-based company that focuses on the development, construction, and property management of multifamily communities, recently announced it bought two separate apartment complexes in the Hampton Roads region. On September 16, it was announced that Bonaventure acquired properties in...

Newport News Sells Off More King William Reservoir Land

NEWPORT NEWS – The City of Newport News continues selling off parcels of what was at one time going to be a reservoir in King William County. On September 13, the city council voted to sell three more parcels...

Apartment Complex In Hampton Sells For More Than $45 Million

HAMPTON-An apartment complex on Tide Mill Lane in Hampton was recently sold. The sale of the property, which closed on July 21, was announced in a release on September 14. Heather Lake, located at 99 Tide Mill Ln., is a 252-unit...

Local Small Businesses Unite To Tackle Affordable Housing Crisis Through $2,000 Raffle Basket

GLOUCESTER-Consociate Media, a Gloucester-based public relations and marketing firm, celebrated its 10th anniversary last year. Instead of throwing a gala event in honor of the milestone, Stephanie Heinatz, founder and managing partner of the firm, decided to spearhead a...

New Leases Signed On The Peninsula Include Retail Businesses, Law Firms, And Other Companies

Several new businesses have signed leases to open in recent months or have already opened on the Peninsula, according to Cushman & Wakefield/Thalhimer. In June, it was announced that Beauty Outlet leased 25,442 square feet of retail space at Peninsula...

Vector Force Development Leases Space In Hampton

HAMPTON—Vector Force Development, a Service-Disabled Veteran-Owned Small Business (SDVOB) that provides dedicated services in 20 states across the U.S., recently leased 1,420 square feet of industrial space at 707 Howmet Dr. in Hampton. The company provides a variety of services,...

Brent And Becky’s Bulbs In Gloucester Buys Neighboring Venue

GLOUCESTER – When Becky Heath, co-owner of Brent and Becky’s Bulbs, learned the venue that is home to the Flat Iron Crossroads non-profit organization was for sale, she grew concerned. It is across the street from her and her husband’s...

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Latest News

Hampton Planning Commission Approves Live Entertainment Request For 29th & Green Bistro

HAMPTON-The City of Hampton’s Planning Commission recently approved two new zoning amendments, giving the green light to a nightclub to offer live entertainment and...

Home-Based Business Conference Planned For October 7

YORK – With the number of home-based businesses on the rise in the region, the Peninsula communities are continuing to do all they can...

Zoll Vineyards Fitting In Nicely In Gloucester

GLOUCESTER – In the northeast part of Gloucester, in an area called Dutton, sits a small winery on a narrow two-lane country road. There’s...

Local Businesses Among Nominees For VRLTA’s Ordinary Awards

Several local businesses in the hospitality industry are among this year’s nominated finalists for the 2022 Ordinary Awards. The Virginia Restaurant Lodging & Travel Association...

Newport News, Williamsburg Receive 2022 Innovation Awards

Two localities on the Peninsula recently earned 2022 Innovation Awards through The Virginia Municipal League. The Virginia Municipal League is a statewide non-profit competition that...