Virginia Businesses in the News


Real Estate
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For the Record is compiled from company releases, business journals and newspaper reports from around the state. If you have an item for these listings:

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For the Record
Virginia Business Magazine
P.O. Box 85333
Richmond, VA 23293

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Atlantic Realty Cos., a Vienna commercial real estate firm, purchased a 106,500-square-foot office building at 8618 Westwood Center Drive in Vienna from American Realty Advisors of Los Angeles. The acquisition boosts the company’s Northern Virginia portfolio to 3.1 million square feet. (02/25/04, PRNewswire)

Damuth Trane Co., a Chesapeake-based provider of heating and air conditioning equipment, leased 6,000 square feet of office space in Oyster Point West. It will be the second facility for the company that has operated in Hampton Roads since 1970. (02/25/04, Press release)

Racehorse Properties, owned by principals of the law firm Huff, Poole & Mahoney, purchased a 31,723-square-foot office building at 4705 Columbus St. in Virginia Beach. The law firm has occupied the building since 1989 and will lease out 6,000 square feet of surplus space. (02/24/04, Press release)

McKesson Corp., a San Francisco-based provider of core health care management products and services, renewed a long-term lease for 90,000 square feet of warehouse space in Richmond’s Fairgrounds Distribution Center. (02/12/04, Press release)

Philip Morris USA, a tobacco products manufacturer headquartered in Richmond, signed a long-term lease for 80,000 square feet of warehouse space on Hill Carter Parkway in Richmond. (02/12/04, Press release)

Atlantic Realty Cos., a Vienna-based commercial real estate firm, acquired a portfolio of buildings in Montgomery County Airpark in Gaithersburg, Md. The four industrial/service-retail facilities total over 104,500 square feet on 5.35 acres. (02/09/04, Business Wire)

Champion Window Co. of Richmond, purchased 2.66 acres of land at the intersection of I-95 and Lewiston Road in Richmond. The company plans to build a showroom, warehouse and office facility. (01/30/2004, Press release)


 

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