Arlington Courthouse LLC, a California
real estate company, sold the Arlington Courthouse
Hilton Garden Inn to Northridge Capital for
$51.9 million. The 189-room hotel is on Arlington’s Courthouse Road and has 1,200 square feet of meeting space. (News
release)
Universal Leaf Corp., a Richmond-based tobacco
company, sold a one-story, 750,000-square-foot facility
on 66 acres to Silagi Development
and Management Corp. of Thousand Oaks, Calif., a privately-owned
commercial real estate developer. (Business Wire)
Developers Norris Blanks, Bruce Johnson and Sheppherd
Kolb bought the former headquarters
of Dimon Inc. in
downtown Danville for $1.5 million. A speculative investment, the deal includes
a 126,000-square-foot headquarters building, two warehouses
with 100,000 square feet of space, and the Carrington Center with another 15,000 square
feet of space. (Danville Register & Bee)
