Berkshire Property Advisors of
Boston bought
River
Park
Tower, a 184-unit, 19-story apartment tower in
Newport News from TVO River Park Partners LP, for $14.7 million. (News
release)
Monmouth Real Estate Investment Corp. of Freehold,
N.J., bought an 83,000-square-foot industrial building
in
Roanoke from NPI Properties – Roanoke LLC for
$7.1 million. The facility is net-leased to DHL through
December 8, 2016, with a lease guaranteed by Airborne
Freight Corp. (PRNewswire)
Waterford Commercial Development of
Reston plans to build a $150 million complex in the Innovation@Prince
William
Technology
Park in
Manassas. The 640,000-square-foot project will be located
on a 50-acre site and will house spin-off companies from George
Mason University and other life sciences projects
in about nine buildings. (News release)
