Challenger
Development, a Hampton
Roads development firm, is building a three-story,
45,000-square-foot, Class A office condominium for
smaller professional firms. Located in the Oakbrooke
Business & Technology Center,
the Oakbrooke Professional Center will house a maximum
of 16 suites up to approximately 3,700 square feet. (News
release)
Patriot
Equities bought The LandAmerica Building in
Richmond from LandAmerica
Financial Group for $9 million.
The facility is a 127,000-square-foot, Class A office
building. (News release)
Waverton
Commerce Park LLC, a unit of Portsmouth's Waverton
Associates Inc., bought 81 acres along Carolina Road
in Suffolk and plans to develop the site into an industrial
park serving port-related businesses such as trucking
and warehousing. (The Virginian-Pilot)