Divaris Real Estate Inc. was named
exclusive leasing agent of Birdneck Shoppes,
a 23,724-square-foot shopping center near Virginia Beach
’s oceanfront. (News release)
Water Tower Associates LLC and 620
Moorefield LLC bought Moorefield VI from Moorefield
VI LC for $2.4 million. The facility is a 29,326-square-foot,
two-story lakefront building, in the Richmond area’s
Midlothian corridor, which caters to firms needing
small to mid-size office suites. (News
release)
Kettler, a Northern Virginia real estate
development firm, bought 19.4 acres in Pentagon City
from affiliates of Vorando Realty Trust for
$220.4 million. For seven years Kettler has been
ground lessee of the property, site for a ten-phase apartment
development project. (News
release)
Land Capital Group, a Park City, Utah, real estate
development firm, is planning a mixed use development
in Louisa County at Rt. 15 and Interstate 64, Merchants
Walks at Zion Crossroads. The 119-acre site will
feature 650,000 square feet of retail, food and entertainment. (News release)
Liberty Property Trust sold the remainder of
its warehouse/flex holdings in River’s Bend
Corporate Center. First Potomac Realty bought River’s
Bend II (158,400 square feet and 85% occupied) and River’s
Bend IV (146,000 square feet and 100% leased). The
sale was undertaken to balance Liberty
’s warehouse and office portfolio in the Richmond
area. (News release)
