As some of you know, I’m in the process of writing a book. I’m still in the planning stages and haven’t even thought about things like book layout design so it’s going to be a while before it’s ready. Because I’m still finalizing...
Two separate commercial real estate transactions totaling about $10.5 million closed earlier this month in the Fredericksburg area. The fully leased 16,200-square-foot property in Spotsylvania County’s Cosner’s Corner shopping center that includes a Sweet Frog and...
The outlook for commercial real estate markets among industry leaders is modestly optimistic as economic fundamentals show slow yet steady improvement. At the same time, public policy uncertainties in Washington and concerns over a potential rise in interest rates...
Silver Companies has sold a Class A office building in the Quantico Corporate Center to JMC Holdings LLC for $40 million. The 135,732-square-foot building at 800 Corporate Dr. is the first office property in Virginia to be acquired by JMC, a private entrepreneurial...
First Citizens Bank this week purchased the land where it will build a new branch near the southwest corner of U.S. 1 and Cowan Boulevard in Fredericksburg. The bank paid $1.6 million for the 1.68-acre pad site in the Silver Cos.’ Cowan Crossings development. The land...
The slow but steady progress in the recovery of the economy continued to present somewhat of a conundrum for the office market in the first quarter. On the one hand, despite moving in fits and starts, the recovery has helped stablize the office market and support...