Portfolio of Properties
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Edinburgh Commons is an 850,000 square foot regional commercial retail development anchored by Home Depot and Target. Voted Best of Chesapeake Silver Winner for 2008, Edinburgh Commons is well positioned at Virginia Route 168 Bypass, Hillcrest Parkway and Battlefield Boulevard in Chesapeake, Virginia where the average traffic count is over 35,000 cars daily. Edinburgh is recognized as the 2nd wealthiest zip code in Hampton Roads. This is truly the growing area of Chesapeake and is acknowledged by the City of Chesapeake as the "New Greenbrier."
Phase I of Edinburgh Commons, Edinburgh East, is anchored by Home Depot and additional tenants include Quizno's Subs, Edinburgh Animal Hospital, Wendy's and Wawa.
Phase II, Edinburgh North, is anchored by Target and also includes Bank of Hampton Roads, Kramer Tire, Chick-fil-A, with Buffalo Wild Wings and Burger King to open soon. Some in-line tenants include Kay Jewelers, Claire's, Great Clips, Play N' Trade, Athlete's Foot, ABC Store, ATA Karate, Blue Heron Café, Twist Salon, Goin' Postal, State Farm, Advance Cash, Carolina Cupcakery, Solar Beach, Payless Shoes, Let's Talk Wine, Subway, ABC Store, Perfectly Frank and El Gran Rodeo, just to name a few.
Edinburgh West, the third and final phase of Edinburgh Commons, will be anchored by Super Wal-Mart and is anticipated to complete construction and open spring 2010; Cracker Barrel and Arby's are now open. We are currently in lease negotiation with numerous national tenants. 331,700 square feet of leasable in-line shops will be available upon the completion of Edinburgh West.
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Red Mill Commons, voted Best of Virginia Beach Gold Winner for 2008, is located at the southwest corner of Nimmo Parkway and Upton Drive in Virginia Beach. With over 747,000 square feet, this super regional center is anchored by Super Wal-Mart, Home Depot and includes big box tenants such as TJ Maxx, Michaels, Walgreen’s, Pier 1 Imports and Bath and Body Works. With over 90 other retailers, this is a unique, inclusive place to have your one-stop shop. With Red Mill Walk (Phase II) joining Red Mill Commons, this shopping center now encompasses 1,014,000 square feet.
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Red Mill Walk, Phase II of Red Mill Commons, is a 266,000 square foot power center adjacent to Red Mill Commons in Virginia Beach, Virginia. Target opened its doors March of 2008 and other occupants include El Pollo Loco, Bank of the Commonwealth, Office Max, Primo Pizza, KP Nails, Taps, Back Bay Gourmet, Super Cuts, Café Fresh by Juice Zone, Simply Gifted, 17th Street Surf Shop, Pearle Vision, AT&T, Play N' Trade, Schlotzsky's and many more.
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The Marketplace At Hilltop is a 121,000 square foot lifestyle center anchored by Borders Books, Michaels Arts and Crafts, Chick-fil-A, Schlotzsky’s and Panera Bread. Hilltop is the premier retail corridor in Virginia Beach which services the affluent residential market of the Virginia Beach Oceanfront and Great Neck Road corridor. Other tenants include Burton's Grill, Total Wine, Now Showing, Verizon, FedEx Kinko's, Gary Allen Hair and Skin Care and Bangkok Garden. First Colonial Road and Laskin Road maintain traffic counts in excess of 70,000 cars daily.
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Great Neck Centre is an 18,000 square foot neighborhood center anchored by Blockbuster, Zoots, Wendy's and the largest grossing Subway in Virginia Beach, Virginia. Located at the corner of Great Neck Road and Mill Dam Road, the average daily traffic count for the intersection is over 40,000 cars daily.
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New Town Shops on Main is well positioned at the northeast side of Route 199 at the intersection of Monticello Avenue and Ironbound Road in Williamsburg, Virginia. New Town Shops on Main is a 365 acre mixed-use community containing 1.7 million square feet of retail, office, research and development, entertainment, residential, industrial and civic space. Existing tenants include Barnes and Noble, Consolidated Theaters, Old Navy, Ann Taylor LOFT, Bonefish Grill, Chico's, J Jill, Victoria's Secret, Panera Bread and many more.
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Armory Station is located on the corner of Armory Drive and Route 58 (Southampton Highway) in Franklin, Virginia. This new 65,000 square foot Farm Fresh-anchored shopping center development offers three (3) 1+/-acre outparcels for sale or ground lease. Also, 10 +/- acres residual land is for sale which is an ideal opportunity for a hotel or shopping center development. Surrounding tenants include Wal-Mart, Arby's, Exxon, Wendy's, Applebee's, Pizza Hut, Burger King, Belk, Food Lion, Lowes, Advance Auto, Pizza Hut, KFC, Walgreen's and Rite Aid.
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George Washington Highway at Canal Drive lays a 1.3 acre tract of land for sale. This parcel is zoned B-1 and has 56,837 +/- square feet of GLA. Currently there are 27,500 cars daily at the signalized intersection of George Washington Highway and Canal Drive.
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Mount Pleasant Village is a 39,970 square foot neighborhood shopping center located at the signalized intersection of Mount Pleasant Road and Centerville Turnpike in Chesapeake, Virginia. Adjacent to a new 100,000 square foot Farm Fresh anchored Shopping Center, this center in located in a continually growing area of southern Chesapeake with several high-end residential communities within close proximity. Some surrounding retail include Bloom, Food Lion, BP, Hardee's, Tread Quarters, Banks of Hampton Roads, Rite Aid, Bloom, Wendy's, 7-11, Autobell Car Wash and Navy Federal Credit Union. There are over 33,000 cars daily at the intersection of Centerville Turnpike and Mount Pleasant Road.
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Huron Place at Mount Pleasant Road is a signalized intersection in Chesapeake, Virginia with 1.8 acres of land for sale. This is located across the street from a new 100,000 square foot Farm Fresh-anchored shopping center, Mount Pleasant Marketplace. This is tract of land is positioned in a continually growing area of southern Chesapeake with several high-end residential communities within close proximity. Some surrounding retail include Bloom, Food Lion, BP, Hardee's, Tread Quarters, Banks of Hampton Roads, Rite Aid, Bloom, Wendy's,
7-11, Autobell Car Wash and Navy Federal Credit Union.
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Former Hollywood Video is located at the signalized intersection of Princess Anne Road and South Independence Boulevard, near the campus of Tidewater Community College in Virginia Beach, Virginia. This building has great visibility and is located in front of a Target anchored shopping center. Currently, there are over 77,000 cars daily at the intersection of Princess Anne Road and South Independence Boulevard.
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The Bank @lantec Center is a 10,000 square foot freestanding building located at the intersection of Greenbrier Parkway and Crossways Blvd in the Greenbrier corridor of Chesapeake, Virginia. Bank @tlantec is anchored by Taste Unlimited and is across the street from Greenbrier Mall. The center boasts traffic counts in excess of 80,000 cars daily. Surrounding retail includes Dillard’s, Macy’s, Sears, Best Buy, Target, Babies R Us, Wal-Mart, Sam’s Club, Garden Ridge, Kohls, Home Depot, Lowe’s, PetsMart, SteinMart, Harris Teeter, Food Lion, Barnes and Noble, Pier 1 Imports, Cracker Barrel, Lone Star Steakhouse, Joe’s Crab Shack, Value City Furniture, Circuit City, Michaels, Office Max, Ruby Tuesday’s, JC Penney, Paradocks, Moe’s Mexican Grill, Marshalls, TJ Maxx, Ross, DSW Shoes, Olive Garden, Red Robin, Smokey Bones BBQ, and many more.
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Former Wafflehouse restaurant is for lease adjacent to the Spotsylvania Mall at the intersection of I-95 and Plank Road in Fredericksburg, Virginia. This 3,300 square foot freestanding restaurant has a Pylon sign visible from I-95. There are over 57,000 cars daily on Plank Road at I-95.
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Towne Place at Greenbrier is a new 175,000 square foot lifestyle center located in the heart if the Greenbrier area of Chesapeake at the intersection of Eden Way and Executive Boulevard. Co-tenancy includes Jos A Bank, Chico's, Golf Headquarters, Jason's Deli and Moe's Southwestern Grill. Some surrounding national tenants include Target, Barnes and Noble, Office Max, Harris Teeter, TJ Maxx, Office Depot and Michaels Arts and Crafts. The traffic count on Eden Way is currently 43,000 cars daily.
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Chesapeake Square Mall is located at 4200 Portsmouth Boulevard off I-664 in Chesapeake, Virginia. This 800,000 square foot super regional mall includes anchors such as Macy’s, JC Penney, Dillard’s, Sears and Target. There is currently 4,500 square feet of restaurant space available for lease. Portsmouth Boulevard and I-664 maintain traffic counts over 86,000 cars daily.
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Salem Lakes Marketplace is a Food Lion-anchored shopping center located at the intersection of Salem Road and Salem Lakes Boulevard in Virginia Beach. There is 2.26 acres of land zoned B-2 available adjacent to this center. This is a great opportunity for small shop expansion of 18,400 square feet and possible outparcel.
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