S.J. Collins Enterprises delivers prime locations to growing retailers. By seeking long term relationships with high growth retailers, we are able to deliver fast results and a great value for our direct retailers. Let us show you how we can perform! Read more
A $250 million research, retail, residential and commercial campus has been proposed for a prime plot in Newport News.
Newport News-based W.M. Jordan Co. has partnered with the Georgia-based retail developer S. J. Collins Enterprises, Virginia Tech and the city of Newport News to build a Tech Center on 43 acres next to the Thomas Jefferson National Accelerator Facility – another partner better known as Jefferson Lab – on the corner of Oyster Point Road and Jefferson Avenue.
W.M. Jordan purchased the vacant piece of property in 2010 from the College of William and Mary Foundation for $8 million and now plans to privately fund a development that includes 300,000 square feet of retail space Read more
For those counting the days until Whole Foods opens its first Savannah store, the wait may be significantly shorter than anticipated.
Officially, the high-end grocer is sticking to its original targeted opening date of fall 2014 for its planned 35,000-square-foot market at the former Backus automobile dealership on Victory Drive. But the developer is to turn over the space to Whole Foods next April, and marketing materials for the site list Oct. 15, 2013 as the market’s opening date.
The sale of the Backus property and five other neighboring parcels closed Friday. Crews were on site Monday doing utility work, and demolition of the existing buildings on the site could commence as soon as Read more
SOUTHEAST SURVEY: BULLS OUTNUMBER BEARS
Industry pros anticipate more deal volume in 2012.
The exclusive online survey conducted by Southeast Real Estate Business concluded that as a whole, there is a sense of cautious optimism that business will pick up in 2012 compared to 2011, although recovery will continue to be slow.
In the broker survey, respondents were asked if commercial real estate values in the Southeast have hit bottom. More than half of the respondents (52.3 percent) indicate recovery in the Southeast is spotty, varying by property type and location. Moreover, 30.5 percent say values have hit bottom, and 15.6 percent believe it has not yet seen its lowest point. See Broker Opinions of Value. Read more
Creating social-media pages to connect with customers is by now a common practice for shopping center companies across the globe. But even though building relationships is a basic part of their job, relatively few executives in the industry take maximum advantage of online tools like Google Plus or Twitter to network personally with peers, experts say. Real estate is serious business, after all, and given that the popular use of social-media status updates tends toward the trivial — a college buddy goofing on Hollywood actor Charlie Sheen, say, or somebody’s aunt trumpeting her latest victories on Facebook’s Bingo Blitz — some professionals remain wary of the likes of Twitter, where postings are limited to 140 characters in length. Read more