For
the Record is
compiled from company releases, business
journals and newspaper reports from around
the state. If you have an item for these
listings:
Mail it to:
For the Record
Virginia Business Magazine
P.O. Box 85333
Richmond, VA 23293
Coliseum Corner, a 49,000-square
foot shopping center in Hampton, has been sold
to Ziff Properties, a Charleston, S.C.-based firm
with over 2 million square feet of properties
throughout Virginia, the Carolinas, Georgia, and
Northern Florida. The center is leased and managed
by Divaris Real Estate, which is headquartered
in Virginia Beach. (Press release)
Columbia Sussex Co., a Fort Mitchell,
Ky. company that owns and operates two Richmond
hotels, bought the Williamsburg Marriott. The
295-room hotel, a Hilton until 1994, will retain
the Marriott name. No major changes in jobs
at the facility are planned. (Daily Press)
Hunton & Williams, a Richmond law
firm, agreed to an extension of its downtown
lease at Riverfront Plaza. The original lease
would have run out in 2006. One of the world’s
50 largest firms, Hunton & Williams considered
other options, including building its own facility,
or moving all or part of the firm to a suburban
location. The firm will continue to rent 298,000
square feet of space with options for expansion
and lease extension. (Richmond Times-Dispatch)