Corporate Office Properties Trust
of Columbia, Md., bought six buildings totaling 204,605
square feet in King George County’s Dahlgren Technology
Center for $26.3 million. The deal advances the company’s
focus on properties near defense and intelligence facilities.
(Business Wire)
Noland Properties, a subsidiary
of Noland Co., a wholesale supplier of plumbing
equipment, bought 4.5 acres in Patrick Henry CommerCenter
in Newport News for $445,000. Noland plans to build
a new facility away from its traffic-congested headquarters
site and provide for a more efficient sales and distribution
operation. (Daily Press)
Triumph Real Estate Corp., a
Colorado real estate developer, will build a 135,000-square-foot
shell building in Suffolk Industrial Park. The company
will invest $6 million in the warehouse and distribution
center on a 10.5-acre site. (The Virginian-Pilot)
