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News release

HAMPTON ROADS, VA

JLL Reports Hampton Roads, Virginia Transactions Totaling More Than 260,000 Square Feet


HAMPTON ROADS, VA, FEB. 19, 2015 – JLL has completed several transactions in the Hampton Roads, Virginia market totaling 262,728 square feet. The transactions include the following:

INDUSTRIAL SALES

  • Boeringer Ingelheim (BI) sold a 219-acre pharmaceutical campus in Petersburg.  Erin Corrie, Gregg Christoffersen and Jimmy Appich represented the seller.

TENANT REPRESENTATION

  • L&W Supply Corporation leased 31,812 square feet at 5600 Virginia Beach Blvd. in Norfolk. Gregg Christoffersen and Maureen Rooks represented the tenant.
  • EdgeConneX leased 19,820 square feet at 3800 Village Ave. in Norfolk. Gregg Christoffersen represented the tenant.
  • Clarus Fluid Intelligence leased 19,275 square feet at 7421 Central Business Park Drive in Norfolk.  Wes Edwards represented the tenant.
  • OfficeMax leased 10,000 square feet at 520 Woodlake Drive in Chesapeake. Gregg Christoffersen and Erin Corrie represented the tenant.
  • Stop Hunger Now leased 5,768 square feet at 4575 Progress Road in Norfolk. Deborah Stearns represented the tenant.
  • Rexel leased 4,000 square feet at 11861 Canon Blvd. in Newport News. Gregg Christoffersen represented the tenant.

LANDLORD REPRESENTATION

  • Continental Terminals leased 98,000 square feet at 1400 Cavalier Drive in Chesapeake. Erin Corrie and Gregg Christoffersen represented the building owner.
  • Flo-Serve leased 23,585 square feet at 3732 Cook Blvd. in Chesapeake. Gregg Christoffersen and Erin Corrie represented the building owner.
  • Cross Fit leased 19,853 square feet at 1081 W 35th St. in Norfolk. Deborah Stearns and Gregg Christoffersen represented the building owner.
  • SunTrust Bank leased 13,964 square feet at 11817 Canon Blvd. in Newport News. Deborah Stearns and Maureen Rooks represented the building owner.
  • Taylor Walker leased 12,280 square feet at 555 E Main St. in Norfolk. Deborah Stearns, Maureen Rooks and Wes Edwards represented the building owner.
  • Sterne, Agee & Leach leased 2,578 square feet at 999 Waterside Drive in Norfolk. Deborah Stearns, Maureen Rooks and Wes Edwards represented the building owner.
  • Lawrence K. Land leased 1,793 square feet at 101 W. Main St. in Norfolk. Wes Edwards and Deborah Stearns represented the building owner.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $53.6 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.