Ashby Development would like to thank our strategic partners at NAI Dominion for their quick results in leasing our 12,000 sqft industrial property in Chesapeake, Virginia. CHESAPEAKE, VIRGINIA: NAI DOMINION, announces the completion of the following transaction in the Hampton Roads metropolitan market for 12,000 square feet of flex space. Maurice Electrial leased 12,000 square feet of...more
Do you know how to use a Cap Rate?
Cap Rates are used almost daily by all commercial real estate professionals. Whether it be calculating a listing price, and offering price, or looking for an investment. The link below is a very interesting article on Cap Rate Variations. CCIM Cap Rate Variations Discussion...more
Ashby Development Transaction Announcement
Ashby Development is pleased to announce the sale of one of its development projects located in Chesapeake, VIrginia. 920 Corporate Lane, Chesapeake, Virginia, 23320, a 33,000 square foot office project was sold to an owner/user. Patrick L. Reynolds, CCIM represented the ownership entity in the transaction....more