Commonwealth Commercial Partners Awarded Property Management Project of City View Tower
Jan 29, 2019
Norfolk, VA – January 14, 2019 – Commonwealth Commercial Partners (CCP) is pleased to announce it has been awarded the property management of City View Tower Building in downtown Norfolk at 555. E. Main Street. The property is owned by Norfolk Redevelopment and Housing Authority (NRHA), which is one of the building’s larger tenants. City View Tower, built in 1977, is approximately 125,850 square feet and 17 stories high, including six stories of parking.
This assignment for CCP includes property management and construction management, and leasing services. “We are very excited to manage this property for the NRHA, which represents Commonwealth Commercial’s first entry into the downtown Norfolk office market,” said Craig Cope, Managing Director at Commonwealth Commercial in Hampton Roads. “We look forward to a successful partnership, as well as the opportunity to increase our presence in the downtown Norfolk area.”
City View Tower is 80% leased, with larger tenants including PNC Bank, Taylor & Walker, P.C., and Tavss, Fletcher, Maiden & Reed, P.C. Deborah Stearns and Christine Young with JLL will manage the leasing for the remaining space on behalf of Commonwealth Commercial.
CCP has over 2,750,000 SF under management in the Hampton Roads area, including Interstate Corporate Center, Reflections Office Park, Battlefield Corporate Center, Liberty Executive Park, 2797 International Parkway, Windwood Centre, Towne Place at Greenbrier, and 1537 Air Rail Ave. CCP has over 15,000,000 SF under management nationwide.
About Commonwealth Commercial Partners, LLC
Founded in 1996, Commonwealth Commercial is a leading full-service commercial real estate firm headquartered in Richmond, VA, with offices in Hampton Roads VA, Nashville TN, Jacksonville FL, Tampa FL, Greensboro NC, Charlotte NC, Raleigh/Durham NC, Greenville SC, Charleston SC, Kansas City MO, Houston TX and Reading PA. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services. To learn more, visit www.commonwealthcommercial.com.