S.J. Collins News

Tuesday, February 21, 2012 - 12:25pm


Industry pros anticipate more deal volume in 2012.
by Savannah Duncan of Southeast Real Estate Business

The exclusive online survey conducted by Southeast Real Estate Business concluded that as a whole, there is a sense of cautious optimism that business will pick up in 2012 compared to 2011, although recovery will continue to be slow.

In the broker survey, respondents were asked if commercial real estate values in the Southeast have hit bottom. More than half of the respondents (52.3 percent) indicate recovery in the Southeast is spotty, varying by property type and location.

Tuesday, February 21, 2012 - 12:23pm

There’s a Metropolitan Planning Commission agenda item for today that’s sure to draw some attention.

And that development plan is going to be an interesting test case to see if various city, county and state agencies can work together to boost investment and job growth.

The MPC will look at the general development plan for 1801 East Victory Drive, the old Backus Cadillac property. MPC staff is recommending approval of the plan, assuming five conditions can be met.

Monday, February 20, 2012 - 8:03am

Creating social-media pages to connect with customers is by now a common practice for shopping center companies across the globe. But even though building relationships is a basic part of their job, relatively few executives in the industry take maximum advantage of online tools like Google Plus or Twitter to network personally with peers, experts say. Real estate is serious business, after all, and given that the popular use of social-media status updates tends toward the trivial — a college buddy goofing on Hollywood actor Charlie Sheen, say, or somebody’s aunt trumpeting her latest victories on Facebook’s Bingo Blitz — some professionals remain wary of the likes of Twitter, where postings are limited to 140 characters in length.

Sunday, February 19, 2012 - 8:16pm

By Danielle Walker of Inside Business, The Hampton Roads Business Journal

Whole Foods Virginia Beach

The walls are up, and Whole Foods should start doing interior work by spring on the Virginia Beach store.

Plans for the region's first Whole Foods Market are ahead of schedule, according to the developer of the Virginia Beach project.