Norfolk Real Estate Moves Show Market Confidence | Virginia Beach News

S.L. Nusbaum Realty Co. just locked in a ten-year lease extension for their downtown Norfolk HQ, signaling deep roots and confidence in the area. Meanwhile, Ascendent Capital Partners snapped up eight hotels with 965 rooms from Coastal Hospitality Associates, with Schulte Hospitality Group stepping in to manage them all. Industrial Realty Group also made a splash, buying a 100K sq ft warehouse in Suffolk for nearly $5.6M — proof that commercial real estate is buzzing with long-term bets on growth and stability. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/607079e122600b57