Newmark Arranges $26M Sale of 234K-SF Office Tower in Norfolk
Newmark has arranged the $26 million sale of 150 West Main Street, a 233,772-square-foot trophy office tower located in Norfolk, Virginia’s Waterside District. The buyer was Kawa Capital Management, and the property was sold by Gate Petroleum Company. Newark’s Mark Williford,…
Newmark has arranged the $26 million sale of 150 West Main Street, a 233,772-square-foot trophy office tower located in Norfolk, Virginia’s Waterside District. The buyer was Kawa Capital Management, and the property was sold by Gate Petroleum Company. Newark’s Mark Williford,…
BELLINGS Intelligence Score: 10
Why it matters
This is a routine commercial real estate transaction involving the sale of an office tower, with no novel financing structure or broader market impact.
Sources
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Newmark Arranges $26M Sale of 234K-SF Office Tower in Norfolk
Newmark has arranged the $26 million sale of 150 West Main Street, a 233,772-square-foot trophy office tower located in Norfolk, Virginia’s Waterside District. The buyer was Kawa Capital Management, and the property was sold by Gate Petroleum Company. Newark’s Mark Williford,…