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pinewood plaza
72,000 Rentable Square Feet
Hampton, Virginia

Acquired as part of a portfolio owned by G.E. Capital, this class A office building is strategically located directly off the interchange of Interstate 64, directly across from the Power Plant, an exciting retail and restaurant complex. Pinewood Plaza is also near the highly sophisticated Hampton Convention Center with its 12-story Embassy Suite hotel.

Acquired as part of a portfolio owned by G.E. Capital, this class A office building is strategically located directly off the interchange of Interstate 64, directly across from the Power Plant, an exciting retail and restaurant complex. Pinewood Plaza is also near the highly sophisticated Hampton Convention Center with its 12-story Embassy Suite hotel. A first class refurbishment of all the common areas as well as enhancements to the exterior combined with an aggressive leasing program, taking Pinewood Plaza from a 70% occupancy at acquisition to 95% occupancy within the first year of ownership. Tenants include Boeing, Northrup Grumman, Lanier Worldwide, City of Hampton and GSH real Estate.

VALUE ACHIEVED

  • Enhanced the property with a first class refurbishment.
  • Acquired the property at 70% occupancy; within a year after our ownership, achieved a 95% occupancy.
  • Re-engineered operating procedures resulting in significant savings.

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BERMAN KAPPLER PROPERTIES, LLC • 8000 TOWERS CRESENT DRIVE • SUITE 1300 • VIENNA, VIRGINIA 22182
TEL: 703-556-3242 • Copyright 2014 Berman Kappler Properties, LLC All Rights Reserved