Stay updated with breaking news from Mark Hourigan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
While it has the construction team in place, the Danish toymaker now expects to start production as the factory in 2027, rather than 2025 as initially announced.
The sale comes about a year after Hourigan sold the largest piece of its Deepwater Industrial Park to a different buyer for $128 million.
The 1.2 million-square-foot industrial facility sold for $106 a foot to a California-based REIT. It’s the second biggest real estate deal in the city this year.
Upon demolishing the old silos later this year, Hourigan Development is planning to construct what will be among the tallest residential buildings to be built in the city in recent years.
Former Rep. Dave Brat, who staged one of the biggest upsets in national political history by unseating then-House Majority Leader Eric Cantor in a Republican primary in 2014, is returning