Norfolk, Va. – July 29, 2013 – CBRE|Hampton Roads is pleased to announce Palladium Registered Investment Advisors, LLC has leased 10,348 SF in Dominion Tower at 999 Waterside Drive in Norfolk, Va.
Palladium was founded in January 2008 and manages approximately $1.6 billion in assets. Their services include investment management to institutional and individual clients.
Dominion Tower is a 26-story, 403,276 SF, Class A building located along the water in Downtown Norfolk’s financial district with direct access to Interstates 264 and 464. On-site amenities include YMCA, banking, dry cleaners, florist, US Post Office, coffee shop and a full service restaurant.
Perry Frazer and Chamie Burroughs of CBRE|Hampton Roads represented the tenant in the transaction.
About CBRE – Hampton Roads
CBRE |Hampton Roads is an affiliate office of CBRE Inc. serving the Hampton Roads region. The firm assists real estate owners, investors and occupiers by offering strategic advice and execution for property leasing and sales; property, facilities and project management; corporate services; debt and equity financing; and valuation and appraisal. In 2012, the Hampton Roads offices completed over $775 million in sales and leasing transactions. For more information about the Norfolk or Newport News offices, visit our websites, www.cbre.com/norfolk or www.cbre.com/newportnews.
About CBRE – Mid-South Region
CBRE is the only global real estate services firm with offices in Norfolk, Newport News, Richmond, Charlottesville, and Fredericksburg, VA, and Raleigh and Greensboro, NC. These offices are collectively referred to as the Mid-South region. The CBRE Mid-South offices (excluding Northern Virginia and Charlotte, NC offices) completed $2.4 billion of sales and leasing transactions in 2012.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. Please visit our website at www.cbre.com.