ABNB Federal credit plans a new bank location in Virginia Beach
ABNB Federal Credit Union has purchased a 2.2-acre site from TowneBank for $3.5 million and plans to construct a new bank location in the Little Neck area of Virginia Beach.
The land is located on Virginia Beach Blvd. Ted Levin of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller.
In another transaction for Thalhimer in Hampton Roads, Whittaker’s Mill Associates LLC purchased 77 acres from U.S. Bank National Association Corp. for $3.1 million. According to Thalhimer, the new owner plans to develop the site at Penniman Road and Route 199 in York County into a residential and multi-family project.
Clay Culbreth of Thalhimer’s Virginia Beach office handled the sale negotiations on behalf of the seller.