CBRE|Hampton Roads to lease Pembroke Park in Virginia Beach
Suburban Capital has selected CBRE|Hampton Roads as the exclusive leasing agent for Pembroke Park, a 300,000-square-foot, six building campus in Virginia Beach.
Suburban Capital has completed capital improvements at the property and has additional improvements planned for the park.
Pembroke Park is in the TownCenter submarket of Virginia Beach with access to Interstate 264 at Independence Blvd. Immediately adjacent to Pembroke Mall, the property is located within walking distance to banking, restaurants, and retail shops.
It offers a newly renovated conference room available to all tenants and a workout facility.
According to CBRE, Suburban Capital plans to break ground on a 137-room Hyatt Hotel in April 2018 that will deliver in spring of 2019.
“We are excited to be working with Suburban Capital and look forward to executing their vision,” Perry Frazer, managing director of CBRE |Hampton Roads, said in a statement.
Frazer and Brian Davidson will handle the park's leasing and marketing.