Collins Burlee

<div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>A proposed sports complex in Virginia Beach, Virginia, that suffered from years of delays in the wake of the Great Recession and failed to ever fully get off the ground despite some star power behind it has sold to a new owner.</p></div></div>

United States

Sale

Marathon Development Buys DHL Sports Complex for $6.1 Million

Abandoned Virginia Beach Sports Complex Sells After a Decade on the Market

CoStar

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The <b>CoStar Power Broker Awards</b> are based on transaction data included in CoStar’s commercial real estate database, the largest and most comprehensive database of commercial real estate information. The methodology used for all company and individual categories can be found <c>here</c>. A complete list of winners by market can be found <a>here</a>.

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

CoStar has introduced a new market-based program recognizing the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction will be singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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Abandoned Virginia Beach Sports Complex Sells After a Decade on the Market

Marathon Development Buys DHL Sports Complex for $6.1 Million

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