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Goodwin's Riverstone Group pays $8M for Chesterfield offices

At 73 percent occupancy, Corrada said, the building has 16,000 square feet available for lease across the three levels, in units ranging from 2,400 to 6,400 square feet.

Plans call for a few aesthetic changes, including signage improvements and removing several trees and shrubs to improve the property’s visibility from the Charter Colony Parkway and Lucks Lane intersection.

Brokers Jamie Galanti and Tucker Dowdy with Richmond-based Commonwealth Commercial are overseeing leasing.

Located across Charter Colony Parkway from Bon Secours St. Francis Medical Center, the building is home to a variety of tenants, mostly connected to the real estate industry – including several mortgage brokers and title offices.

CenterPointe adds to a collection of office buildings Riverstone has acquired over the last year.

Earlier in 2017, the firm paid $108 million for the three-building James Center office complex encompassing nearly 1 million square feet at 901, 1021 and 1051 E. Cary St. It also paid $10.7 million for the 16-story BB&T office building at 500 E. Main St. in Norfolk.

Legal & General expects record year for profits

L&G has written £900m of lifetime mortgage - equity release - business this year, an increase of 71 per cent.

LGIM said inflows were well-diversified across its product line and geography, singling out liability driven investments, active fixed and property funds as strong performers.

L&G reported inflows of £38.1bn in the period.

The UK life insurer confirmed in its latest trading update that it was "on track for a record year for earnings and profits", reporting higher sales growth across its business channels.

The company said it now has a 35 per cent market share of the equity release market and said the ageing population in the United Kingdom means this is a business area that continues to grow in the coming years.

Legal & General told staff on Wednesday (December 6) that a section of the business would be sold to pensions firm Swiss Re Ltd for £650m.

It said annuity sales generated 4.5 billion pounds of annuity premium and that it had doubled its US institutional pension risk transfer business versus 2016. Wilson said the sale left L&G able to focus on products and countries with the best growth potential.

America Becoming a Nation Of Debts?

People were dogged with the past memory,with the thought of voting for Clinton because a win for Hillary would put her husband, the former president, back in the White House too: "Oh God,With Bill Clinton. All our Life's was so good back with Clinton.


No, America has less debt than Japan. Japan has a higher GDP/debt ratio.

To r1b1c* :
Many countries around the world call the U.S. the word "America".