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Colliers International Announces Sale of Legacy at Tech Center in Newport News

Colliers International is pleased to announce the sale of Legacy at Tech Center, a multifamily community at 2112-A Criston Dr. in Newport News, from K2 Real Estate Partners to Chandler Residential.

Situated at the corner of Jefferson Avenue and Oyster Point Road, Legacy at Tech Center is highly visibly and walkable to the region’s best shopping, employers and entertainment. 

The 156-unit apartment community was originally built in 1974. The property offers the largest floorplans in the market with a mix of garden and townhome style units. The site is adjacent to Marketplace at Tech Center, a thriving retail center anchored by Whole Foods, and Tech Center Research Park, with 10 planned buildings, punctuated by restaurants, shops, fitness clubs and biking trails. Legacy at Tech Center residents have access to two million square feet of retail within a one-mile radius. 

G.S. (Hank) Hankins, senior vice president; Victoria Pickett, first vice president; Charles Wentworth, senior vice president; Will Mathews, managing director; Clay Ellis, associate; and Garrison Gore, associate, with the Colliers Mid-Atlantic Team represented the seller. 
 

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George Hankins

Executive Vice President

Norfolk - Main

George Hankins (Hank) is a Senior Vice President of Investment Properties, specializing in the execution of multifamily property sales throughout the Hampton Roads metropolitan area. Hank is an integral part of the underwriting, marketing and sales process for multifamily properties and promotes Colliers' platform in the Southeastern region of Virginia. 

During his career, Hankins has been involved in more than $1 billion in multifamily sales throughout the Hampton Roads and Richmond markets. In addition to dispositions, Hankins has also held the role as principal partner for Croatan Investments, leading their acquisitions team as it closed $125 million in multifamily property transactions in Virginia and North Carolina in a two-year period.

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Charles Wentworth

Executive Vice President

Richmond - North

Charles Wentworth has been actively involved in the commercial real estate field since 2007 focusing on multifamily acquisitions and sales in the Mid-Atlantic and Southeast. Charles joined the firm in 2012 to specialize in multifamily sales and represents private, high net-worth, and institutional clients in the central and western Virginia markets.  Since joining the firm, Charles has successfully completed transactions totaling $350 million.

Previously, Charles was an Associate for Apartment Realty Advisors (Now ARA Newmark) in Charlotte, North Carolina, one of the country’s largest multi-family brokerage firms. While an Associate with the firm, the group brokered nearly $2 billion of apartment communities in the primary, secondary, and tertiary markets of North Carolina and South Carolina.

Prior to starting a career in real estate, Charles held various sales and management positions with Ferguson Enterprises, the country’s largest supplier of plumbing, heating, and building products. Charles began his career with the firm as a management trainee in Tampa, Florida and was later promoted to management positions in Gainesville, Florida and Santa Monica, California.

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Will Mathews

Executive Managing Director

Atlanta

Will is primarily responsible for procuring and executing institutional multifamily investment sale transactions throughout the United States. In 2020, Mr. Mathews was appointed to the U.S. Capital Markets Board of Advisors in the role of Multifamily Practice Group Leader.

Since joining Colliers in 2012, Mr. Mathews has assisted with the sale of over 61,500 apartment units totaling $6.8 Billion. Mr. Mathews is routinely recognized by Colliers International as a top producer nationally. 

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Clay Ellis

Senior Associate

Washington, DC

In 2018, Clay joined Colliers International as an investment sales professional. During his time at Colliers, Clay has facilitated the sale of assets totaling over $820M in value.  His transaction experience spans across the Mid-Atlantic region with a focus on the DC Metro region. Clay specializes in the investment sales of industrial, land and multifamily properties. His clients have been institutional investors, private capital investors, REITs, and foreign capital investors. Clay’s previous clients include but are not limited to organizations like Bonaventure, Greystar, Capital Square 1031, Bristol Development, DRA, and Bainbridge. 

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