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Colliers Assigned Property Management and Leasing For Hampton Towne Centre

174,540-SF retail center is situated along I-64 in Hampton

Colliers is pleased to announce that it has been assigned property management and leasing for Hampton Towne Centre, located at 1 Towne Centre Way in Hampton, from Reserve Development. 

The 174,540-square-foot retail center is situated on a 16.16-acre site along I-64 across from Thomas Nelson Community College. It is surrounded by a quickly growing commercial district in Hampton. The center is anchored by Ace Hardware, Rite Aid, Dollar Tree and Chuck E Cheese, and it is currently 47.9% occupied. 

Jeri Powell, property manager with Colliers’ Norfolk office, will oversee the day-to-day property management, and Ned Brooks, senior vice president; Sharon Holmstrom, vice president; and Tyler Brooks, vice president, will oversee leasing efforts. 
 

Related Experts

Ned Brooks

Senior Vice President

Norfolk - Main

Ned Brooks joined the Retail Leasing and Sales Team of Hampton Roads in 1999. He develops and implements marketing strategies for shopping centers, property owners, buyers, and tenants by providing in-depth market analysis, site selection, lease and sales negotiation services. Ned was called on by Navy Federal Credit Union, the world’s largest credit union chain, for a major branch expansion in Hampton Roads and beyond. To date, he has completed over 30 branch locations. More recently, he was selected by Aldi US to assist with their grocery store expansion in the region. There are currently 15 completed transactions and more pending. In his over 30-year involvement in commercial real estate, he has exclusively represented over 50 centers in the Hampton Roads marketplace and served dozens of retailers in both Virginia and North Carolina. His assignments range from box disposition and general sales of land and buildings, to tenant representation and shopping center leasing.

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Sharon Holmstrom

Vice President

Norfolk - Main

I have a long history in the retail arena which attracted me to the retail brokerage side of commercial real estate when I started my journey in 2004. Colliers has now given me the platform to assist my Clients and Owners to achieve their goals.

I came to a Colliers Affiliate in 2015 to start the retail team in Norfolk, Virginia.  I was involved in both growing our retail presence in this area with landlord representation as well as tenant representation in Southeast Virginia and Northeast North Carolina markets. In February 2019 I joined the newly acquired Colliers Virginia team. The Colliers philosophy of collaboration and their reputation across the United States and Internationally has made this transition extremely rewarding. 

I grew up in this market called Hampton Roads and my intimate knowledge of the dynamics involved in this and surrounding areas is a great asset when working with clients.

My colleagues and clients would describe me as assertive, trustworthy and approachable.  I am a big believer in communication and my clients often compliment me on this and appreciate that there is never a delay in action or feedback concerning their needs. I will continue my focus on Landlord Services, Tenant representation along with sales and dispositions. 

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Tyler Brooks

Vice President

Norfolk - Main

Tyler Brooks joined the team in December 2011 as a Retail Leasing and Sales Associate. Tyler’s prior career included marketing-oriented assignments in San Diego, Las Vegas, and Florence, Italy. As part of the Retail Leasing and Sales team, he provides services to developers, landlords, tenants and property owners by using different marketing strategies to service his clients. As a retail specialist, Tyler will serve his clients with detailed knowledge of the Hampton Roads area. 

In 2015, Tyler and two other associates won the leasing business of Greenbrier Marketcenter, thepremier shopping center in Chesapeake, VA. In 2016, Tyler and another associate leased a 350,000SF center in Newport News from 25% occupied to 95% in less than a year. They also back filled a50,000 SF Kroger (which was vacant for eight years). Tyler and team, in 2019 leased over 18 spaces in a Virginia Beach shopping center (Lynnhaven North) in three months that had been vacant for years. 

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