Posted by J. Elias O’Neal on 4/30/2015 on Daily Press
A national homebuilder familiar with the Hampton Roads housing market is expanding its reach into the Middle Peninsula.
Hampton-based Virginia Enterprises Inc. recently entered into an agreement to sell 33 lots to Ryan Homes in Gloucester’s Dunston Hall community, according to a news release.
It will be Ryan Homes’ first venture into the Gloucester housing market — a positive sign that inventory in the area is low enough to support new housing construction.
Sam Worley and Ryan Fanelli with Richmond-based Commonwealth Commercial represented Virginia Enterprises Inc. during the transaction for an undisclosed amount.