Daily Archives April 16, 2019

Castle Lanterra Acquires VA Community

Meridian Obici

Castle Lanterra Properties (CLP) has acquired a 224-unit luxury community in Suffolk, Va. The Class A property is situated in the Hampton Roads metropolitan region, one of the most popular areas in the country for new Millennial residents.

Located at 1000 Meridian Obici Way off Suffolk’s historic Main Street, Meridian Obici offers easy access to some of the largest employers in the market, including the Naval Station and Portsmouth Marine Terminal, Sentara Obici Hospital, Target, Sysco, Kraft, Unilever and GEICO.

The property features a mix of one-, two- and three-bedroom apartments ranging from 718 square feet to 1,432 square feet. Amenities at Meridian Obici include:

a saltwater swimming pool a sundeck a fitness center a multimedia theater a car-care center a dog park

“T...

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