Mar
23
Movement Mortgage Relocates Largest Operations Center, Expands
ByMovement Mortgage’s relocation from Virginia Beach, Va. to neighboring Norfolk will transfer 550 employees and make room for 200 new hires.
The former JCPenney building, Military Circle Mall, Norfolk, Va.
Norfolk, Va.—Richmond-headquartered Movement Mortgage recently announced the relocation of its largest operations center from 841 Seahawk Circle in Virginia Beach to Military Circle Mall in neighboring Norfolk. The move will bring the transfer of 550 employees and the creation of 200 new jobs.
The company’s Norfolk home will be located at a repurposed former JCPenney within the Military Circle Mall. According to The Virginian-Pilot, the 209,000-square-foot building was bought by the Norfolk Economic Development Authority for $2.5 million in 2014. The city and its economic development arm plan on spending $18 million on the conversion of the property into office space. The redevelopment is expected to begin soon and Movement hopes to finalize the relocation by early 2017…
Movement Mortgage Relocates Largest Operations Center, Expands
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