William and Mary Real Estate Foundation
Real Estate Holdings
The Real Estate Foundation acquires real estate in a variety of ways: by purchase, by transfer from the College of William and Mary and other grantors affiliated with William and Mary, and by gifts from outside donors. The Real Estate Foundation was initially capitalized by a transfer of funds from William and Mary's Board of Visitors. These funds were used to purchase two properties. One property is located at 327 Richmond Road and is occupied by William & Mary's Center for Archeological Research.
The other property became part of an effort to bring more student-oriented retail and housing near campus. This effort is nearly complete with the dedication of Tribe Square in October 2011.
On February 10, 2011 the Hampton Roads Association for Commercial Real Estate presented their 2010 Deals of the Year Award to the William and Mary Real Estate Foundation. The award is in recognition of Harvey Lindsay Commercial Real Estate's sale, on behalf of the William and Mary Real Estate Foundation, of a 43.5 acre parcel of land located at the southeast corner of Jefferson Avenue and Oyster Point Road in Newport New, Virginia.
