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Real Estate

You can rent at Nolde (for now)


The Nolde Bakery Condominiums are the lead-in example in an RTD article on how local condo projects are faring in the softer real estate market.

From the article:


About a third of the 77 condos sold, said Jason Dodd, vice president of marketing for the Norfolk-based developer, Marathon Development Group.

Condos will be leased until the market picks back up, which should be in the next 12 to 18 months, Dodd said.


The Nolde condos were on the market for the low $200,000s to the mid-$300,000s. They are renting for $985 to $1,600 a month.


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