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SUFFOLK, VA. — A 216-unit multifamily development, located in Suffolk, has sold for $5.45 million. The 10.6-acre parcel is a fully entitled multifamily site, which is part of an approximately 148-acre mixed-use development. The Florida-based buyer plans to begin construction by year's end. Dan Johnson and Hank Hankins of CBRE/Hampton Roads represented the seller in the transaction.