Real Estate Foundation
Acquiring, building & managing real estate on behalf of ODU
Established in 1995, the Old Dominion University Real Estate Foundation has been developing much of the area in Monarch Way, a 75-acre mixed use development that includes retail, student apartments, and office buildings.
In addition, the Foundation acquires, builds and manages real estate on behalf of the University. The results of its work are visible to all in the form of the University Apartments, restaurants, shops, the Innovation Research Park, The President's House, Marriott SpringHill Suites Hotel, the University Bookstore, Baron & Ellin Gordon Art Galleries, and the Barry Art Museum. View highlights of our properties below:
Real Estate Foundation Portfolio

Barry Art Museum

ODU President's House

Innovation Research Park I & II

Springhill Suites ODU

Virginia Beach Higher Education Center

University Bookstore

Monarch Way Apartments & Retail
45th Street Garage

ODU Facilities Management Warehouse

ODU Institute for Coastal Adaptation & Resilience

ODU Facilities Management Storage Facility

ODU Wet Lab & Colley Avenue Printers

Office of Governmental Relations

ODU Institute for Innovation & Entrepreneurship

Nusbaum Apartments

49th Street Vacant Lots

Monarch Way Mixed Use Development

ODU Facilities Management Recycling Center

ODU Facilities Management Storage Lot
ODU Facilities Management Storage Lot
Barry Art Museum
ODU President's House
Innovation Research Park I & II
Springhill Suites ODU
Virginia Beach Higher Education Center
University Bookstore
Monarch Way Apartments & Retail
45th Street Garage
ODU Facilities Management Warehouse
ODU Institute for Coastal Adaptation & Resilience
ODU Facilities Management Storage Facility
ODU Wet Lab & Colley Avenue Printers
Office of Governmental Relations
ODU Institute for Innovation & Entrepreneurship
Nusbaum Apartments
49th Street Vacant Lots
Monarch Way Mixed Use Development
ODU Facilities Management Recycling Center
ODU Facilities Management Storage Lot
Barry Art Museum
ODU President's House
Innovation Research Park I & II
Springhill Suites ODU
Virginia Beach Higher Education Center
University Bookstore
Monarch Way Apartments & Retail
45th Street Garage
ODU Facilities Management Warehouse
ODU Institute for Coastal Adaptation & Resilience
ODU Facilities Management Storage Facility
ODU Wet Lab & Colley Avenue Printers
Office of Governmental Relations
ODU Institute for Innovation & Entrepreneurship
Nusbaum Apartments
49th Street Vacant Lots
Monarch Way Mixed Use Development
ODU Facilities Management Recycling Center
ODU Facilities Management Storage Lot
Discover Monarch Way
Monarch Way provides indoor and outdoor dining with an eclectic collection of restaurants and casual dining establishments.
Connect with SL Nusbaum for leasing information for ODU Real Estate Foundations properties on Monarch Way.
Real Estate Foundation Board
Trustees
Lisa F. Chandler ’76, Chairperson
Teresa C. Peters, Vice Chairperson
Joseph A. Lowery ’05, Secretary/Treasurer
Jared Chalk
Miles B. Leon
Kenneth E. Rodman, Jr. P.E. ’88
Karen Shaffer ‘97
Jeremy R. Starkey
Deborah K. Stearns ’80
Nathaniel P. Tyler
Steven C. Wright
Ex Officio
Chad A. Reed, VP for Administration & Finance
Directors Emeriti
George Consolve '67
Robert L. Dewey
BOV Representative
Larry Hill
Staff
Tara Saunders ’85, ’92, Executive Director
Mike LaRock ’85, Assistant VP of Foundations
Cindy Gall ’09, Foundation Board Administration Coordinator
Debra Howard ’95, '18, Property Manager
Kim Ross ’93, CFO & Director of Accounting