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Downtown development marches on

Downtown development marches on

Al Harris December 5, 2008 0

Despite rising vacancy rates and a slumping economy, developers presented a cheery outlook for development in downtown Richmond at an event yesterday hosted by Venture Richmond. More than 100 people gathered for the Downtown

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Pipeline Commercial Real Estate Round Up for 12.5.08

Pipeline Commercial Real Estate Round Up for 12.5.08

Al Harris December 5, 2008 0

CB Richard Ellis reports IES Commercial, Inc., a communication and electrical service company headquarted in Houston, leased 23,800 square feet on Lakeridge Parkway in Hanover County. The Richmond office will be moving from its

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Innsbrook empties out: Vacancy rate poised to double

Innsbrook empties out: Vacancy rate poised to double

Al Harris November 24, 2008 0

Nearly 1 million square feet of class A office space in the Innsbrook area could be vacated as locally-based corporations downsize, driving down rental rates in the area but potentially making the Richmond area

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The Pipeline: Commercial Real Estate Round 11.21.08

The Pipeline: Commercial Real Estate Round 11.21.08

Al Harris November 21, 2008 0

Thalhimer reports that the Democratic Party of Virginia purchased a 15,000 square foot office building at 1710 East Franklin Street from Tinsman Holdings for $1.15 million. Harrison & Bates reports Jacobson Companies, a third

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Pipeline Commercial Real Estate Round Up for 11.14.08

Pipeline Commercial Real Estate Round Up for 11.14.08

Al Harris November 14, 2008 0

Thalhimer reports Kroger has leased 86,000 square feet at The Corner at Short Pump located at the corner of West Broad Street. and Lauderdale Drive. The 250,000 square feet shopping center recently broke ground

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Pipeline Commercial Real Estate Round Up for 11.7.08

Pipeline Commercial Real Estate Round Up for 11.7.08

Richmond BizSense November 7, 2008 0

The City of Richmond purchased an animal shelter at 1600 Chamberlayne Ave. from the Richmond SPCA for $944,000. Kanawha Capital Management leased 5,500 square feet at 2235 Staples Mill Road, and Tristar Wholesale leased

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Pipeline: commercial real estate roundup for 10.31.08

Pipeline: commercial real estate roundup for 10.31.08

Aaron Kremer October 31, 2008 0

Morgata LLC purchased the medical office building at 8201 Atlee Road in Mechanicsville, VA, from Meadowbridge LLC for $1.6 million, or approximately $133 per square foot. Innovision Investment Group acquired the industrial property at

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Highwoods’s starting lineup

Highwoods’s starting lineup

Al Harris October 31, 2008 0

If Highwoods Properties’ proposal to redevelop the Boulevard and Shockoe goes forward, a handful of local firms stand to get their slice of the $785 million construction and hourly billing/fee-for-service pie

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Developers throw Richmond a meatball. Or is it a knuckle ball?

Developers throw Richmond a meatball. Or is it a knuckle ball?

Al Harris October 29, 2008 0

On Monday the City of Richmond finally announced its plans for Shockoe Bottom and North Boulevard: Tear down the Diamond, and build a new stadium downtown. Throw in an ample mix of retail, office

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Office space getting cheaper

Office space getting cheaper

Al Harris October 27, 2008 0

Richmond office vacancies continue to rise, which means prices are likely to fall. The vacancy rate in the central business district rose about 3.5% from the last quarter for a total rate of 13.5%,

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