A Midlothian retail strip was sold in an eleventh hour deal last week, while a nearby property that also borrowed at the height of the real estate boom is having loan troubles of its own.
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A $4 million parcel in Chester gets nabbed by developers, Dollar Tree drops $6 million in Colonial Heights, and several retail properties change hands in Richmond.
A boarded-up restaurant property quickly has gone under contract and a longtime area property owner is entertaining offers on one of the neighborhood’s last developable river bluff properties.
A local player making moves in Jackson Ward has added 100 apartments and several storefronts to his portfolio.
A new owner wants to restore the property, which has sat empty since the jeweler closed last year after nearly 130 years in Richmond and more than 50 years on East Broad Street.
Two property sales in Hanover County approach the $1 million mark, and several big-time leases are signed in Richmond in this week’s roundup.
The group behind Inner City Blues Carolina BBQ in the East End is opening a new restaurant along the Southside neighborhood’s commercial corridor.
A pair of local developers’ bet on an overlooked part of Church Hill is beginning to pay off.
A West Broad Street shopping center trades hands for $4 million, Henrico County buys 5 acres, and a million-dollar deal is closed in Chesterfield.
A Monument Avenue sale tops this week’s CRE roundup, followed by multiple properties trading hands in Chesterfield County.