The wedge-shaped building along Arthur Ashe Boulevard was sold to the broker group and developer Dave McCormack by an LLC tied to development firm Rebkee.
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Local investor group sells downtown building, mourns death of one of its partners
A cloud of sadness hangs over the recent sale of a downtown building, as the group that sold it found out one of their partners had passed away just days after the deal closed.
Now bank-controlled, Hild’s former brewery, cafe and donut shop properties put up for lease
After nearly five years in purgatory, a trio of Hull Street commercial properties have been primed for a comeback.
The Pipeline: Commercial real estate roundup for 11.15.24
The $2.45 million sale of apartments in Richmond and a 16,000-square-foot lease in Chesterfield top the transactions this week. (BizSense Pro required)
The Pipeline: Commercial real estate roundup for 11.1.24
An industrial property that straddles Richmond and Henrico sold for $2.95 million and a retailer leased 22,000 square feet in Chesterfield. (BizSense Pro required)
The Pipeline: Commercial real estate roundup for 10.18.24
Two medical office condos sell for $6 million in Mechanicsville and the lease of 19,000 square feet is reported in Henrico. (BizSense Pro required)
Powhatan’s New Horizon Bank to open first office in the city, branches out to Hampton Roads
The two moves come less than a year into the tenure of CEO Will Groves, who took the helm at New Horizon at the beginning of 2024.
The Pipeline: Commercial real estate roundup for 10.11.24
A $3 million sale in Chesterfield and the lease of 18,000 square feet in Richmond are the top deals. (BizSense Pro required)
The Pipeline: Commercial real estate roundup for 10.4.24
The $1.4 million sale of industrial property in Chesterfield and a lease of 188,000 square feet in Richmond top the list. (BizSense Pro required)
Plans progressing for pair of infill apartment buildings along Broad St. in Shockoe
The two five-story projects would add dozens of new apartments along a stretch of Broad that serves as a gateway between Shockoe Bottom and Church Hill.