A Richmond mall that has seen its stores’ sales plummet nearly 60 percent in 10 years will be on the market by the holiday shopping season.
Burl Rolett
Land trade launches delayed outlet project
A long-anticipated Hanover County outlet mall is starting to take shape after its developer made an agreement with a neighboring manufacturing firm.
The Pipeline: Commercial real estate roundup for Sept. 26, 2014
A national fitness company leases more than 40,000 square feet in Chesterfield and Bank of Lancaster subleases an empty Patterson Avenue branch.
Builder breaks ground on new HQ
A Chesterfield construction company is building itself a new home near Petersburg.
Two local hotels swept up in huge Hyatt deal
In the latest of many recent local hotel sales, two Richmond Hyatts will change ownership later this fall as part of a $580 million nationwide deal.
Blue Bell scoops up land for Ashland facility
The ice cream giant recently bought more than two acres in Hanover County to build a 14,000-square-foot freezer and distribution center in an upcoming 400-acre development park.
‘My actions will cost me everything’
Jefferson’s plan to flee the country did not weigh heavily into the judge’s sentencing decision, reasoning that most white-collar criminals with the means to skip town instead of pleading guilty probably consider the idea.
The judge was more upset with Jefferson’s spending of millions of dollars that could have been used for restitution.
Hilton hotel changes hands near Innsbrook
A New York firm bought a $20 million hotel property earlier this month, marking the sixth Henrico County hotel deal of the year.
Developer revamps $38M apartment plan
Seeing a bigger market for affordable housing than commercial space, the development firm wants to double the number of planned apartments in the final piece of a Petersburg complex.
Jefferson ties the knot from prison
The imprisoned local developer is set to begin his sentence on Tuesday, and he’ll have a new bride waiting for him on the outside.