The local developer has pulled off a multimillion-dollar flip on a downtown office building in barely a year’s time.
Hourigan sells former Media General building to state for $20M
J. Elias O'Neal
J. Elias O’Neal is a former Richmond BizSense reporter and a current resident of Manchester. He volunteers with several Southside organizations including Southside ReLeaf and the Afro-Latino Coalition. He can be reached at [email protected]
Sabra plans third expansion at Chesterfield plant
The boom of industrial space continues in Chesterfield County as the hummus giant prepares to size up its distribution and manufacturing operations.
The Pipeline: Commercial real estate deals for 6.8.18
A Richmond property nets nearly $4 million to lead this week’s list, followed by a pair of million-dollar deals in Hanover County.
Cafe chain makes first mark on Richmond metro
A new-to-town restaurant with over 200 U.S. locations is ready to take on the competitive Innsbrook market.
6-story mixed-use building eyed for Scott’s Addition
After a previous plan for a brewery failed to materialize, a local restaurateur and hotel executive is in talks to sell off a West Broad Street parcel to a pair of developers.
Vacant Blockbuster store booked for retail rehab
A local nonprofit and a seasoned development company are bringing a dormant movie rental shop back into focus with a deal anchored by a restaurant chain’s first Chesterfield location.
ABC gets OK to move on HQ deal
The state agency has received permission for a deal with an out-of-state developer to move its headquarters to the suburbs, potentially freeing up land for a new baseball stadium.
Richmond duo bets $12M on historic Farmville hotel
Two local developers who historically have targeted multifamily projects in Central and Southwest Virginia are embarking on a new path.
The Pipeline: Commercial real estate deals for 6.1.18
The sale of the SunTrust Center leads this week’s list of transactions, followed by a pair of One South Commercial deals both worth over $2 million.
Henrico’s Suntrust Center fetches $62M from D.C. firm
The pair of bank-anchored office buildings has changed hands for the second time in a year, fetching nearly $20 million more than what the seller paid in early 2017.