An out-of-town player has marked its entry into the local real estate market with an eight-figure purchase, nearly $20M more than what the seller paid six years ago.
Jonathan Spiers
Builder turns developer for Magnolia Green apartments
An area homebuilder is donning its developer hat for the next phase of Magnolia Green: a nearly 250-apartment complex.
National homebuilder sets sights on Richmond market
The largest homebuilding firm in the country is extending its reach to Central Virginia.
Richmond’s McGeorge family buys into Charlottesville’s Clifton Inn
The family behind a recently sold RV dealership in Ashland is rolling into the world of real estate investing with its first acquisition: a $7 million historic hotel.
New CEO named for Martin Agency after exec exits amid sexual harassment claims
The ad firm now has a new chief executive – the first female named to the post in its 52-year history.
Rocketts Landing developer joins effort to urbanize Innsbrook
A group of investors looking to transform a portion of the office park into a more dense mixed-use development has enlisted local help to make the project reality.
The Pitch: Advertising and marketing news for 12.12.17
The Martin Agency dismisses its top creative executive amid sexual harassment claims, an industry newcomer releases its first work for Google, and a local production studio films a video series for the state tourism office.
Markel-owned IT firm makes moves in Henrico, Atlanta, Charlotte
After a year in which it saw twice as much growth as it’s used to, a local IT consulting firm is making more elbow room locally while similarly expanding offices in other markets. CapTech, a national IT management consultant firm based in Henrico County, has added 8,000 square feet of space to its headquarters at… Read more »
Demo starts for Sauer Center Whole Foods
The former flagship store of a longtime Richmond hardware business is making way for the grocery chain’s second area location.
Stone house near UR tops November home sales
A nearly 90-year-old home near the university’s Westhampton Lake beat out four other sales that exceeded the $1 million mark.