The purchase price for the Crystal Lakes Apartments equates to just over $148,000 per door. It last sold for $37.5 million in 2017.
Jonathan Spiers
$13M land deal sets stage for $80M Innsbrook apartment project
The Dominion Realty Partners development is the latest in a string of apartment complexes slated for the transitioning office park in western Henrico.
The Pitch: Advertising and marketing news for 12.14.21
A downtown firm repeats as Adweek’s U.S. Agency of the Year, two national insurance companies get marketing help from Richmond, and a local agency does work for a COVID-19 testing firm.
Developer wants to rezone 530 acres in Varina for $2B industrial project
The company behind a Henrico industrial development that earlier this year landed Amazon as a tenant is eyeing hundreds more acres in the county. A group that includes Hillwood Development, the Texas-based firm led by Ross Perot Jr., is looking to rezone 530 acres in Varina for industrial and distribution uses. The acreage, which straddles… Read more »
Downtime: Caitlin Sherman sings her way into a job
After a year of no luck landing job interviews, the VCU grad got a gig she wasn’t expecting with some help from her singer-songwriter side.
Financial adviser’s $3.1M deal tops November home sales
The West End purchase was the second house in metro Richmond to surpass the $3 million mark this year.
Airport commission plans to buy 161 acres for RIC expansion
The purchase from an entity tied to Gumenick Properties would be the first comparable addition to the airport’s footprint in two decades.
150 townhomes take pole position in Midlothian West development
Main Street Homes has signed on for the first phase of the project that former owners of Richmond Raceway are planning across Midlothian Turnpike from Winterfield Crossing.
Boone Homes to build 307 houses in Chesterfield’s Moseley area
The Lattice Hall subdivision is planned for a 155-acre site along Genito Road west of Otterdale Road, near Swift Creek Reservoir.
Longtime employee of office interiors firm Creative becomes the owner
Founder Bob DeLille has handed the reins to Debbie Lennick. The 26-year-old company blends furniture and technology to create workspaces.