Several months after a lawsuit brought to light an alleged accounting scheme and claimed it had become a “cash drain,” the construction arm of local real estate firm Thalhimer has been put into bankruptcy.
Commercial Real Estate
A pair of businesses is ditching their longtime digs as a team of investors already familiar with the area is swooping in to take over the property.
A defunct bookstore and former hardware shop soon will be redeveloped along a stretch of Hull Street that continues to attract new investment.
The closing of a 90-day window for proposals to replace the aging arena and redevelop surrounding blocks downtown came and went with a single respondent submitting a plan.
A property that for years housed a club venue in the heart of VCU is now in the university’s grasp.
The structure that served as the epicenter of business for one of Richmond’s most famous entrepreneurs is set to begin a new chapter as a mixed-use anchor.
Its Northern Virginia owner has put the old downtown bank building-turned-apartment tower up for grabs.
A New York developer is making an eight-figure first impression in Richmond with the purchase of an apartment building – doorman included.
An effort to breathe new economic life into parts of Shockoe Bottom while acknowledging its history as a slave-trade hub is getting some advice from other cities that have faced similar challenges.
A sizable property along a rapidly changing downtown stretch of Grace Street is up for grabs and likely destined for a new purpose. The three-story, 38,000-square-foot building at 115 N. Jefferson St., at the corner of Jefferson and Grace streets, is on the market for $5 million. Ann Schweitzer Riley, a broker with One South… Read more »