With a previous plan for a taller bank-anchored tower scrapped, a local development team is shifting to a new project to continue what it started with its downtown Locks development.
Commercial Real Estate
It’s the ninth property Cory Weiner has purchased in the changing Northside neighborhood, in which he’s invested around $500,000 for acquisitions.
A tract of wide-open Goochland County acreage previously zoned for retail development is in the hands of a new owner.
A disgruntled veteran Richmond real estate broker is suing the top brass at his former firm, accusing them of self-dealing and using the company’s employee stock ownership plan as a “tax-free cash warehouse.”
In the second-largest deal this year in the city, a Chicago real estate firm has acquired a downtown compound built for the notorious former blood-testing company.
The coworking trend is popping up in Richmond once again, this time with a concept that’s catering largely toward women.
With work on one of the region’s largest data centers underway in Henrico, a smaller data facility on the southern end of metro Richmond has changed hands in an eight-figure deal.
Besting a local developer, a Midlothian church is now the frontrunner to score a portfolio of Manchester real estate, including the 44,000-square-foot sanctuary of Richmond Christian Center.
A group of influential local businessmen may have some competition in their quest to build a new downtown arena and revitalize surrounding acreage.
Two of Richmond’s up-and-coming developers are joining forces to convert a longtime Summit Avenue manufacturing facility.