Commercial Real Estate

A wave of new development is in the works for one of the Fan’s main thoroughfares that’ll bring to the neighborhood dozens of new townhomes, duplexes, apartments and more. 

Justin Ferguson has found that his day job as an investment sales associate with Marcus & Millichap blends well with his taste for Bordeaux and Chardonnay.

In an attempt to free up its Scott’s Addition real estate for redevelopment, a D.C.-based firm is questioning a Richmond judge’s ruling. 

A lawsuit shows how a two-decade business relationship has soured between Performance Food Group and the landlord of the company’s Henrico distribution center.

The identity of the mystery buyer of the six-story, 158-year-old Main Street office building has been revealed.

The Innsbrook-based company said it was recently tapped to be the steward of a $50 million pool of outside capital that’s to be put entirely into commercial real estate transactions.

The firm financed the deal by raising funds from its clients, who are now part-owners of the building and will earn the lion’s share of the returns. 

The former Richmond Machinery & Equipment Co. site at 1701 Roseneath Road was previously eyed by locally based Blackwood Development in a deal that fell through.

The Innsbrook-based firm has set a new high bar of $5.2 million for per-acre land grabs in the sought-after neighborhood. It’s planning a building of up to 8 stories for the site.

A new rendering filed this month refers to the grocery anchor as an “organic food market.” SJC Ventures has developed other projects that feature grocery stores, and most of them are Whole Foods locations.