The large industrial building is being pitched as a subdivided space that could house several industrial, retail, restaurant and office tenants.
Commercial Real Estate
A Mechanicsville property sold for $4.4 million last week, and a local home furnishings retailer has big plans to build a large new distribution center.
A development firm is continuing to grow its Church Hill portfolio with plans for a new commercial space, as well as a few residential units.
A commercial construction firm is building out a space for itself downtown as it readies to leave its longtime West End office.
With work getting started on three large developments near Short Pump Town Center, West Broad Street is set to be flooded with 790,000 square feet of commercial space and more than 800 residential units in the next few years.
Four developers have teamed up to bring another 160 apartments to Shockoe Bottom, and they’re hoping to break ground by the end of the year.
A large nonprofit is working on rezoning its Jackson Ward office, and the organization has said that one of the area’s major health systems is eyeing its extra space.
The mural-covered old bus depot just outside the Fan and Carytown has been sitting vacant for about five years. Now, the GRTC has put out a call for proposals to redevelop the 7-acre site.
A Staples Mill Road shopping center is losing its anchor tenant as Martin’s prepares to close up its 34,000-square-foot location.
More than 700 acres in New Kent County, slated for a massive residential development before the recession, are approaching an auction later this year if the owner doesn’t pay delinquent real estate taxes.