A New York company has purchased several local apartment complexes as it bolsters its Richmond presence – and it is looking to snag even more.
Commercial Real Estate
A Maryland real estate firm is leaving the Richmond market and has handed its six office park properties over to a New York company – the buyer’s first move into the Virginia area.
A long-abandoned theater property in Church Hill will soon be reopened as apartments and commercial space, and the developer behind the project has his eye on a 90-year-old garage.
A 60,000-square-foot joint venture between a healthcare firm and a developer celebrated its opening on Thursday in Short Pump.
With Whole Foods on the way to West Broad Street, a long-vacant commercial space across the street is being rebooted. And the Washington-based owners are looking first for retail tenants.
A scrap metal recycling firm has closed on a deal to buy about 75 acres on the Southside after about a year of leasing the space.
The firm behind Gather co-working space is developing a pipeline of its own filled with a handful of mixed-use redevelopment projects in Church Hill and other growing districts.
A state senator and a Baptist church are jumping in to the busy senior living market with a pair of new projects in Henrico and Chesterfield counties.
After months of what one lawyer called a “somewhat tortuous” sale process, a Boston company has made a high bid of more than $37 million on imprisoned developer Billy Jefferson’s apartment empire.
A Miami company is expanding its holdings around the country and has purchased a nearly 30-year-old apartment complex near the airport. And the firm is planning six-figure upgrades to the building.