Commercial Real Estate

Bill Goodwin’s firm buys 100 acres in Henrico

The Richmond business tycoon and philanthropist has scooped up a large piece of land near the I-95 and I-295 interchange. And the property could be a piece of a $400 million children’s hospital project for which Goodwin has voiced his support.

Winding Brook hooks $11M hotel project

A Marriott-branded hotel will break ground this summer at the Bass Pro Shops-anchored shopping center, the latest in a string of new projects in the Ashland retail development.

VCU grabs Belvidere gas station

In its latest large real estate move near campus, VCU scooped up a gas station property at Belvidere and Broad. The lot was recently under contract and set to be redeveloped into a Walgreens by a North Carolina firm that now says it has come around to the school’s vision for the area.

Builder settles down in Shockoe Bottom

A Shenandoah Valley construction firm is building a more permanent presence in Richmond with an office in an old Shockoe Bottom firehouse.

With land under contract, car dealer consolidates

Bill Talley is making way for a new development – potentially another grocery concept – by putting his Henrico dealership under one roof. And his plans call for $1 million in upgrades to the new building.

With $10M sale, hotel begins brand switch

A new hotel brand that’s growing in college towns closed on its nearly $10 million purchase of a downtown Hilton DoubleTree. And the major renovation plans – which will shut down the hotel until next year – call for the addition of a restaurant or bar.