Left for dead in the wake of the recession, the Midlothian Town Center project is showing signs of life.
Commercial Real Estate
A $12.5 million development in Union Hill is moving ahead and will likely break ground in October.
A Scott’s Addition building previously owned by Justin French and occupied by David Gammino’s contracting farm has a new owner.
Eagle Commercial Realty, a local brokerage firm, has struck a deal to affiliate with the national commercial real estate giant NAI Global.
At least three national retailers will make their debut at the 42,000-square-foot development beginning in September.
A BizSense survey of five area malls shows 17 percent of more than 500 storefronts are vacant.
Two veterans of the local real estate scene will now have more say over projects working their way through Richmond’s permit system.
Apple REIT got the green light from Richmond City Council for the construction of the Marriot hotel development it plans at the corner of Cary and 14th streets.
Two West End apartment complexes were sold as part of a $297 million deal announced Monday.
The Rebkee Company has purchased the old Stronghill restaurant building and is leasing it to local restaurateur Chris Tsui.