Commercial Real Estate

‘Cash is heavy’

New allegations that jailed developer Billy G. Jefferson Jr. was scheming to flee the country using a false identity as his tax credit scheme began unraveling last year.

“The Gucci of Krogers”

Richmond’s second behemoth Kroger Marketplace store threw open its doors Tuesday at a new shopping center in Henrico County.

$9M project adds to hotel market’s momentum

A local hotel developer is bringing 89 more rooms to Chesterfield County in at least the fourth hotel project currently in the planning stages in the Richmond area.

New owner lands at airport hotel

A Delaware-based firm has taken over a foreclosed Richmond airport hotel more than a year after local ownership moved out.

2014 to-do list: Spend $150M on commercial properties

In one year, a Richmond-based real estate investment group run by a long-time lawyer has spent around $100 million on all sorts of commercial properties – even trailer parks. And it hopes to spend another $150 million in 2014.