A Richmond developer has a contract on one of the largest contiguous plots of land in downtown Richmond, a deal that could transform the south side of the riverfront.
Commercial Real Estate
A Richmond nonprofit is selling its building in a neighborhood that’s been home to some big deals lately.
A local developer hopes to break ground within the year on a large apartment building at the border between Church Hill and Shockoe Bottom.
A Richmond developer sold 1.8 acres of land last month to the bank for $1.7 million.
In a battle between apartment owners and hotel owners over thousands of temporary Petersburg tenants based at Fort Lee, one side is calling in the heavy artillery.
Fountainhead Development is getting ready to renovate buildings on two city blocks near Fifth and Stockton streets.
A Richmond apartment building was sold this week. Plus a Spanish restaurant leases space in Henrico.
Grubb & Ellis, a national commercial real estate firm with a local affiliate, filed for Chapter 11 bankruptcy Tuesday and announced plans to sell the firm to a large investment house.
Land developers make up the biggest chunk of tax delinquent businesses in the Richmond area. But the list also includes a golf course in Henrico, a music venue downtown and a planned sports complex in Chesterfield.
Office leases this week from Hanover to Chesterfield. Plus a local company expands into a larger space.