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.
Commercial Real Estate
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.
The Virginia Department of Game and Inland Fisheries has bagged a new home.
As the clock ticks toward a crucial March 7 deadline, the bankrupt State Fair of Virginia will soon present a deal to its lenders that might involve funds from a new investor.
Monument Bank filed a lawsuit last week against the out-of-town owner of the Burrus Land Tract in Chesterfield.
Midlothian-based Rebkee Company completely revamped its business model, branching out from developing locations for drugstore chain CVS to placing the winning bid on some iconic buildings.
Tons of industrial leases. Plus Q BBQ expands in Henrico.
Richmond-based Franklin Development Group wants to turn an old industrial building at 3200 W. Clay St. into 131 apartments.
The parent of Philip Morris will relocate most of the employees from the WestMark One office building.