Commercial Real Estate

1960s Scott’s Addition building set for rehab

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Two years after buying and immediately selling an old Scott’s Addition building, a local developer has bought the same property back with a plan to use its tried-and-true formula of revamping it into modern office space.

Markel | Eagle closes out $33 million fund

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Fresh off the successful flip of the former Circuit City headquarters in Henrico, a real estate-hungry local private-equity firm has a new eight-figure war chest to put into play. It now has raised a total of nearly $150 million in four funds since 2010.

Chicago law firm eyes growth in Richmond

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With a bullish view on its business prospects in Richmond, a Chicago-based midsized law firm has signed on for a new, larger office downtown.

Former Circuit City HQ trades for $56M

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The Massachusetts-based owner of the riverfront WestRock/Costar building downtown has made an eight-figure move into Henrico, while helping secure a successful exit for a local private-equity firm.