Commercial Real Estate

Big plans for one block

Richmond-based Franklin Development Group wants to turn an old industrial building at 3200 W. Clay St. into 131 apartments.

Altria to consolidate offices

The parent of Philip Morris will relocate most of the employees from the WestMark One office building.

Combining revenue streams

A local commercial real estate management firm has bought its way into the hotel management business.

‘Compromise was achieved’

A student housing development that prompted significant community input is set to break ground.

Richmond developers bet big on small town

A local investment group that includes some longtime Richmond developers is planning a $28 million hotel project in Staunton, and the project is named after one of Virginia’s early architects.

Developers bank on skyscraper rehab

The First National Bank building downtown and its neighbor are being converted into 154 apartments as part of a $30 million project.