Commercial Real Estate

The guardian of Virginia’s alcohol distribution and sales may be striking a deal with the real estate arm of one of Richmond’s most well-known businessmen.

The implosion of MGT Construction, which last month filed for Chapter 7 bankruptcy liquidation, has dealt a blow to its parent company’s employee stock ownership plan.

A local gentlemen’s club soon may have a rendezvous with the auction block after defaulting on a property loan.

A collection of residential properties has hit the market as their owner looks to unload them en route to retirement.

A collection of mostly derelict properties along West Cary Street at the edge of Rams territory is slated to meet the wrecking ball.

Weeks after resolving its dispute with a local developer that had put the property in legal limbo, the housing nonprofit is moving forward with efforts to gauge the market for a prime piece of real estate.

One of the largest office complexes in downtown Richmond is ready for its makeover.

Several months after a lawsuit brought to light an alleged accounting scheme and claimed it had become a “cash drain,” the construction arm of local real estate firm Thalhimer has been put into bankruptcy.

A pair of businesses is ditching their longtime digs as a team of investors already familiar with the area is swooping in to take over the property.

A defunct bookstore and former hardware shop soon will be redeveloped along a stretch of Hull Street that continues to attract new investment.