The owners of a downtown convenience store are looking to add some new flavor to a building on West Broad Street. A business entity tied to the owners of the Davis Market at 301 W. Grace St. has purchased the one-story building at 4 W. Broad St. The deal closed Dec. 4 for $270,000, according… Read more »
Commercial Real Estate
Richmond’s McGeorge family buys into Charlottesville’s Clifton Inn
The family behind a recently sold RV dealership in Ashland is rolling into the world of real estate investing with its first acquisition: a $7 million historic hotel.
Sons of former La Vogue owner look to revive Grace St. stretch
Two local brothers have laid claim to a swath of downtown buildings that have sat largely dormant as much of the surrounding blocks have begun to sprout new life.
Rocketts Landing developer joins effort to urbanize Innsbrook
A group of investors looking to transform a portion of the office park into a more dense mixed-use development has enlisted local help to make the project reality.
Hourigan buys big on the Southside
A collection of warehouses on the city’s Southside is set to meet the wrecking ball early next year after a newly assembled development firm laid claim to the property last month. Hourigan Development, a commercial real estate development and consulting company led by CEO Mark Hourigan and President Joseph Marchetti III, announced Friday that it… Read more »
Demo starts for Sauer Center Whole Foods
The former flagship store of a longtime Richmond hardware business is making way for the grocery chain’s second area location.
Lingerfelt adds Hampton Roads hotel, subtracts Innsbrook office from portfolio
With the pending sale of an office building and recent purchase of a Norfolk hotel, the local real estate firm is shuffling its sizable holdings.
UVA alums plant architecture firm in Jackson Ward
After teaming up with another Wahoo this spring, a local architect who recently relocated from New York has turned his first investment in Richmond into the pair’s home base.
$32M Jackson Ward project scaling back after missing state grant
After a piece of its funding plan didn’t come through, the developer behind a mixed-use, mixed-income project is reducing its density and adjusting its design.
Riverfront office in the mix for Rocketts Landing
With nearly 200 more homes nearing completion, a new phase at Rocketts Landing will offer a first for the project: office space along the James River.