Commercial Real Estate

A father-son duo is looking to move forward with a sizable apartment project after getting the green light this week from Henrico County.

The local developer has pulled off a multimillion-dollar flip on a downtown office building in barely a year’s time.

Testing their theory that Richmond’s apartment market is approaching a peak, a group of local developers is looking to sell a 15-unit building just weeks after construction was completed.

After a previous plan for a brewery failed to materialize, a local restaurateur and hotel executive is in talks to sell off a West Broad Street parcel to a pair of developers.

A plot of land next to the new Institute for Contemporary Art has sold to the school, one year after its previous owner announced plans to build an 18-story tower there.

Two local developers who historically have targeted multifamily projects in Central and Southwest Virginia are embarking on a new path.

The deal is a new avenue of funding for the 6-year-old, Innsbrook-based company, which historically relied on bank loans using its investor pools as collateral.

The pair of bank-anchored office buildings has changed hands for the second time in a year, fetching nearly $20 million more than what the seller paid in early 2017.

A site once proposed for retail box stores and residences now is being pitched for a mixed-use development that could include offices, a hotel and a fast-casual restaurant.