Below the Martin Luther King Jr. Memorial Bridge, a century-old property slated for conversion to residential use has sold for $2.8 million.
Commercial Real Estate
Monument Cos. ends year with Fan, downtown acquisitions
The busy development company snatched up an aging medical office building in the Fan and the recently vacated downtown home of a local ad agency.
Groundbreaking: Commercial real estate year in review
From big industrial deals to continued interest in 2017, both local and out-of-players made waves in the region.
Shuffleboard bar sliding into Scott’s Addition
A pair of payroll executives, a CRE broker and a construction company head walked into an old warehouse – and a shuffleboard bar was born.
Wilton-owned Patterson site trades flat tires for donuts
A longtime West End auto repair shop soon will be closing to make way for a national donut chain.
Whole Foods site work spills into rest of Sauer Center
The grocery chain’s future spot isn’t the only site undergoing demolition at the planned 200,000-square-foot development.
Investment banker signs on at HandCraft building
The redeveloped Scott’s Addition building has snagged two more tenants – this time attracting a local investment banking firm and a giant of the plumbing supply industry.
MGT Construction winding down
In the face of a pending lawsuit alleging financial troubles and accounting irregularities, the construction arm of local commercial real estate firm Thalhimer is being put to rest.
Henrico apartments sell to D.C. buyer for $54M
An out-of-town player has marked its entry into the local real estate market with an eight-figure purchase, nearly $20M more than what the seller paid six years ago.
Hookah lounge slated for downtown storefront
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 »