For its 14th transaction since establishing a local office, a buyer from Northern Virginia has snagged a big chunk of a shopping center on the eastern side of the county.
Commercial Real Estate
Developers launch Shockoe apartment conversion, look to acquire city block
A team of developers is moving forward with its next apartment project on East Franklin Street, while consolidating ownership of an entire city block.
Hampton Roads brokerage to plant headquarters in Richmond
“Our strategy is to make sure that we have much of the state covered,” CEO Jamie Clark said. “We could not do that unless we included the Richmond area.”
BofA building lands state agency HQ
The Virginia Department of Environmental Quality has leased space in the office tower, leaving a hole in its previous downtown building owned by Douglas Development.
$25M retirement home planned for Goochland
A 180,000-square-foot retirement development is slated as the latest addition to West Creek Business Park.
Foreclosure sale looms for Midlothian shopping center
A last-minute cash infusion wasn’t enough to save a Chesterfield County retail property from the auction block.
Financial firm gets assist from fellow coworking grads
The sole commercial tenant in a recent downtown historic rehab is eyeing his neighbor’s apartment for an internal expansion.
$27M apartment project to rise five stories in Jackson Ward
A newcomer to the local development scene is bringing some added height to a 1-acre stretch of Marshall Street.
Hourigan to buy downtown Media General building
For the first acquisition of his newly minted development arm, a longtime local construction executive is going big – and eyeing a property he built for another Richmond firm nearly 20 years ago.
Dodson partners with yoga studio in downtown building
A yoga teacher and a busy local real estate developer have come together in the latest effort to reinvigorate a stretch of East Grace Street.