In the second-largest deal this year in the city, a Chicago real estate firm has acquired a downtown compound built for the notorious former blood-testing company.
Commercial Real Estate
NYC transplant launching downtown coworking space
The coworking trend is popping up in Richmond once again, this time with a concept that’s catering largely toward women.
Chester data center sold for $44M
With work on one of the region’s largest data centers underway in Henrico, a smaller data facility on the southern end of metro Richmond has changed hands in an eight-figure deal.
Bankrupt Manchester church finds buyer for its properties
Besting a local developer, a Midlothian church is now the frontrunner to score a portfolio of Manchester real estate, including the 44,000-square-foot sanctuary of Richmond Christian Center.
Race is on to redevelop aging Richmond Coliseum
A group of influential local businessmen may have some competition in their quest to build a new downtown arena and revitalize surrounding acreage.
Scott’s Addition momentum spurs another development deal
Two of Richmond’s up-and-coming developers are joining forces to convert a longtime Summit Avenue manufacturing facility.
Contractor chosen for Facebook Henrico data center
A national firm with a local presence has been tapped to oversee construction of the massive facility in the White Oak Technology Park.
Petersburg architects add office in the Bottom
A 15-year-old firm behind several area projects is expanding to Richmond while maintaining its foothold in its hometown.
Report: ABC HQ near The Diamond should be moved
The relocation would free up its 20-acre property, which has been discussed as a potential home for a long-awaited new baseball stadium to replace The Diamond.
Dodson expands commercial brokerage
The local property management firm went shopping in Shockoe to become a bigger player in the brokerage game.