Commercial Real Estate

Several months after a lawsuit brought to light an alleged accounting scheme and claimed it had become a “cash drain,” the construction arm of local real estate firm Thalhimer has been put into bankruptcy.

A pair of businesses is ditching their longtime digs as a team of investors already familiar with the area is swooping in to take over the property.

A defunct bookstore and former hardware shop soon will be redeveloped along a stretch of Hull Street that continues to attract new investment.

The closing of a 90-day window for proposals to replace the aging arena and redevelop surrounding blocks downtown came and went with a single respondent submitting a plan.

The structure that served as the epicenter of business for one of Richmond’s most famous entrepreneurs is set to begin a new chapter as a mixed-use anchor.

Its Northern Virginia owner has put the old downtown bank building-turned-apartment tower up for grabs.

A New York developer is making an eight-figure first impression in Richmond with the purchase of an apartment building – doorman included.

An effort to breathe new economic life into parts of Shockoe Bottom while acknowledging its history as a slave-trade hub is getting some advice from other cities that have faced similar challenges.

A sizable property along a rapidly changing downtown stretch of Grace Street is up for grabs and likely destined for a new purpose. The three-story, 38,000-square-foot building at 115 N. Jefferson St., at the corner of Jefferson and Grace streets, is on the market for $5 million. Ann Schweitzer Riley, a broker with One South… Read more »