A bank-anchored office property near Virginia Center Commons may soon have a new owner as its date with the auction block has been set.
Foreclosure set for Henrico office complex
Commercial Real Estate
Amazon to open new operation in Ashland
The king of online retail is making another big move into the Richmond region, with a 320,000-square-foot lease for a new facility.
Local players seal two $4M apartment deals on Broad
Two 1920s-era apartment and retail buildings within two blocks of each other in the VCU area both sold on the same day last week.
7-story hotel planned for Short Pump
The Richmond market’s largest hotelier is going for the trifecta in the western end of the neighborhood.
16 Manchester parcels on the line in church bankruptcy
Nearly four years after going into Chapter 11 bankruptcy to protect its Manchester real estate holdings, a Southside church is once again threatened with losing its property.
Midlothian retail center fetches nearly $9M
An Alabama-based real estate investment firm has staked its entry into the Richmond market with a seven-figure purchase. An entity tied to Birmingham-based Gold Investments USA last month purchased the Shops at the Arboretum shopping center at 9101-9111 Midlothian Turnpike in Chesterfield County for $8.8 million, according to county property records. The firm purchased the property… Read more »
Local developer tightens its retail grip on Forest Hill Ave.
A real estate firm is expanding its Southside holdings, adding to a portfolio that includes the bulk of a big box retail center on Forest Hill Avenue and a 13-acre site in Manchester. Harper Associates last month purchased the former Dilligaf Tanning, Tattoos & Piercings building and surrounding 0.33-acre property at 6935 and 6935-A Forest Hill Ave., according… Read more »
Revamped Franklin St. hotel checks in downtown – in-house dog included
A new-to-Richmond hotel brand is up and running downtown, bringing with it the city’s newest rooftop bar later this summer. The Graduate Richmond hotel opened to guests June 27 in the former DoubleTree by Hilton building at 301 W. Franklin St. Backed by Chicago-based private equity firm AJ Capital Partners, the Graduate is a chain… Read more »
New local coworking space caters to parents – and their kids
It took only four hours, a platter of Mexican food and a couple of screaming kids for stay-at-home working moms Amy Rose Miller and Bunny Young to devise their plan. “It got a little crazy that day,” Miller said. “But in the end, I think we developed something truly special from the chaos.” From that… Read more »
Short Pump apartments sell for $51M
In one of the priciest local apartment deals in recent memory, a nearly 30-year-old complex near Short Pump surpassed the $50 million mark with its sale last week to a Southside-based buyer. The 340-unit Wellesley Terrace apartments, at Lauderdale Drive and Three Chopt Road just south of Short Pump Town Center, sold July 11 for… Read more »