Commercial Real Estate

The coworking trend is spreading to Short Pump and filling a commercial space that’s been vacant since it was developed nearly a decade ago.

Two D.C.-area companies turned their sights south of Richmond in a pair of multifamily deals that each topped $20 million.

The new phase marks the seventh expansion of the 200,000-square-foot property on the eastern edge of the neighborhood.

With the recent increase in activity in the city, developers say the delays have gotten worse, costing them money and slowing down projects in what some see as a boom time.

After it was scrapped as the future HQ for one of Richmond’s fastest-growing companies and put back on the market, a notorious Shockoe Bottom building has hooked another owner.

Developers enlisted a new-to-Richmond brokerage to market the property, which has been on and off the market for three years.

A Chesapeake-based firm with a local office in Mechanicsville is moving its Richmond operations downtown into the Cokesbury building.

Richmond’s resident utility giant has chosen a name for its forthcoming downtown complex, and also is mulling the future of two other sizable properties in the city.

Decisions on the project may determine the fate of the state agency’s site near The Diamond – and potentially the future of baseball in the city.