A St. Louis-based hotel chain is eyeing its first location in the Richmond market — and its first in the state.
Commercial Real Estate
Foreclosure looms on Henrico office complex
A bank-anchored office property near Virginia Center Commons is being threatened with the auction block, after its loan matured and went into default.
Church Hill apartments fetch $10M; Innsbrook office building sells at auction
A mixed-use development at the foot of Church Hill is now in the hands of a local real estate firm, while a mystery buyer scooped up a pair of offices for $6 million.
Wegmans-, Cabela’s-anchored Short Pump center sells for $74M
In the biggest Henrico County commercial property sale so far this year, a retail development has been snatched up by the real estate investment division of a major life insurance company.
18-story tower eyed for VCU gas station site; bowling alley included
Despite interest from the university, local businessman Steve Uphoff is pushing ahead with his plan for a $100 million tower next door to the under-construction Institute for Contemporary Art.
ABC begins search for new HQ; could free up land for new stadium
The state agency is on the hunt for a half million square feet of real estate, potentially making its current home a site for a new baseball stadium.
Richmond lawyer’s REIT continues IPO push
A local attorney’s real estate side gig has reached a milestone in its bid to raise $30 million in capital.
New office building proposed for former Interbake warehouse
A team of developers plans to construct one of Scott’s Addition’s largest new office developments in years, driven in part by the neighborhood’s growing number of residences, breweries, and food and retail options.
Sears leaving Regency Square; mall owner lays in wait
The closure would leave empty an important anchor property of the larger mall site, which is in the early stages of a reinvention by two local real estate firms.
Updated: Seminary apartments plan scores a minor victory
The city’s zoning commission has rejected an appeal by residents of Sherwood Park and Ginter Park neighborhoods aimed at halting construction of a 301-unit apartment building.