The bankruptcy of an Arizona-based company has led to an expansion of a local builder’s senior living portfolio in Henrico.
Commercial Real Estate
New real estate firm grabs BofA branch, Eco Flats
A West Broad bank property and a Jackson Ward apartment building mark some of the first acquisitions of an up-and-coming development company.
Site work starts on alleyway project
A project that will fit six modern-design townhomes within a built-out city block has more room to maneuver.
Scott’s Addition hotel sold, $30M mixed-use conversion planned
With rents rising apace, a local nonprofit hopes to bring affordable housing to Richmond’s hottest neighborhood.
Salomonsky, White get go-ahead for Overbrook project
Following several iterations over the course of four years, plans to convert a century-old warehouse near The Diamond into apartments have received city approval.
‘We wanted to play with the big boys’
A startup commercial real estate firm in Richmond has bought into a national franchise in a bid to grow its book of business.
Drive for office space takes hold in Scott’s Addition
Another property grab in Scott’s Addition shows how developers view modern office space as the next hot commodity in the sought-after neighborhood.
Hope springs from Union Hill eyesore
A picture of what could become of a prominent property in Richmond’s Union Hill neighborhood became clearer last week.
Lidl closes on Staples Mill site
The next wave of European grocery chain stores to invade Richmond is beginning to swell.
West Broad shopping center hits the market
The owner of more than 700,000 square feet of Richmond-area retail space is selling off a piece of its local portfolio.