Commercial Real Estate

A former office building converted to apartments three years ago has a buyer on the hook, while at the same time a lender has threatened it with a foreclosure sale.

“We’ve been investing in the neighborhood for a long time,” the developer said. “We’re huge believers in Manchester — this, to us, is not a gamble.”

Six years after moving into Scott’s Addition, the fast-growing local IT and consulting company is moving a block over to the neighborhood’s newest development.

A local developer is firing back against allegations that she’s purposely blocked a competitor’s access to an alleyway and impeded a pending hotel deal along the canal-front.

A 75-acre mixed-use project on West Broad Street has its first wave of commercial tenants opening their doors, with others on the way.

A Shockoe Bottom-based development firm didn’t have to look far for a tenant to fill a commercial storefront it’s constructing in the heart of the downtown district.

While house-flipping is an increasingly popular entrepreneurial endeavor, two local business partners are doing a different sort of flipping.

An emerging player in the continued renaissance of a stretch of downtown has grabbed another piece of East Broad Street real estate frontage.

A newly created real estate investment trust from a downtown-based private equity firm has sold $8.7 million worth of shares in a public offering, on its way to a $50 million target.

Two of the neighborhood’s most prolific developers are ready to move earth on a project they began plotting more than two years ago.