Two local development companies partnered up to convert a Fan property into 16 market-rate apartments and 5,000 square feet of commercial space.
Commercial Real Estate
One Southside strip center sells, another gets lender scrutiny
A Midlothian retail strip was sold in an eleventh hour deal last week, while a nearby property that also borrowed at the height of the real estate boom is having loan troubles of its own.
Midlothian mixed-use project drags on
A decision on a much-scrutinized Midlothian mixed-use development won’t be made for at least another two months – nearly a year and a half since the project was first proposed.
Niagara falls into Chesterfield with $95 million investment
Lured with the help of money from the state and county, a California bottling company is pouring into a Chesterfield technology park.
Real estate fund cashes in
A fund specializing in the acquisition of office buildings has shifted from loan-backed property purchases and syndications to mortgage-less, all-cash deals.
Dominion digs in with downtown demolition
The first bites have been taken out of the Richmond Plaza building to make way for Dominion Resources’ new downtown tower.
Riverfront office tries on Silicon Valley style
A half-court basketball hoop, video game arcade and golf simulator are just some of the amenities coming soon to a downtown tech office.
Wilton adds to East End holdings
With the acquisition of two East End lots, a local real estate firm has doubled down to protect its previous investment in the neighborhood.
Plans for former American Tobacco, Buick sites in the works
Two new developments about a mile apart from each other are slated to bring a combined $80 million worth of investment and upwards of 400 more apartments to Manchester.
Pipeline 2.0: BizSense launches new email for commercial real estate
Richmond BizSense is branching out with our first industry-specific email blast, featuring the top three sales and top three leases from the week.