Another swath of Richmond office space has been snatched up by an out-of-town buyer – its first foray into the local market.
Commercial Real Estate
Va. Beach builder buys into River Mill for $6M
A 1,000-home development planned near a local mall has a builder lined up for its first multifamily section.
Flood Zone rehab shelved; for sale sign goes back up
The site of a notorious former Shockoe Bottom night club and concert venue is back on the market after a Henrico-based real estate firm scrapped its plan to relocate its headquarters there.
American Tobacco site: ‘Ten years from now we will look like geniuses’
The first phase of the reinvention of a former Southside tobacco warehouse is set to begin.
UPDATED: Construction underway on controversial Stony Point apartments
Two years after neighbors succeeded in temporarily halting the project, a much-debated apartment development beside Stony Point Fashion Park is going vertical.
Triangular lots to get new life in Church Hill
A local real estate agent is working on plans for about $9 million of mixed-use projects to take shape on triangular lots in the neighborhood.
Lingerfelt snags S.C. office towers
After selling off one of its Florida assets earlier this month, the Henrico-based real estate firm put more money to work and snatched up a pair of towers in upstate South Carolina.
CRE Rehash: A year’s worth of deals and developments
Scott’s Addition stayed hot. Downtown began to heat back up. Broad Street continued its transformation. And the boundaries of Short Pump pushed ever westward.
Manchester Pie Factory building sold to N.Y. investor
An out-of-town buyer has snatched up a slice of the Southside in a deal worth more than $2 million.
Brookfield Commons building sells for $3M
A local developer in the midst of a three-phase project in Short Pump has staked a sizable claim farther east down West Broad Street.