A surge in developer interest is forcing longtime tenants to pay higher rent, move elsewhere or adjust to the prices that come with higher-quality commercial space.
Current and former tenants adjust to Scott’s Addition boom times
Commercial Real Estate
Wilton launching last phase of Henrico office park
The local real estate firm is preparing to finish off one of its earliest office park developments — and it’s doing it on spec.
‘Scott’s Addition is on fire’: More office space fills out
The planned conversion of three aging office properties on West Marshall Street into modern workspaces has topped off its first phase of leasing.
Going Postal: Tech firm shows off new HQ
A post office on West Broad Street has traded mail carts and stamps for iMacs and Cascading Style Sheets.
Douglas Development adds another to downtown portfolio
The Washington, D.C.-based developer is one step closer to having control of an entire block in downtown Richmond.
Out-of-town investor mulls plans for Gateway Centre site
A Delaware-based real estate firm is weighing its options for a 5-acre office property it recently acquired in Chesterfield County.
First-time developer fitting apartments into century-old garage
A local attorney’s real estate side gig is giving new life to a 19th-century structure in Jackson Ward.
Developer’s momentum in Brookland Park spills onto North Ave.
As buyers continue to snatch up derelict properties along Brookland Park Boulevard, a real estate player in the Northside neighborhood is taking the lead on investing in another nearby street.
Regency Square has movie theater, other tenants on the hook
With leases in play for a movie multiplex, an indoor trampoline park and a pizza chain’s first Richmond location, the long-struggling West End mall’s future is beginning to take shape.
West End apartments land buyer as foreclosure looms
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.
