Commercial Real Estate

This update includes the three-building portfolio’s purchase price: Nearly $26 million.

And with deals coming together at a faster clip than last year, the next half-billion could come a lot sooner.

A deal is in the works to sell a nearly 40-year-old retail strip off Midlothian Turnpike.

Chesterfield supervisors voted unanimously Wednesday to reduce the county’s cash proffer for residential development – the first such reduction in 25 years.

Some of the final fragments from an imprisoned local developer’s real estate portfolio are set to change hands after a court-ordered auction held Wednesday.

Months after narrowly avoiding foreclosure, the downtown office complex is on the hunt for a new owner.

In what could be the first reduction to its policy in a quarter century, Chesterfield is considering a change to the county’s cash proffer system that critics maintain has stymied residential growth.

Derek Cha and his partner Brett Burkhart are adding more land to a sprawling “retail-tainment” development they’ve proposed in Chesterfield.

A swath of industrial square footage in Eastern Henrico has been spoken for before it’s been fully built – and its developer has more local spec space in the works.

The university further solidified its grip on land around its forthcoming Institute of Contemporary Art.