A local buyer has grabbed a pair of adjacent East Grace Street properties situated in the middle of a flurry of new activity from developers and restaurants.
Commercial Real Estate
Tech firm plugs in at Riverfront Plaza
After searching up and down the East Coast for its newest location, a New Jersey-based technology company is preparing to plant roots in Richmond.
Former W. Broad bingo hall eyed for redevelopment
Some prime Scott’s Addition real estate is set to change hands and potentially go vertical.
Another 55-and-up project planned for Chesterfield
A first-time developer is getting into the booming real estate market aimed at an older crowd and is pitching nearly 140 apartments and condos in southwest Chesterfield.
New project hopes to catalyze Fulton revival
A $38 million project has been approved in the East End’s Fulton area, and it will bring nearly 250 new apartments that developers hope will lure more amenities to the neighborhood.
Chesterfield shopping center sold for $4.4M
A Maryland-based firm has bought a grocery store-anchored shopping center in Chesterfield for $4.4 million after about two years under another out-of-town owner.
VCU buys Grace St. restaurant property
Long a holdout amid in VCU’s real estate acquisitions, a rundown restaurant property on West Grace Street has been sold to the university and is set for demolition.
VCU-area apartment deal closes at $7.4M
A local real estate firm bullish on the VCU market has finalized its purchase of a 41-unit apartment complex in Carver for $7.4 million.
Bank signs on for new downtown tower and shakes up the suburbs
Downtown’s skyline is set for change with a $93 million office tower to be anchored by SunTrust. And the bank’s moving plans are also shaking things up in the suburbs, where it will consolidate the rest of its staff into a single office park building.
New 21-story tower planned for downtown
A local development group has the tallest new tower to be built in Richmond in recent memory in the works, with a major bank signed on as the anchor tenant.