Commercial Real Estate

After the local real estate scene prompted their recent homecoming, two native Richmonders have sealed their biggest buy to date with the purchase of an apartment complex on West Grace.

A 2007 mixed-use development in Chesterfield County seems to finally be turning a corner with two land deals in the past six months and work about to start on the project’s first apartments.

A few months after switching brands, a hotel near RIC was sold for $4 million and now is set for renovations to its 226 rooms.

The Libbie Mill-Midtown development in Henrico County will soon kick off its first round of residential construction, and it has also been given the OK to build a high-rise in the center of the project.

The demolition of the aged Fairfield Commons mall started with celebration Thursday, as the property’s new owner gears up to build a brand new, Walmart-anchored shopping center in its place.

A real estate firm scooped up nearly 100 acres in Henrico County for an industrial project, and plans suggest that a major Chesapeake alcohol distributor could be moving in.

With a pair of 300-acre land deals in less than two months, Bill Goodwin’s real estate company has doubled its holdings in Chesterfield County and grabbed more property near a massive mixed-use project.

A pseudo-island wedged between the Manchester canal and the James could support the next major change to the city skyline. A developer is proposing a pair of 16-story apartment towers to replace an old paper company building.

A private equity company with a hand in several major commercial real estate projects is already filling its next fund more than $26 million in investments so far.

A holdout to VCU’s Grace Street real estate expansion could finally be absorbed into the university’s growing territory as the restaurant property’s owner seeks a buyer.