Commercial Real Estate

A local apartments-focused real estate firm has completed its sale to an out-of-town buyer, handing over its cache of 24,000 apartments in a nearly $2B transaction.

Dominion Resources has signed on locally based Hourigan Construction and Chicago-based Clayco to build it a tower that will rise in place of the existing six-story, 269,000-square-foot Richmond Plaza at 111 S. Sixth St.

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.

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.

Some prime Scott’s Addition real estate is set to change hands and potentially go vertical.

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.

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.

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.

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.

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.