The real estate firm is shuffling responsibilities in its upper ranks, and the current president will also be taking on the role of CEO starting next month.
Commercial Real Estate
Downtown office tower under contract for $78M
The 15-story Williams Mullen building it set to be sold off by its Virginia Beach developer in the largest downtown office deal in more than two years.
Contractor sues developer over high-end condo project
Mid-construction, the general contractor on a Libbie Avenue condo project has sued the developer, claiming it was unfairly kicked off the project before its completion.
Bank reclaims Chesterfield shopping center at auction
With little competition from outside bidders, a lender on a Chesterfield County shopping center has taken control of the property after a Friday auction and $8 million bid.
Developer sells last Arboretum building for $6.75M
Updated: The Charlotte-based firm that developed a large Chesterfield County office park has exited the Richmond office market after selling a building to the company behind the John Marshall rehab project.
Soy sauce maker doubling size of Henrico plant
The county Planning Department gave a Japanese company the OK to expand its production facility by 60,000 square feet, part of a planned $38 million investment in the area.
Construction strips down Main Street Station
The skeleton of the historic Shockoe Bottom train shed has been bared as a $48 million project phase prepares to install a new roof and glass walls.
With massive plan, group goes to bat for The Diamond
Another private-sector team is entering the field of debate over the baseball stadium and is hoping to save The Diamond by building up a large mixed-use development around it.
Developers preview West End theater project
The new owners of the Westhampton Theater and another Grove Avenue property gave an audience a sneak peek of their plans for the site, which include a Short Pump restaurant chain, a Hampton Roads market and cafe, offices and condos.
New apartment plan rehashes Shockoe Bottom site
After plans for a condo building were shot down by neighbors, developers are back with a new pitch for a patch of land along East Main Street and hope to appease residents and City Council with height limits and other conditions.