Commercial Real Estate

Lottery lucks out on new HQ hunt

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After stretching its search into the suburbs, the Virginia Lottery has landed a lease in a state-owned office building just three blocks away from its current home.

A first glimpse at Quirk Hotel

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Racing to get out in front of the bike race, the Ukrops’ new downtown hotel and art gallery is planning to open a portion of its rooms and amenities before the end of the week.

Boulevard books another redevelopment

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The stretch of Boulevard bordering Scott’s Addition is set for more apartments and retail, and the developer is also tackling an vacant storefront in a changing section of downtown.

$9M bid chosen for GRTC bus depot

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A trio of well-known local developers have teamed up again in a bid for the redevelopment of the vacant GRTC bus depot between Carytown and the Fan.

Sauer to break ground on Henrico shopping center

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The developer is gearing up to start construction on the first piece of a 175,000-square-foot commercial project, and three national retailers have already signed on.

Lombardy property set for apartment rehab

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After unloading a large VCU-area apartment complex, a prolific developer is turning to a smaller property nearby, where he plans about a dozen high-end units.

Church Hill developer sues project’s investors

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The developer reviving an abandoned stretch of O Street is taking her private investors to court for $8 million and alleges that the husband and wife conspired to wrench the project away from her.

String of apartment buildings sold for $10.5M

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Making a big entrance into the Richmond market, a private equity firm has grabbed up a portfolio of 12 different apartment complexes along Chamberlayne Avenue.

Developer’s Manchester transformation underway

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A large mixed-use development on the Southside is humming along through its first phase of construction, and the finished product plans to bring a grocery store, gym, apartments and commercial space to the growing neighborhood.