Commercial Real Estate

The local real estate market has seen a flurry of recent apartment deals and listings, and two more properties in Shockoe Bottom and the Southside are now up for grabs.

A ‘multi-use’ development that will build 200,000 square feet of commercial space and 530 residential units on the edge of Mechanicsville got the go-ahead from county supervisors this week.

With court approval, HDL is hurrying to finalize a lease with VCU that would give the university 45,000 square feet in its downtown headquarters building and save the lab company $1.5 million annually in rent and utilities.

After selling off a batch of properties and going public earlier this year, a downtown real estate firm is back to buying with three hotel deals in Florida and California.

A kidney specialist is gutting a former college building in Henrico County that it will convert into a new medical office building – for its own operations and another large tenant.

Hardywood’s $28 million Goochland plans are a big boon for the craft brew industry, and local developers Pruitt Cos. and Bill Goodwin’s CCA Industries will also benefit from the massive planned facility.

After 13 years in Shockoe Slip, an insurance company is moving in with one of its biggest clients to the new 18-story addition to downtown’s skyline.

A vacant mall property that has long been slated for a Walmart-anchored redevelopment project is finally getting off the ground following a sale last week.

The buyers of the massive Billy Jefferson apartment portfolios are unloading several properties, including apartment buildings and a few single-family homes on Monument.

The YMCA tore down its former day care building downtown on Thursday.