Commercial Real Estate

Downtown pub building to add apartments

Penny Lane 2 ftd

The new owner of a longtime local pub spot on Franklin Street has plans to replace the upstairs office space with 10 new apartments as the neighborhood slowly draws more businesses.

Old bank building sold at auction

A bankrupt entity tied to a local restaurateur auctioned off a 100-year-old former bank building downtown to a West Virginia investor.

Cary Street corner set for renewal

2028 W Cary St Levine Shriar ftd

A three-man development group has plans to bring a handful of apartments and a new restaurant to the stretch of Cary Street between VCU and Carytown.

DC firm buys 300 Chesterfield apartments

Huguenot Apartments 2 ftd

A real estate firm that works with foreign investors made its first move in Richmond market with the purchase of a Chesterfield County apartment complex.

Real estate firm seals acquisition, turns to $30M raise

Allegiancy 121 Centre office park Bedford Texas ftd

A real estate management company doubled its property portfolio in a purchase of a Texas firm, and it’s looking for more acquisitions in the future with help from a planned capital raise.

Church Hill developers take on new project

UrbanCore 320 N 32nd ftd

A development firm is continuing to grow its Church Hill portfolio with plans for a new commercial space, as well as a few residential units.

Builder begins work on new downtown digs

Hourigan 411 E Franklin 2 ftd

A commercial construction firm is building out a space for itself downtown as it readies to leave its longtime West End office.

Trio of projects transforming Short Pump

Greengate W Broad Marketplace Broad Hill Centre ftd

With work getting started on three large developments near Short Pump Town Center, West Broad Street is set to be flooded with 790,000 square feet of commercial space and more than 800 residential units in the next few years.