Commercial Real Estate

Jefferson portfolio finds new buyer

Jefferson 705 N Boulevard ftd

An entity that already owns dozens of properties throughout the city has come forward with an offer on a piece of Billy Jefferson’s real estate empire.

Downtown hotel handing keys to new owner

Downtown DoubleTree ftd

A Hilton-branded hotel near VCU is nearing a sale to a company that’s growing in college towns across the country. And the buyer has multimillion-dollar renovations in mind for the property.

Medical office in the works at Short Pump

Town Center West

Two doctors and a developer have gone in on the $5 million second phase of a Short Pump development that it aims to fill with other medical practices.

Jefferson properties draw new buyer interest

2903 Monument Ave 620

At a hearing on Tuesday, lawyers for imprisoned developer Billy Jefferson’s real estate entities hinted that the massive apartment portfolio has found new buyers.

Wheels turning again on Henrico project

Boyd Homes Castleton 2

A Hampton Roads builder is picking up where it left off on a massive Henrico County community and plans to build 500 single-family homes.

Airport hotel stripped of its brand

Airport DoubleTree hotel ftd

Hilton pulled out of a local hotel after the owner refused to spend million on an interior overhaul, and now the hotel is on the market.

Southside shopping center sells for $15M

Stony Point Shopping Center 2 ftd

An out-of-state buyer snatched up a Bon Air shopping center last week, and a prominent local family is unloading some its real estate as part of the deal.

Regency Square mall sold for $13M

Regency Square Mall ftd

Two local development firms with large-scale projects under their belts have sealed their joint purchase of a West End mall after years of lender ownership.

Real estate firm ups its hotel holdings

Lingerfelt Atlanta DoubleTree

An Innsbrook firm bought several hotels in three states, pushing its total real estate holdings to 4.2 million square feet.