A bank has taken control of a Staples Mill shopping center after making a $3.2 million bid at a Monday auction.
Commercial Real Estate
Short Pump shopping center set for new development
A large Short Pump shopping center is set for its final development phase that will bring in a national restaurant chain and two other new tenants.
Longtime developer bets on the Boulevard
A local commercial real estate veteran says the Boulevard is the next hot spot – and he’s getting in on the action with a 3-acre development project.
With $8M tag, Manchester lot hits market
Two local developers are unloading a 6-acre riverfront property on the Southside and hope to bring a large mixed-use project to the site.
Staples Mill strip heads to auction
A stretch of retail properties in Henrico County is set for a foreclosure auction next week. And the sale is tied to the 2008 downfall of a large Midwestern real estate firm.
Grocer finishes up first local store
A German grocery chain has big plans for the local market, and its first area store is nearing completion.
Developer bringing new homes to the Fan
A local developer plans to build a $2.5 million row house and condo project on a small plot on Kensington Avenue atop a former nonprofit office.
Jefferson portfolio finds new buyer
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
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.
Short Pump slated for $20M senior living facility
A Richmond-based senior housing firm is jumping back into the local market with 10-acre plans on Gayton Road for an assisted living and memory care complex.