A bankrupt home builder and its lender have agreed to delay further foreclosure auctions as the company searches for buyers.
Commercial Real Estate
Foundry pro takes swing at real estate
With the golf business in decline, a former golf pro left the driving range to take on a property management franchise.
Bankrupt motel owner rushes to beat auction
The owner of a hotel near the Diamond is trying to close a sale of the property before its scheduled October foreclosure auction.
Dance wear company counters landlord’s lawsuit
In the legal battle between a Shockoe Bottom landlord and tenant, a costume manufacturer has filed a countersuit and claims its lease is invalid.
Southside mosque headed to auction
For the second time in two years, a local mosque building is facing foreclosure.
Bus reroute drives business off Broad
An adjustment in the bus system is carrying customers away from a stretch of downtown Broad Street retailers. But the change in foot traffic may be a sign of larger redevelopment to come.
U.S. Attorney to change downtown offices
The long arm of the law is reaching into the SunTrust Center.
Second big office deal sealed in the suburbs
A local landlord followed up a recent Innsbrook deal with another $20 million sale of four of its Wyndham-area office buildings.
Retail strip heads to foreclosure
A stretch of West Broad Street that houses some popular retailers will be put to auction this week.
Elephant finds new stomping ground
A locally-based insurance company is moving its headquarters to Deep Run through a sublease deal to become the latest tenant in the former Circuit City complex.