A motel near the Diamond was auctioned on Thursday, and the winning bidder put up nearly $1.3 million.
Commercial Real Estate
The Pipeline: Commercial real estate roundup for Oct. 10, 2014
A firm leases nearly 35,000 square feet in Chesterfield County, an autism program buys 6,000 square feet on Parham Road and the Virginia State Golf Association buys land in Chesterfield.
French/Jefferson collaboration heads to auction
A New York real estate firm is moving in on one of the properties at the center of a scandal that sent two local developers to prison.
Southside senior living center changes owners
The senior living complex was sold for more than $20 million in a massive deal that spans 15 states.
Builder looks to foreclose, take lead at Roseland
A creditor on the long-delayed development in Midlothian wants to foreclose on its 30-acre share and hopes to get the project moving again.
HR firm trades West End office for warehouse
The company is tripling its space in a move from Henrico to Scott’s Addition, where it will share a home with a whiskey distillery.
Developer eyes site for downtown Walgreens
More construction crews will soon be at work at one of Richmond’s busiest intersections as a developer tears down a gas station to make way for a new pharmacy and convenience store.
Museum District developer to demolish offices
A Richmond developer wants to bulldoze a 55-year old office building in the Museum District and replace it with more apartments for his portfolio.
Dominion cranks up work on $80M facility
The power company has started work on a new 100,000-square-foot energy center in Henrico County, an upgrade from its current facility at Innsbrook.
Builder restarts foreclosed development
New owners have picked up the development of a Chesterfield County community that stalled out in 2011 after less than a quarter of its lots were built up.