Commercial Real Estate

A small, reluctant step toward auction

New Kent

A portion of a New Kent County real estate development, still trying to pick up steam after the downturn, could be forced into an auction.

A facelift, with hopes of a rent hike

4900 Augusta Ave diptych

A office building’s new owners are betting that a little TLC can help raise the bar in a part of town with aging office buildings and subsequent cheap rent.