A potential new owner is moving in on a trio of office buildings near Innsbrook.
Multi-building contract is easy as I, II, III
Commercial Real Estate
3 years after fire, building’s rebirth at hand
An apartment development might soon rise from the ashes of a West End office building that went up in flames almost three years ago.
Mall’s performance slips as loan comes due
The last time a big loan came due on one of Taubman Centers’ Richmond area malls, the company ended up turning over the keys to its lender. Now the Michigan-based REIT has another large deadline approaching.
Owners of Diamond area motel go bankrupt
With a foreclosure on deck, the owners of a motel across from the Diamond have retreated into bankruptcy.
Firm picks up 3 buildings for $13.1 million
A Richmond real estate investment firm made an end-of-the-year play to bulk up its local portfolio.
Commercial real estate plays of the year
BizSense reporters stayed busy in 2013 calculating apartment totals, square footage and purchase prices. Make sure you didn’t miss any news with this roundup of the year in commercial real estate.
After many steps back, plan leaps forward
A developer is jump-starting a stalled development with a $22 million plan.
Md. firm makes $20M landing near airport
A Maryland-based real estate firm has landed in Richmond after buying a $20 million portfolio near Richmond International Airport.
Chesterfield mall sold to New York firm
A New York REIT did its Christmas shopping in Richmond this year.
Developers, city wrangle over tax incentive
After a five-month review of Richmond’s tax abatement program, changes to the widely used real estate development incentive are being hammered out between the development community and city council.