Commercial Real Estate

The Pipeline: Commercial Real Estate Round Up for 2.26.10

Thalhimer reports the following deals: RJW6, LLC purchased the approx. 4,800 sq. ft. industrial property at 2709 Willard Road in Henrico from John Jen, LLC for $340,000 and will operate their business, Mosquito Squad of Richmond, at this location. Boushra F. Mikheal purchased the approx. 12,000 sq. ft. retail building situated on 1.25 acres at… Read more »

Green building and adaptive reuse under one roof

Developer David Gammino has moved onto his next apartment project—a historic property in Jackson Ward. Gammino isn’t making it easy on himself by using green building and historical preservation techniques at the same time.

Less rent means lower appraisals

The value of existing commercial real estate in Chesterfield County dropped an average of 6.4 percent or $418 million last year, according to the county assessor’s office.

When will condos rebound?

FHA rules, oversupply and looming shadow inventory are among the obstacles facing Richmond condo developers

Rain delay for storm water rules

New rules on how builders must account for runoff that eventually flows into the Chesapeake Bay will have to go through another comments period. The development community has resisted the new standards, which they say will make costs prohibitive just as the industry is trying to recover from the recession. The rules are intended to reduce pollution in the Bay.