Commercial Real Estate

First-floor rents go down another level

A flier for the Residences at the John Marshall.

The developers of a downtown hotel-turned-apartment building have lowered the rent on 27,000 square feet of first-floor retail and office space that has sat empty for about a year.

70-acre project seems to get some good help

A veteran Richmond developer is close to landing a big-name tenant for his planned medical office park and mixed-use project west of Short Pump.