Commercial Real Estate

Banks go after one another in French fiasco

Two more Virginia banks are trying to recover millions squandered on incomplete historic renovations by Justin French. Only this time the banks didn’t lend directly to French.

Broad Street demo plans on hold

It has been more than two years since the CommonGroundz coffee shop closed, and the space has sat vacant, aside from the apartments upstairs.

More foreclosures in French’s portfolio

Another bank is foreclosing on some of developer Justin French’s property, and it could leave the tax credit investor in the lurch.

Do you have the receipt?

Despite having a profitable year so far, the owner of Regency Square has decided to stop paying its mortgage on the West End mall.

Renovations on tap at former Richbrau location

Some of the top honchos who used to run Wachovia Securities will again be working downtown after their growing startup leased space in a vacated Shockoe Slip brewery.

Commercial broker expands east

A local real estate brokerage recently opened a new office in Hampton Roads with the hiring of a seasoned broker there.

Think there’s nothing left in the Slip to convert?

One of the last undeveloped buildings in Shockoe Slip is getting the rehab treatment. And the developer is moving full steam ahead on several other projects in the same neighborhood.