As Richmond’s newest tower rises, a reshuffling of downtown office space might be set into motion.
Planned tower could have trickle-up effect
Commercial Real Estate
Parachute Factory owner bails on payments
One of the first historic tax-credit apartment projects by two notorious developers has gone into default.
Office building sells for almost $20 million
An out-of-town REIT has struck a big-money office deal in Richmond.
Spy Rock’s plan moves to firmer ground
One of Scott’s Addition’s biggest development projects took a big step forward Monday.
Church Hill theater is poised for comeback
Forty years ago, the East End Theater could hold upward of 800 spectators. Today, weeds and small trees grow from where there used to be a floor. But the theater might be nearing the start of a second act.
$30M Chesterfield project underway
Construction is underway on a Chesterfield mall’s massive new neighbor.
Henrico compound gets its finishing touch
A Pennsylvania-based REIT is gearing up to break ground on the final piece of its massive industrial park in Eastern Henrico.
Deal sealed for Glen Allen shopping center
Another Big Apple buyer has poured its money into Richmond real estate.
Planned downtown tower to be sold to NY firm
Before it’s had a chance to get out of the ground, Richmond’s newest office tower has found a buyer.
Facing auction, church throws a Hail Mary
A last-minute bankruptcy filing saved a Southside house of worship from the auction block, but local developers are on the prowl for the property.