Commercial Real Estate

Scraping the bottom of the Shockoe barrel

Armitage building exterior

Brokers are pitching a building near Shockoe Bottom as one of the last large-scale — you guessed it — historic tax-credit adaptive reuse apartment buildings in the area.

Would-be development heads to the block

Riverview Green sign

More than 100 acres that were to be the home of a development tied to Hank Wilton and Bill DuVal will be auctioned on the steps of the Henrico County Courthouse.

2 French buildings get a fresh start

3031 Norfolk Street

Developer Louis Salomonsky picks up two of Justin French’s unfinished apartment projects in Scott’s Addition at an unusually suspenseful foreclosure auction.

Architects sued for back rent

Plant One building

SMBW Architects say they cleared their early departure from a Manchester building with landlord Plant One LLC, which is asking them to cough up more than $165,000.

Magellan moves to WestMark II

WestMark II

Magellan Health Services has signed a lease for the fifth floor of the WestMark II office building, which has been vacant since MeadWestvaco moved downtown last summer.

Planning commission okays Shockoe hotel

First Freedom Center site

Apple REIT executives make their case, and Richmond’s planning commission unanimously approves a proposed Marriott hotel in Shockoe Slip.

Shockoe apartment market heats up

A group with more than 10 projects under its belt is planning a 57-unit apartment complex in Shockoe Bottom.