A $12.5 million development in Union Hill is moving ahead and will likely break ground in October.
Commercial Real Estate
Former French property purchased
A Scott’s Addition building previously owned by Justin French and occupied by David Gammino’s contracting farm has a new owner.
Birds of a feather
Eagle Commercial Realty, a local brokerage firm, has struck a deal to affiliate with the national commercial real estate giant NAI Global.
Carytown Place tenants set
At least three national retailers will make their debut at the 42,000-square-foot development beginning in September.
Where retail therapy meets that empty feeling
A BizSense survey of five area malls shows 17 percent of more than 500 storefronts are vacant.
New faces on city committees
Two veterans of the local real estate scene will now have more say over projects working their way through Richmond’s permit system.
New Shockoe hotel gets final approval
Apple REIT got the green light from Richmond City Council for the construction of the Marriot hotel development it plans at the corner of Cary and 14th streets.
Colorado REIT sells Richmond apartments
Two West End apartment complexes were sold as part of a $297 million deal announced Monday.
Chris Tsui set to fatten up the Boulevard
The Rebkee Company has purchased the old Stronghill restaurant building and is leasing it to local restaurateur Chris Tsui.
Miller & Rhoads owners sue Richmond
The owners of the Miller & Rhoads residential and hotel project downtown are suing the City of Richmond over what they claim are erroneous assessments of the property’s value.