After buying up almost 1.5 million square feet of office space in the Richmond suburban office market, Al Lingerfelt is taking his show on the road.
Commercial Real Estate
Scraping the bottom of the Shockoe barrel
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
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
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
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
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.
Aloft Hotel squabble lands in federal court
Midlothian-based Community Bankers Bank has sued two North Carolina hotel developers over a loan on the Aloft Hotel at West Broad Village.
It’s on-again, off-again with Capital One
The rapidly expanding banking and credit card giant has leased about 60,000 square feet in a building it vacated a few years ago.
Planning commission okays Shockoe hotel
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.