Florida-based real estate investment trust Parkway Properties sold five Midlothian office buildings, the last of its local holdings, to Hertz Investment Group.
REIT pulls up stakes
Commercial Real Estate
Manchester makeover continues
Forty-four more apartments are planned for the Manchester section of Richmond, the latest project in a flurry of activity there.
Manchester parcel gets reheated
A Richmond developer has a contract on one of the largest contiguous plots of land in downtown Richmond, a deal that could transform the south side of the riverfront.
Downsizing near the Diamond
A Richmond nonprofit is selling its building in a neighborhood that’s been home to some big deals lately.
One or two bedrooms, with a view (for everyone)
A local developer hopes to break ground within the year on a large apartment building at the border between Church Hill and Shockoe Bottom.
SunTrust plans a $4 million parking garage
A Richmond developer sold 1.8 acres of land last month to the bank for $1.7 million.
A business blockade
In a battle between apartment owners and hotel owners over thousands of temporary Petersburg tenants based at Fort Lee, one side is calling in the heavy artillery.
One relocation, two rehabs
Fountainhead Development is getting ready to renovate buildings on two city blocks near Fifth and Stockton streets.
The Pipeline: Commercial Real Estate Roundup for 2.24.12
A Richmond apartment building was sold this week. Plus a Spanish restaurant leases space in Henrico.
Grubb & Ellis declares bankruptcy
Grubb & Ellis, a national commercial real estate firm with a local affiliate, filed for Chapter 11 bankruptcy Tuesday and announced plans to sell the firm to a large investment house.