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.
Grubb & Ellis declares bankruptcy
Commercial Real Estate
A victim of the recession: Prompt real estate taxes
Land developers make up the biggest chunk of tax delinquent businesses in the Richmond area. But the list also includes a golf course in Henrico, a music venue downtown and a planned sports complex in Chesterfield.
The Pipeline: Commercial Real Estate Roundup for 2.17.12
Office leases this week from Hanover to Chesterfield. Plus a local company expands into a larger space.
State office gets a new campsite
The Virginia Department of Game and Inland Fisheries has bagged a new home.
Step right up and buy the fairgrounds
As the clock ticks toward a crucial March 7 deadline, the bankrupt State Fair of Virginia will soon present a deal to its lenders that might involve funds from a new investor.
1,400 acres of legal quicksand
Monument Bank filed a lawsuit last week against the out-of-town owner of the Burrus Land Tract in Chesterfield.
Monday Q&A: From broker to developer
Midlothian-based Rebkee Company completely revamped its business model, branching out from developing locations for drugstore chain CVS to placing the winning bid on some iconic buildings.
The Pipeline: Commercial Real Estate Roundup for 2.10.12
Tons of industrial leases. Plus Q BBQ expands in Henrico.
Big plans for one block
Richmond-based Franklin Development Group wants to turn an old industrial building at 3200 W. Clay St. into 131 apartments.
Altria to consolidate offices
The parent of Philip Morris will relocate most of the employees from the WestMark One office building.