Atlanta-based Apartment Realty Advisors makes its entrance into the Richmond market.
Commercial Real Estate
Lights out at Days Inn
The Days Inn at Chesterfield Towne Center is getting a $3-million makeover and being resurrected as a La Quinta.
Kroger moves beyond produce to pillowcases
The massive Kroger being built at the site of the old Cloverleaf Mall on Midlothian Turnpike will sell furniture and home goods in addition to groceries, competing more directly with Walmart and Target.
REIT pulls up stakes
Florida-based real estate investment trust Parkway Properties sold five Midlothian office buildings, the last of its local holdings, to Hertz Investment Group.
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.