Commercial Real Estate

The firm, which is one of the many divisions of Commonwealth Commercial Partners, will anchor Dominion Exchange, a 70,000-square-foot office and industrial project.

At least two of the four groups contending for the project are proposing hotel towers that, if built as envisioned, could end up being the tallest building in Richmond.

The department has moved its operations out of the Douglas Development-owned building to a warehouse on North Hamilton Street.

The prolific, trailblazing and controversial developer was among the first in the region to see the promise of using historic tax credits to rehab the city’s old buildings into new uses.

On the heels of adding another new restaurant tenant, a western Henrico retail center with a knack for luring independent eateries has changed hands. 

Lincoln Avenue Capital is planning a complete renovation of the Chippenham Place Apartments, a 144-unit complex it acquired earlier this summer for $18.1 million.

The Richmond Economic Development Authority, which owns the old, stilted warehouse at 3101 E. Main St., held a committee meeting last week at which it discussed in closed session the future of the property.

The lease is a big win for local investor Gagan Marwaha, who in January bought the three-building office park that had been vacant since anchor tenant EAB moved to a new office near Innsbrook.

Sauer Properties now has the approval in hand needed for a mixed-use revamp of the shopping center formerly known as Stein Mart Festival near the intersection of Midlothian Turnpike and Robious Road.

A Big Apple firm has taken a bite out of Richmond’s West End as part of its entrance into the commonwealth with the purchase of the 86,000-square-foot shopping center.