Commercial Real Estate

An effort to breathe new economic life into parts of Shockoe Bottom while acknowledging its history as a slave-trade hub is getting some advice from other cities that have faced similar challenges.

A sizable property along a rapidly changing downtown stretch of Grace Street is up for grabs and likely destined for a new purpose. The three-story, 38,000-square-foot building at 115 N. Jefferson St., at the corner of Jefferson and Grace streets, is on the market for $5 million. Ann Schweitzer Riley, a broker with One South… Read more »

A residential building converted from a former funeral home garage is in the hands of a new owner following a seven-figure deal.

More details behind a code-named industrial project in Chesterfield County are emerging. Armada Hoffler, a Hampton Roads-based real estate investment firm, said in an earnings conference call Tuesday that the 220,000-square-foot distribution center it is planning at 1608 Willis Road is being built for an undisclosed Fortune 50 company. Louis Haddad, president and CEO of the publicly… Read more »

Less than a year after finishing $8 million in upgrades to 20-plus apartment properties in the Fan and Museum District, the local development company and its Boston-based collaborator have put them on the market.

Zac Frederick, whose work includes redevelopment projects around the city, said he’ll keep the West Grace Street building as an income-generating property.

A pair of office buildings is getting a $3 million makeover that is bringing with it more than a dozen residential units.

The longtime headquarters of a local African-American publication has been sold to a Harrisonburg-based developer that’s making its second play in the neighborhood.

For its first foray into the Richmond market, an out-of-town firm has snagged a $2 million property on Cutshaw Avenue.