Commercial Real Estate

The redeveloped Scott’s Addition building has snagged two more tenants – this time attracting a local investment banking firm and a giant of the plumbing supply industry.

In the face of a pending lawsuit alleging financial troubles and accounting irregularities, the construction arm of local commercial real estate firm Thalhimer is being put to rest.

An out-of-town player has marked its entry into the local real estate market with an eight-figure purchase, nearly $20M more than what the seller paid six years ago.

The owners of a downtown convenience store are looking to add some new flavor to a building on West Broad Street. A business entity tied to the owners of the Davis Market at 301 W. Grace St. has purchased the one-story building at 4 W. Broad St. The deal closed Dec. 4 for $270,000, according… Read more »

The family behind a recently sold RV dealership in Ashland is rolling into the world of real estate investing with its first acquisition: a $7 million historic hotel.

Two local brothers have laid claim to a swath of downtown buildings that have sat largely dormant as much of the surrounding blocks have begun to sprout new life.

A group of investors looking to transform a portion of the office park into a more dense mixed-use development has enlisted local help to make the project reality.

A collection of warehouses on the city’s Southside is set to meet the wrecking ball early next year after a newly assembled development firm laid claim to the property last month. Hourigan Development, a commercial real estate development and consulting company led by CEO Mark Hourigan and President Joseph Marchetti III, announced Friday that it… Read more »

The former flagship store of a longtime Richmond hardware business is making way for the grocery chain’s second area location.

With the pending sale of an office building and recent purchase of a Norfolk hotel, the local real estate firm is shuffling its sizable holdings.