Commercial Real Estate

An Alabama-based real estate investment firm has staked its entry into the Richmond market with a seven-figure purchase. An entity tied to Birmingham-based Gold Investments USA last month purchased the Shops at the Arboretum shopping center at 9101-9111 Midlothian Turnpike in Chesterfield County for $8.8 million, according to county property records. The firm purchased the property… Read more »

A real estate firm is expanding its Southside holdings, adding to a portfolio that includes the bulk of a big box retail center on Forest Hill Avenue and a 13-acre site in Manchester. Harper Associates last month purchased the former Dilligaf Tanning, Tattoos & Piercings building and surrounding 0.33-acre property at 6935 and 6935-A Forest Hill Ave., according… Read more »

A new-to-Richmond hotel brand is up and running downtown, bringing with it the city’s newest rooftop bar later this summer. The Graduate Richmond hotel opened to guests June 27 in the former DoubleTree by Hilton building at 301 W. Franklin St. Backed by Chicago-based private equity firm AJ Capital Partners, the Graduate is a chain… Read more »

It took only four hours, a platter of Mexican food and a couple of screaming kids for stay-at-home working moms Amy Rose Miller and Bunny Young to devise their plan. “It got a little crazy that day,” Miller said. “But in the end, I think we developed something truly special from the chaos.” From that… Read more »

In one of the priciest local apartment deals in recent memory, a nearly 30-year-old complex near Short Pump surpassed the $50 million mark with its sale last week to a Southside-based buyer. The 340-unit Wellesley Terrace apartments, at Lauderdale Drive and Three Chopt Road just south of Short Pump Town Center, sold July 11 for… Read more »

Four years after extending its reach north, one of Richmond’s biggest and oldest architecture firms is heading south to The Sunshine State. Shockoe Slip-based Baskervill has opened an office in downtown Orlando. It’s the company’s third office location in addition to its headquarters at 101 S. 15th St. and a satellite office in Washington, D.C…. Read more »

A local real estate investment company is back in buying mode down south, this time snagging an asset in the Lone Star State.

A Minnesota-based real estate investor has checked into the area with an eight-digit purchase on Virginia Center Parkway.

Two years after picking up the imprisoned Richmond landlord’s real estate holdings, the local development company’s efforts to turn those properties around are on full display in the Fan and Museum District.

An LLC tied to William Pyliaris last month purchased the PaperMoon Gentlemen’s Club property at 3300 Norfolk St., extending his Richmond-area club ownership tally to six.