Commercial Real Estate

While a long-delayed decision on a neighboring development looms, a companion apartment project is moving forward at the site of the once-named Midlothian Town Center.

The regional transit authority has secured more property in the city as it readies to roll out its rapid transit bus line.

The purchase signals a change of pace for the company, which is known for new construction in the neighborhood and renovating a portfolio of Richmond apartments.

A Richmond-based firm is gutting the headquarters of its former subsidiary at 6 S. Harvie St. to make way for a $3 million mixed-use development.

In the midst of another project in Scott’s Addition, a real estate investment group is moving forward with plans to replace an old medical office building with a 15-unit apartment complex.

It took only about a year for the empty lot of a former fast food joint on Hull Street to get snatched up.

A St. Louis-based hotel chain is eyeing its first location in the Richmond market — and its first in the state.

A bank-anchored office property near Virginia Center Commons is being threatened with the auction block, after its loan matured and went into default.

A mixed-use development at the foot of Church Hill is now in the hands of a local real estate firm, while a mystery buyer scooped up a pair of offices for $6 million.

In the biggest Henrico County commercial property sale so far this year, a retail development has been snatched up by the real estate investment division of a major life insurance company.