Commercial Real Estate

A national gym chain will launch its sixth area location in the Chesterfield shopping center, following in the footsteps of recently opened anchor tenant Walmart.

The Scott’s Addition redevelopment property has landed its first lease in a new craft brewery that will take up 17,000 square feet in the unique 1940s building.

The third mega downtown office deal to be finalized in the past four weeks, the 15-story Williams Mullen building has been sold off at $78 million.

Despite uncertainty about The Diamond, developers are continuing to revamp the stretch of Boulevard surrounding it, and a new Wawa gas station is the next project in line.

Keeping a recent spree of apartment sales going into 2016, a 40-unit Museum District property sold for $7.6 million after about six months on the market.

The area’s biggest hotel owner has grabbed yet another property near the airport and is planning to bring a major brand back to the hotel after it lost its Hilton status last year.

A locally based firm has sold off a Food Lion-anchored shopping center in Henrico County to a pair of out-of-town buyers for $5.28 million.

Freeing up 325,000 square feet of space, Macy’s is shutting down its locations in two local malls as part of a larger sweep to cut costs nationwide.

Surpassing its original $25 million goal, the private equity firm has capped another capital raise and will turn the money first toward a mixed-use project in North Carolina.

After finally securing needed financing for the project, the owners of a low-income senior housing building on West Broad Street are beginning work to revamp its 100 units.