With its largest Richmond project towering nearby, a Washington, D.C., development firm has expanded its reach into Jackson Ward with the purchase of a commercial property that had been on the market for three years.
Commercial Real Estate
$11M project floated west of Short Pump
Goochland County is getting in on the senior housing boom as an Atlanta-based firm has plans for its second assisted living facility in the Richmond market.
Rehab’s lead tenant readies downtown debut
A local financial firm has been lured out of Innsbrook by the chance to be the anchor tenant of a newly renovated downtown building.
Kensington Ave. apartments get $8M price tag
The 40-unit Lee School Lofts in the Museum District hit the market earlier this week, listed by its out-of-state owner with an $8 million asking price. And two other local apartment complexes are on the market for a combined $16 million.
Buyer bags Ukrop’s site
With new owners in place, an idle slice of Glen Allen land once slated for a Ukrop’s grocery store is finally ready to be developed into a 107,000-square-foot shopping center.
Investor plugs $10M into first Richmond deals
A Virginia Beach real estate veteran recently arrived in Richmond with money to spend and bought an E. Cary Street office building and a Henrico shopping center as part of his first push into the local market.
Downsized apartment project begins to rise
After cutting the number of units by about half, work is underway on a new apartment building downtown.
Hanover planning endorses 120-acre project
A development that would bring more than 500 residential units and 200,000 square feet of commercial space is headed for the Board of Supervisors after getting the OK from the county’s Planning Commission.
Updated: Lingerfelt makes $110M buy into Hampton Roads
The Richmond real estate giant purchased nearly two dozen properties in Hampton Roads that bring an additional 1.3 million square feet into its holdings.
Outlet billboard battle heads to Va. Supreme Court
A dispute between a Hanover landowner and the county over a pair of billboards to advertise an unbuilt outlet mall has risen to the state Supreme Court.