A D.C. developer just sold a downtown Richmond office building to Dominion Resources for about half what it paid four years ago. The firm is also shopping a prime property near the corner of Boulevard and Broad streets.
Commercial Real Estate
Lingerfelt expands the portfolio
The local real estate development firm has picked up an 81,000-square-foot property.
Manchester to get $15 million apartment project
The developer behind the renovation of the John Marshall Hotel has big plans for an empty lot in Manchester it just bought from a bankrupt prominent family. And more of the family’s properties are on the market.
Deal built on shaky ground falls through
A 60-acre wetland once slated for retail development went back to the lender Friday.
VCU students living north of the Interstate?
An Indiana-based student housing developer is staking its claim in the Richmond market with a $22.4 million apartment complex. The company will run a shuttle to Virginia Commonwealth University, which is about half a mile away.
Chesterfield entertainment goes uptown
A convenience store magnate is set to start construction on a 56,000-square-foot complex featuring 40 bowling lanes, two restaurants, 80 flat-screen televisions and more.
Talk about a silver lining
After a fire sends several Richmond businesses scrambling for new homes, owners reflect on how the cloud saved them.
$10 million and counting
A fast-growing construction firm has carved out a niche for itself by specializing in medical construction, and is moving to a new HQ in Shockoe Bottom.
Costco gets new digs but needs neighbors
Now that Costco has moved into its new 150,000-square-foot store on Mall Drive in Chesterfield County, its developers are working on finding it some neighbors.
Monday Q&A: Diversification details
Craig Cope of Liberty Property Trust discusses the $100 million deal that made headlines last week.