The move gives Samson a larger foothold in the Richmond market after expanding here two years ago. It does not include One South Commercial, which will break off as a new company.
Residential Real Estate
A Henrico-based developer is looking to build 328 townhomes, 225 apartments and commercial space on 116 acres just west of Magnolia Green Golf Club.
Reston-based Stanley Martin has now spent more than $10 million to acquire the 25-acre project site at the corner of Hull Street and Courthouse roads.
While two of the biggest area home sales in years led the pack of the priciest residential real estate deals in October, the month also saw two other transactions that reached the multimillion-dollar mark.
A longtime fixture in Richmond’s architecture scene is giving up his business, but not his drafting table just yet.
The 2-year-old brokerage is preparing to open a new office on Midlothian Turnpike, in a building its owners purchased last month.
The sale in Hampton Gardens topped Richmond’s previous priciest seller at CCV and came two days after the most expensive deal in the region in years.
Since expanding into the Richmond region last October, the company has purchased 14 homes in Chesterfield, Henrico and the city, according to a BizSense review of property records.
The property and its 21,000-square-foot mansion was purchased through a Florida-based LLC. It was previously the home of Rick Sharp, the late Circuit City CEO and CarMax founder.
The 6,100-square-foot house was the month’s priciest sale at over $2.1 million, edging out four other sales that were each separated by $100,000.