Coinciding with a larger state real estate shuffle downtown, a Virginia agency is testing the waters of the downtown market as it considers vacating its longtime home on Main Street.
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Q&A: Picking up the pieces of HDL
In the midst of integrating the beleaguered HDL with his own blood testing firm, True Health Diagnostics CEO Chris Grottenthaler sat down with BizSense to talk about the challenges of bringing the two companies together and how he was able to see past HDL’s baggage.
Nonprofit financial firm heads to Norfolk
A bank and nonprofit lender on projects aimed at low- and moderate-income residents has launched a new office in Norfolk to be closer to its work in that part of the state.
Restaurant opens in upcoming hotel
The first restaurant tenant in an upcoming double-Hilton hotel opened this week and will be followed by a juice bar and a rooftop bar.
Consultants hop up Grace Street
A company that advises clients on diversity and inclusion strategies is more than tripling its space in a newly renovated East Grace Street building.
Thalhimer house sold for $1.5M
After 50 years in the hands of the prominent local family, new owners are stepping into the 5,700-square-foot house near the Country Club of Virginia.
Demolition begins on Jackson Ward medical building
A former medical practice building is being razed in Jackson Ward, creating a 3-acre plot for potential redevelopment.
Local real estate firm acquired in $1.9B deal
Despite a recent push toward an IPO, a local apartments-focused REIT has agreed to be sold in a deal valued at $1.9 billion. West End-based Landmark Apartment Trust announced last week it will be acquired by Monument Partners LLC, an entity owned by affiliates of Greenwich, Connecticut-based Starwood Capital Group and Dallas-based Milestone Apartments REIT…. Read more »
HDL creditors to investigate execs, board members
A bankruptcy judge gave a group of HDL’s creditors the go-ahead to conduct an investigation into the reported massive amounts of cash paid out to some of the company’s former executives and most of its current board members.
The Pipeline: Commercial real estate roundup for Oct. 23, 2015
Several downtown properties sell, Hanover Sports Park is sold for $1 million, and a canning company grabs space on Atlee Commons Road.