A company that advises clients on diversity and inclusion strategies is more than tripling its space in a newly renovated East Grace Street building.
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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.
Biotech park draws in NY firm
A diagnostics company is relocating its operations downtown and it has plans to greatly increase its workforce after the move.
Real estate broker leaves longtime firm
After 10 years with the company, Nathan Hughes of commercial real estate brokerage Bandazian & Hughes is switching gears with the start of his own firm.
Financial firm’s bankrupt shell settles two lawsuits
After years of complex legal battles, the remaining shell of a longtime financial firm is shaking off a pair of lawsuits, receiving a payout from the company that acquired it and a limit on debt claims by shareholders.
Report: City should clear path for Airbnb
With short-term rentals already commonplace despite city code, a Planning Department report suggests adopting legislation to issue licenses and collect lodging taxes from bookings on sites like Airbnb.