Brandywine Realty Trust bought two buildings in Henrico County from Eola Capital for $12.5 million. Plus a Northern Virginia real estate firm bought the office and retail space at Riverside on the James — the home to Troutman Sanders and Harris Williams. BWI Distribution, meanwhile, leased 16,000 square feet at the Interport Business Center.
Riverside on the James
Richmond’s piece of the coming commercial real estate shakedown
Riverside on the James, Richmond’s FBI Headquarters on Parham, a former Circuit City headquarters building. All three are among the local properties that have large commercial mortgages coming due in the next two years. Between now and the end of 2010, there are 27 CMBS loans coming due in the Richmond metropolitan area with $178.2… Read more »
Reader Mail Bag: An irate downtown condo owner
When it rains, it pours. We got more emails on Wednesday than any other day in our brief history. A quick overview: On Wednesday ran a story that said around half of the balconies in the two downtown condo towers – Vistas on the James and Riverside on the James – have no patio furniture…. Read more »
Riverfront condos slow to catch on
The two riverfront condo towers are around 50% occupied, according to a BizSense count. Note: After we published this story, Jack Berry, Executive Director for Venture Richmond, got in touch with us to give us some hard numbers. There are no unsold units at Riverside, and 10 unsold units at Vistas. We would like to… Read more »