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Gumenick project lures firm from downtown, Innsbrook

Gumenick project lures firm from downtown, Innsbrook

Katie Demeria April 24, 2015 0

The developer's Libbie Mill development in Henrico has landed another large lease from a local insurance company and will soon break ground on a second office and retail building.

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Henrico’s Libbie Mill named top project

Henrico’s Libbie Mill named top project

Katie Demeria April 22, 2015 0

The annual Commercial Real Estate Awards on Tuesday celebrated Richmond's top development projects and property deals, and the $434 million development at Libbie Mill took home the top honors.

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Court OKs $37M sale of Jefferson portfolio

Court OKs $37M sale of Jefferson portfolio

Katie Demeria April 21, 2015 1

After months of back and forth in court, the sale of Billy Jefferson's 440-apartment portfolio has finally been approved. And the buyer, making its entrance in the Richmond market, has sweeping renovation plans for

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Winding Brook set for more development

Winding Brook set for more development

Katie Demeria April 16, 2015 1

An Atlanta developer is jumping in on the action at the Bass Pro Shops-anchored Ashland shopping center, with plans for a 22-acre retail project

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Bankrupt church’s pastor accused of abusing estate funds

Bankrupt church’s pastor accused of abusing estate funds

Michael Schwartz April 15, 2015 0

A pair of BMWs, a house in Ohio and offshore accounts make up a trustee's lawsuit against the pastor of the bankrupt Richmond Christian Center and his two sons. And the church is facing

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Chinese paper firm seals first land deal

Chinese paper firm seals first land deal

Katie Demeria April 14, 2015 3

The Chinese company that plans to pump $2 billion into a factory complex has closed on its first chunk of Chesterfield County land.

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Lumber Liquidators adds floor space

Lumber Liquidators adds floor space

Jonathan Spiers April 10, 2015 0

Despite recent scrutiny over the safety of its product, the flooring giant has expanded its Richmond office space by nearly 7,000 square feet.

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Jefferson portfolios seek settlement with bank

Jefferson portfolios seek settlement with bank

Katie Demeria April 9, 2015 0

With the deadline for bids approaching, the real estate entities of convicted developer Billy Jefferson are moving to keep their lender from interfering with the chance at an outside sale.

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Innsbrook hotel sold for $9 million

Innsbrook hotel sold for $9 million

Katie Demeria April 7, 2015 0

A Glen Allen Hyatt was swept up in a $1.8 billion portfolio sale and is now under ownership of a New York-based REIT.

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Downtown $30M bank project takes shape

Downtown $30M bank project takes shape

Katie Demeria April 6, 2015 1

The conversion of a former bank building into nearly 200 apartments is moving along on schedule, and the developer has added plans for an additional commercial space and a rooftop pool.

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