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Wrecking ball checks in at roadside motel

Wrecking ball checks in at roadside motel

Burl Rolett August 20, 2014 0

Demolition is in full swing near the Henrico-Richmond line as an old motel building makes way for a Walmart Neighborhood Market

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Elephant finds new stomping ground

Elephant finds new stomping ground

Burl Rolett August 19, 2014 0

A locally-based insurance company is moving its headquarters to Deep Run through a sublease deal to become the latest tenant in the former Circuit City complex.

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New projects open crowded industrial market

New projects open crowded industrial market

Burl Rolett August 18, 2014 0

With a limited market for industrial real estate in Richmond, a developer has a $4 million plan to build more space in Hanover County

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Solar subdivision rises in the East End

Solar subdivision rises in the East End

Brandy Brubaker August 18, 2014 5

A residential developer is building a new neighborhood near Rocketts Landing with an amenity few can boast: every house in the subdivision will be powered by the sun

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Health group injects $20M into medical complex

Health group injects $20M into medical complex

Brandy Brubaker August 13, 2014 0

An expanding local medical group that’s hungry for its own real estate is fueling the latest high-dollar healthcare development in Mechanicsville

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Buyers spend big on local pharmacies

Buyers spend big on local pharmacies

Burl Rolett August 12, 2014 0

Two Walgreens drug stores sold in July for a combined $15 million, evidence of the high demand and price tag for real estate with a dependable single tenant

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Owner plans to revamp foreclosed apartments

Owner plans to revamp foreclosed apartments

Burl Rolett August 12, 2014 0

A Maryland real estate company focused on turn-around projects bought an 11-acre Northside complex for $4.6 million with plans to get occupancy on par with other nearby apartments.

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Demand meets supply in Scott’s Addition

Demand meets supply in Scott’s Addition

Burl Rolett August 12, 2014 1

The first leg of a new Scott's Addition apartment project is already fully leased before finishing construction, a promising sign for the developers that have invested millions in revamping the industrial neighborhood.

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Buyers hone in on $21 million retail deals

Buyers hone in on $21 million retail deals

Burl Rolett August 10, 2014 0

A Virginia Beach REIT has a Colonial Heights shopping center under contract for $19M, and a Maryland real estate firm recently closed a deal for a retail strip in the city.

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West Broad office building set for auction

West Broad office building set for auction

Burl Rolett August 7, 2014 0

With a new hotel in the works just three doors down, a piece of Broad Street real estate is headed into foreclosure next week

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