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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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VCU strikes a deal with Walmart

VCU strikes a deal with Walmart

Burl Rolett August 6, 2014 0

A new concept from Walmart focused on putting small stores on college campuses has arrived in Virginia with an agreement between the retail chain and Virginia Commonwealth University.

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Developer buys more land around Magnolia Green

Developer buys more land around Magnolia Green

Burl Rolett August 6, 2014 0

The man who once went head-to-head with Donald Trump for the Kluge winery has added 200 acres to his land holdings in Chesterfield County.

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Work space startup looks to multiply

Work space startup looks to multiply

Burl Rolett August 5, 2014 1

A company that rents out space in a mixed-business shared office is searching Richmond for a second location. It has narrowed down its focus to the Fan, Scott's Addition and Short Pump.

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Downtown high-rise hits the market

Downtown high-rise hits the market

Burl Rolett August 5, 2014 0

The owners of one of downtown's first apartment towers has decided to sell the 12-story Main Street building with an asking price of more than $8 million

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