Investment - Richmond
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Rosenthal, PGIM Buy Richmond-Area Retail Portfolio for $125M
The companies have formed a joint venture to acquire the 745,000-square-foot collection of five grocery-anchored shopping centers from Marchetti Properties.
14 March 2019 12:37 -
Guardian Realty Investors Sells VA Office Campus
Twin Oaks, a two-building property totaling 170,000 square feet of Class A space in Norfolk, changed hands in a $24.9 million deal.
08 March 2019 12:44 -
ElmTree Funds Buys Pepsi Bottling Facility
With the help of HFF, Armada Hoffler Properties sold the newly built distribution center in Richmond, Va., totaling more than 220,000 square feet.
18 January 2019 12:13 -
Dominion’s RfP Seeks 500MW of Wind, Solar Power
The company has pledged to have 3,000 megawatts under development or in operation by early 2022 under Virginia’s new Grid Transformation & Security Act.
31 October 2018 10:58 -
Richmond Office Building Trades in Sale-Leaseback Deal
Southern States Cooperative received $14.7 million for the six-story asset. The buyer selected Cushman & Wakefield | Thalhimer to handle property management and leasing services.
14 September 2018 10:48 -
Bridge Sells VA Office Campus for $62M
The real estate investment management firm sold SunTrust Center One and Two, a 419,700-square-foot office complex in Richmond, to FD Stonewater just one year after purchasing the asset.
31 May 2018 14:31 -
JV Buys Warehouse, Plans Office Revamp in Richmond
The 35,985-square-foot industrial asset is located in the Scott’s Addition neighborhood. The new ownership intends to reposition the asset as a creative office property, with extensive remodeling work planned for the next six months.
24 May 2018 13:01 -
Richmond All-Suite Hotel Sells for $9M
Stay Over Suites in Hopewell, Va. is located within a 30-minute drive south of downtown Richmond and comprises 108 suites in two separate buildings.
13 February 2018 11:49 -
Divaris Arranges Sale of Outparcel in Waynesboro, VA
The company represented the seller in the disposition of 1.4 acres at Waynesboro Town Center. Seven Development acquired the site, with plans to develop two additional retail properties totaling 9,620 square feet.
15 January 2018 17:34 -
Richmond Marriott Short Pump Sells for $39M
Commonwealth Lodging Management will continue to operate the 243-key hotel.
07 March 2017 13:10 -
Bank of America Richmond Operation Center Sells for $38M
The five-building campus features corporate offices, open work areas and a standalone enterprise data center.
31 January 2017 16:37 -
Navy Federal Credit Union to Invest $100M in Virginia
The expansion is expected to bring 1,400 new jobs to the state.
17 January 2017 10:58 -
Armada Hoffler Goes Shopping in NC and Virginia
The acquisition of Renaissance Square and Columbus Village II adds more than 170,000 square feet of retail to the company’s portfolio.
09 December 2016 11:12 -
Apple Hospitality Merger Highlights Investor Interest in Select-Service Properties
Why is this sector the darling of hospitality investment groups?
06 September 2016 09:30 -
Aldi Sets Up HQ, Distribution Center in Virginia
The grocery chain will bring 145 permanent jobs to Dinwiddie County.
18 August 2016 07:47