Richmond
Mixed-Use Plan Has a British Accent
A local developer plans to build an English village-style development just outside Richmond. The massive project could bring more than 500 residential units and a grocery-anchored shopping center in Mechanicsville.
Long-Delayed Retail Project Advances in Glen Allen
A site in Glen Alen once slated for a supermarket is finally getting a grocery store. The 15-acre parcel was recently purchased by a developer looking to transform it into the new home of an almost 90,000-square-foot high-end retail shopping center.
Large Hampton Roads Office Portfolio Changes Hands
Lingerfelt CommonWealth Partners continues its expansion in the United States. After picking up a three-state, five-hotel portfolio earlier this year, the Richmond-based company has now moved to the office market and has acquired a massive office portfolio in the Hampton Roads region.
Popular Retailers Coming to Suffolk
Four national retailers and a one of the fastest-growing fast-food restaurant chains in the country are coming to Suffolk. They will all open new locations in the newly-developed Hampton Roads Crossing shopping center.
Huntington Ingalls Starts Work On Major Newport News Expansion
Joint Manufacturing Assembly Facility, Huntington Ingalls Industries, Newport NewsOn Monday, June 22, Huntington Ingalls Industries, the nation’s largest military shipbuilding company, celebrated the groundbreaking for its Joint Manufacturing Assembly Facility (JMAF) in Newport News. This new facility will support the construction of nuclear aricraft carriers and submarines.
Westover Hills M-F Asset Gets New Owners & Name
A joint venture between two companies from New York and Washington, D.C. has recently expanded its portfolio of properties with the acquisition of a large apartment community located in Richmond’s Westover Hills submarket.
Out-Of-Town Buyers Snap Up M-F Assets
More Richmond-area apartments have changed hands in the past few weeks. The Coliseum Lofts and the Huguenot Apartments have both been sold to out-of-town investors.
Breeden Extends M-F Pipeline to Portsmouth
Harbor Vista at Crawford StreetThe Hampton Roads area is getting another apartment community. On Thursday, June 11, the Breeden Company closed the acquisition of 2.5 acres of land at 800 Crawford Street, in the city of Portsmouth. The real estate services company will now use the site to build a new multifamily development.
Spring Center Joins Parade of Richmond Retail Trades
Richmond-area retail properties are selling like hot cakes. The latest property to change hand in the region is the Spring Center, located at 7124 Mechanicsville Turnpike, in Hanover County.
Hyatt Tower Project Advances in Virginia Beach
The Hampton Roads area is getting two new hotels. Together, the two properties will bring 300 rooms to the Virginia Beach oceanfront.