Richmond

Dominion Plans 21 GW of Renewable Energy by 2035

The utility’s latest IRP includes 16GW of solar, 5.1 GW of offshore wind and 2.7GW of energy storage over the next 15 years.

Divaris to Lease, Manage 1.3 MSF Virginia Portfolio

The 22-property portfolio, spread across three cities, has an average occupancy of 91 percent.

Virginia Office Building Changes Ownership

Cushman & Wakefield | Thalhimer’s Capital Markets Group facilitated the $8.5 million sale.

Novel Coworking Opens New Virginia Location

The flexible space provider’s new Norfolk facility spreads across four stories in the city’s downtown.

Axonic Capital, Edgehill Partners Acquire Virginia Office Portfolio

Over the past three years, the former owner spent $6 million on capital improvements at the 14-building property.

Richmond Retail Asset Sells for $22M

The 136,000-square-foot shopping center last traded some 20 years ago for more than $19 million.

Broad Street, MedAmerica Close Merger’s First Phase

The newly formed company launches with a portfolio of nine grocery-anchored shopping centers totaling approximately 865,600 square feet in the Mid-Atlantic region.

Richmond Retail Asset Trades for $19M

Giant Food Stores has sold an 84,064-square-foot shopping center two years after purchasing the asset from DDR Corp.

Ashley Capital Buys 800 KSF Distribution Facility in VA

The new owner plans to begin work on a complete renovation at the industrial property, including rebranding it as Virginia Gateway Logistics Center.

Dominion Energy Begins Work on Offshore Wind Project

The first phase of construction takes place onshore and consists of the installation of a half-mile conduit that will hold the final stretch of cables connecting two 6 MW turbines.