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Central Virginia

Oct 18, 2021

Hanover industrial park sells for $4.7M

Hickory Hill Road Virginia LLC has purchased the 189-acre industrial site on Hickory Hill Road in Hanover County for $4.7 million, Porter Realty announced Monday. The Graymont Industrial Park was sold by Richmond-based Brooks Investment II Company LLC and Brookes Investment III Company LLC. Clifford B. Porter of Porter Realty Co. Inc. handled the marketing […]

If approved, the GreenCity project in western Henrico County would include a 17,000-seat arena and 2.2 million square feet of office space. Rendering courtesy GreenCity LLC
Oct 15, 2021

Henrico green-lights $2.3B GreenCity project

The Henrico County Board of Supervisors this week unanimously approved rezoning the 204-acre former Best Products headquarters campus into the $2.3 billion GreenCity project, a major mixed-used development that will feature a 17,000-seat arena. GreenCity, which was proposed in December 2020, is also expected to include two hotels with 600 rooms, about 2.2 million square […]

Oct 4, 2021

250 acres on Richmond-Chesterfield border for sale at $79M

The director of Chesterfield County’s economic development office says a “major midtown development” could result from the sale of nearly 250 acres of undeveloped property in the county and the city of Richmond. The two pieces of land are now on the market for $30 million and $49 million, according to S.L. Nusbaum Realty, which […]

Sep 26, 2021

Chesterfield hires director of real estate assessments

Chesterfield County has hired Melvin Bloomfield to be its director of real estate assessments. Bloomfield has been Richmond’s deputy director of real estate assessments for the past seven years. He begins his new role Oct. 4. “We are ecstatic to have Mel joining the Chesterfield family. He brings a wealth of expertise and experience that […]

Sep 23, 2021

Fahrenheit Advisors adds two managing directors

Richmond-based Fahrenheit Advisors has added two executives to its leadership team. Mark Vita will join the management consulting firm as managing director and will lead the firm’s business advisory and finance and accounting practices. John Atkinson will also be a managing director and lead the firm’s new sales transformation practice. Vita is taking the place […]

Sep 20, 2021

Louisa, Caroline mobile home parks sell for $3.7M

Six-0-Five Village Mobile Home Park in Louisa and The Hill Mobile Home Park in Bowling Green sold for $3.7 million. HOA LLC purchased the mobile home park at 1 Zarin Avenue off Route 522  and Route 33. and the 12-acre The Hill Mobile Home Park on S. Main Street from Six-0-Five Mobile Home Group LLC. […]

Sep 20, 2021

28 acres in Chesterfield sells for $4.233M

About 28 acres of land in Chesterfield County sold for $4.233 million on Sept. 16, Cushman & Wakefield | Thalhimer announced Thursday. The land is located at Hull Street Road and Route 288. Rebkee Partners and affiliates purchased the acreage from 360 Capital Partners. David M. Smith of Cushman & Wakefield | Thalhimer represented the […]

University of Virginia Rotunda and Lawn. Photo courtesy University of Virginia
Sep 17, 2021

U.Va. adds real estate minor in commerce school

The University of Virginia will start offering a real estate minor for the first time this spring. The 15-credit interdisciplinary minor, housed within the McIntire School of Commerce, will be taught by faculty across multiple areas, including the College of Arts & Sciences, the School of Architecture, the School of Engineering and Applied Science, and […]

Sep 9, 2021

Dominion Energy to sell downtown Richmond high rise

Dominion Energy is selling its 20-story high rise building in downtown Richmond’s Financial District as the company looks toward a future that includes a hybrid workforce. Mike Frederick, the company’s senior vice president-administrative services, told employees Thursday in a memo that Dominion’s Eighth and Main tower, at 705 E. Main St. will be sold. Real […]

Sep 9, 2021

UVA Health hires talent acquisition/retention senior director

UVA Health has hired Charles Bodden as its first senior director for talent acquisition and retention, the Charlottesville-based university health system announced Thursday. Bodden starts his new post on Sept. 27. His initial priorities will include establishing a formal strategy for diversity and inclusion recruitment. “UVA Health continues to compete for talent in a very […]

Sep 8, 2021

Truist donates $1M to U.Va. in memory of S. Buford Scott

Truist Wealth has made a $1 million gift to the Walter N. Ridley Scholarship Program and the University of Virginia Alumni Association in honor of the late Richmond business and philanthropic leader Sidney Buford Scott and the brokerage firm founded by his family, Scott & Stringfellow. The gift establishes a fully endowed Buford Scott Ridley […]

Aug 26, 2021

Trane distribution facility in Midlothian sells for $14.15M

Fairfax-based Peterson Cos., known for developing National Harbor in Maryland, closed Thursday on its $14.15 million purchase of an off-market distribution facility in Midlothian. The 83,025-square-foot facility, located at 14000 Justice Road, sits on a nine-acre parcel. It was constructed for Ingersoll Rand dba Trane Technologies Inc. and was completed in December 2018. It is […]

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