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commercial real estate

AvalonBay President and CEO Benjamin Schall. Photo courtesy AvalonBay
May 21, 2026

AvalonBay, Equity Residential announce $69B merger, creating real estate behemoth

AvalonBay and Equity Residential announce a merger with an enterprise value of $68B, creating a major apartment REIT.

Neil Amin speaks at a groundbreaking celebration Monday. Photo courtesy Shamin Hotels
May 20, 2026

Shamin Hotels breaks ground on $100M+ hotel in Richmond

Shamin Hotels celebrated breaking ground Monday on a $100M+, dual-brand Marriott hotel in Richmond's Scott's Addition.

BARBARA M. WOLCOTT
May 18, 2026

Hampton Roads real estate exec Barbara Wolcott retires

After more than five decades in the real estate industry, longtime Hampton Roads brokerage executive Barbara M. Wolcott has retired.

Davenport & Co.'s future headquarters at Kinsale Center. Photo by Chris Cunningham
May 8, 2026

Davenport & Co. moving HQ to Henrico’s Kinsale Center

Davenport & Co. plans to relocate its headquarters from One James Center in downtown Richmond to Henrico County.

BRINKMAN
Apr 28, 2026

2026 Forty Under 40: LEE BRINKMAN

VICE PRESIDENT OF BROKERAGE JLL | TYSONS

1600 Rhoadmiller St. in Richmond, taken April 2026. Photo by Katherine Schulte/Virginia Business
Apr 24, 2026

Richmond site for planned multifamily building sells for $6.36M

A developer bought a roughly 2-acre site near the Diamond District in Richmond for $6.36 million in mid-April, with plans for redevelopment.

Newport News Mayor Phillip Jones delivers his State of the City address at Christopher Newport University. Photo by Josh Janney
Apr 14, 2026

$450M Navy housing project in Newport News slated to begin this summer

Newport News Mayor Phillip Jones announced Monday that a $450 million downtown development is expected to begin construction this summer.

Divaris Real Estate announced that it has appointed James O’Neill to be managing principal broker of its Washington, D.C. regional office. Photo courtesy Divaris Real Estate
Apr 10, 2026

Divaris appoints managing principal broker of D.C. regional office

Divaris Real Estate announced that it has appointed James O’Neill to be managing principal broker of its Washington, D.C., regional office.

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Mar 31, 2026

Virginia 500 Spotlight April 2026 | KIM ROY 

Kim Roy shares personal insights and highlights Hitt Contracting's new 270,000-square-foot Virginia headquarters opening in early 2027 near West Falls Church Metro.

Robert Corey Clayborne. Photo courtesy CIRT
Mar 23, 2026

AIA exec named Construction Industry Round Table president

Robert Corey Clayborne will become president of the McLean-based Construction Industry Round Table (CIRT) April 1.

A Capital One sign in front of a glass-paneled building
Mar 19, 2026

Capital One buys $125M property in Tysons

A Capital One-linked entity acquired $125M in Tysons properties across from its headquarters, which is in the Scotts Run area.

Private: Kira HTML
Mar 16, 2026

Virginia Business announces Top Projects/Real Estate Deals awards

In July, Virginia Business will introduce its inaugural Virginia Top Projects & Real Estate Deals recognition program, honoring the innovative buildings, facilities and transactions reshaping Virginia’s landscape. (Applications are due April 17 and can be submitted at virginiabusiness.com/event/top-projects/.) Top Projects will spotlight the best building and construction projects delive[...]

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