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commercial real estate

MacArthur Center mall was built in 1999. The city announced it will be demolished this year to make way for a redevelopment. Photo courtesy Norfolk Convention & Visitors Bureau Offices
Feb 6, 2026

Norfolk’s MacArthur Center to be demolished this year

The city of Norfolk announced Friday that it will close and demolish the MacArthur Center mall as part of a redevelopment plan for the site.

Tighter regulations, local opposition and less available land have prompted data center developers to seek sites beyond Loudoun’s Data Center Alley. Photo by Will Schermerhorn
Feb 2, 2026

Beyond Loudoun: Why data centers are seeking new markets

Tighter zoning and power limits in Northern Virginia are pushing data center developers to other regions across the state.

Clarke County Industrial Development Authority Chair William Waite, Clarke County Director of Economic Development & Tourism Michelle Ridings and Clarke County Board of Supervisors Chair David Weiss stand at the site of a proposed business park. Photo by Norm Shafer
Feb 1, 2026

Clarke to repurpose ex-prison site into business park

Clarke County’s long-planned second business park has taken a significant step toward becoming reality. In November 2025, the county’s board of supervisors unanimously voted to rezone 40 acres at 219 Ray of Hope Lane, off U.S. 340/522 near White Post, from agricultural to light industrial use. The property, part of the former White Post Correctional […]

Firms compete for plan to reimagine Fort Monroe
Jan 28, 2026

New York firm selected to create Fort Monroe master plan

Hargreaves Jones has won a $1.8 million contract to develop a plan to shape the future of 565-acre Fort Monroe.

7201 Wimsatt Road in Springfield. Photo courtesy Boosalis Properties
Jan 23, 2026

B2B distributor signs 96K SF lease in Springfield

A national apparel and promotional textiles distributor leased 95,598 square feet at the Robinson Terminal complex in Springfield.

Rendering of multi-use project which would include 450 apartments and commercial space. Image courtesy Fairfax County
Jan 9, 2026

Developer plans 450 apartments, retail in Fairfax

Falls Church-based Eakin Properties, a family-run real estate development and investment firm, is moving forward with plans to develop 450 apartments and 30,000 square feet of retail space in Fairfax County's Seven Corners area.

Marshall French, new president of Sauer Properties.
Jan 9, 2026

Sauer Properties taps new president

Richmond-based private real estate company Sauer Properties announced Tuesday that it has promoted Marshall French to president.

L to R: Chip Dustin and Keishee Hill. Photo courtesy Cushman & Wakefield| Thalhimer
Jan 5, 2026

Cushman & Wakefield | Thalhimer announces CFO succession

Cushman & Wakefield | Thalhimer CFO Chip Dustin will retire in the first quarter of 2026 and be succeeded by Keishee Hill, the firm announced.

Tysons is one of Fairfax County’s marquee regions for office buildings and mixed-use developments. Photo by Adobe Stock
Dec 31, 2025

Fairfax’s commercial real estate market perks up

As vacancy remains elevated and older buildings struggle, companies like Iridium, Booz Allen and Workday are relocating to newer, amenity-rich offices in Tysons and Reston.

The Chesterfield Towne Center, the largest enclosed mall in the Richmond area, was sold on Friday to JRE Partners and Anastacia AG. Photo by Kira Jenkins
Dec 12, 2025

Chesterfield Towne Center sells to New York, Swiss companies

Chesterfield Towne Center, the largest enclosed mall in the Richmond area, was sold on Dec. 12 to JRE Partners and Anastacia AG for an undisclosed amount.

Fairstead is investing $34.8 million to acquire and renovate Landmark Apartments, a 120-unit affordable housing complex in Chesapeake. Photo Courtesy Fairstead
Dec 5, 2025

New York company buys Chesapeake apartments for $34.8M

Fairstead is investing $34.8 million to acquire and renovate Landmark Apartments, a 120-unit affordable housing complex in Chesapeake.

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Dec 3, 2025

CBRE taps new leader for Richmond, Norfolk

Global real estate services and investment firm CBRE has promoted Sarah Cooley to managing director and market leader for southern Virginia.

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