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commercial real estate

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Aug 6, 2025

Virginia Beach solicits development proposals near convention center

The Virginia Beach government is seeking proposals from developers for a commercial or residential project near the city’s convention center.

Virginia firm to build $200M White House ballroom co-funded by Trump
Jul 31, 2025

Virginia firm to build $200M White House ballroom co-funded by Trump

The White House announced Thursday that it would add a $200 million, 90,000-square-foot ballroom to the people's mansion — with McLean's Clark Construction leading the building team.

Virginia logistics space squeezed by data center boom
Jul 29, 2025

Virginia logistics space squeezed by data center boom

After the COVID-19 pandemic struck, Virginia experienced a surge in demand for warehousing and distribution space driven by consumers shifting to the convenience of online shopping. In 2022, at the height of this boom, developers responded by rapidly adding new supply, with Richmond and Hampton Roads seeing dramatic increases in development of industrial spaces like […]

A rendering of The Canopy development underway in Virginia Beach. Image courtesy The Franklin Group.
Jul 8, 2025

Virginia Beach developer building $80M mixed-use development

Construction is underway on an $80 million Virginia Beach project to transform a former elementary school site into a mixed-use development.

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Jul 1, 2025

CIA pays Peterson Cos. $246M for Virginia office building

The CIA recently purchased a massive 10-story office building in Chantilly for $246 million, according to Fairfax County tax records.

Post GreenCity, Henrico tries again
Jun 29, 2025

Post GreenCity, Henrico tries again

Henrico revives arena plans after GreenCity collapse, targeting a 17,000-seat venue by 2028 amid lawsuits.

JBG Smith acquires Tysons Dulles Plaza for $42.3M
Jun 23, 2025

JBG Smith acquires Tysons Dulles Plaza for $42.3M

JBG Smith announced last week that it has acquired Tysons Dulles Plaza — a 15-acre office campus in Tysons that houses three-buildings.

The Power 50
Jun 20, 2025

Atlantic Union to expand Henrico office, add 50 jobs

Atlantic Union Bank is investing $5.1 million to upgrade its corporate offices in Henrico County to accommodate growth, the bank announced this week.

PACE Equity expanded its team with the appointment of Steve Farbstein as originations leader of Richmond. Photo courtesy PACE Equity
Jun 20, 2025

PACE Equity announces Richmond leader

Wisconsin-based PACE Equity expanded its team this month with the addition of Steve Farbstein as Richmond’s originations leader.

Former Martin’s store in Chesterfield sells for $2.87M
Jun 10, 2025

Former Martin’s store in Chesterfield sells for $2.87M

The former Martin’s retail space at Chesterfield Meadows shopping center has been sold for $2.87 million to a limited liability company.

A rendering from a Macerich investor presentation shows the redevelopment of Tysons Corner Center and the potential removal or relocation of American Girl.
Jun 3, 2025

Tysons Corner Center unveils plans for $100M redevelopment

Major changes are on the horizon for Tysons Corner Center — the largest shopping mall in the Washington, D.C., area.

Cushman & Wakefield | Thalhimer announces new president
May 30, 2025

Cushman & Wakefield | Thalhimer announces new president

Eric Robison, who leads Thalhimer’s capital markets team, has been promoted to president, effective June 1.

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