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commercial real estate

Virginia Baptist Hospital. Photo courtesy Centra Health
Jun 30, 2026

Centra reveals possibilities for Virginia Baptist Hospital redevelopment

Centra Health shared two potential plans to redevelop Virginia Baptist Hospital in Lynchburg into a mixed-use community.

Map of Patriot Centre I and II. Photo courtesy Henry County
May 29, 2026

Appalachian Power buys Henry County’s Patriot Centre II

Appalachian Power purchased 1,202 acres at Henry County’s Patriot Centre II for future development options.

CarMax Park opening day
May 29, 2026

Flying Squirrels owner sues Thalhimer exec for defamation

Richmond Flying Squirrels owner Lou DiBella is suing Thalhimer Realty Partners Principal Jason Guillot and the firm for defamation.

CoStar_DowntownRichmond
May 29, 2026

CoStar facing multiple antitrust accusations in lawsuits 

CoStar Group faces three federal antitrust lawsuits alleging monopolistic practices in commercial real estate data across Virginia, California, and D.C.

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.

Wolcott_Barbara
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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