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 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
The former Martin’s retail space at Chesterfield Meadows shopping center has been sold for $2.87 million to a limited liability company.
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
Eric Robison, who leads Thalhimer’s capital markets team, has been promoted to president, effective June 1.
Virginia Natural Gas breaks ground on $50M Chesapeake HQ
Virginia Beach-based Virginia Natural Gas on Tuesday broke ground on a $50 million operations headquarters in Chesapeake.
MSI opens $61.6M Suffolk distribution center
MSI, a California-based flooring, countertops, and tile supplier, opened its $61.6 million East Coast distribution facility in Suffolk.
Avalon Townhomes in Hampton sell for $26.5M
Real estate investment and development companies Rock Creek Property Group and Two Rivers Realty Partners announced last week that they acquired a 182-unit townhome rental community in the Buckroe Beach area of Hampton for $26.5 million.
Richmond warehouse complex with Amazon fulfillment center sells for $97.5M
Stream Realty Partners acquires Richmond warehouse campus for $97.5M and 135-acre Chesterfield site, signaling growing interest in the region.
Savills announces new D.C.-region leaders
Amy Kaufman Brendler and Jon Glass have been appointed executive vice presidents and co-leads of commercial real estate brokerage Savills’ Washington, D.C., region, which includes the McLean office, the company announced Monday. Tom Fulcher, who was named mid-Atlantic region lead for Savills in 2021, will be stepping back from his regional leadership role, according to […]
Spotsylvania industrial portfolio sells for $38M
An entity sharing an address with the Pinkard Group, a Washington, D.C., regional real estate investment and development company, has purchased four light industrial and warehouse buildings in Spotsylvania County for $38 million, according to Cushman & Wakefield | Thalhimer. Located in Four Mile Fork Industrial Park, the county’s largest light industrial park, the Longwood […]
Chesterfield’s Atlantic Constructors Inc. acquired by Texas co.
One of the U.S.’s largest providers of mechanical services, Texas-based TriplePoint MEP, has acquired Chesterfield County-based Atlantic Constructors Inc. (ACI), according to a Monday announcement. ACI, which provides mechanical, electrical, plumbing and fire protection products and services, also has locations in Roanoke, Suffolk, Sterling, and Wilmington, North Carolina. A request for comm[...]