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Appraised value of James Center in downtown Richmond drops below amount of its CMBS debt
Trepp reports that the value is $136 million with $150 million still owed.
NV Retail breaks ground on West Broad Marketplace in Henrico County
Large multi-use project on West Broad Street expected to open in 2016.
Chicago real estate company buys Midlands Townhomes units in Williamsburg
Growth Equity will sell them to investors interested in owning rental property.
Transactional volume is up by 34 percent for Thalhimer in 2014
Commercial real estate firm reports that volume exceeds $2 billion.
Sentara medial office building in Williamsburg sells for $15.4 million
Armada Hoffler Properties constructed the 49,200-square-foot building in 2008.
Columbia Property Trust buys five-story building in Reston
It was part of a $436 million deal including a 341,330-square-foot structure in Manhattan.
JCPenney to close two Virginia stores
Stores in Manassas and Williamsburg are among 40 to be shuttered by April.
Richmond-based H&G Landscape Architects merges with North Carolina firm
Deal creates first Virginia office for Raleigh-based Stewart.
Bank of the James buys Harrisonburg branch bank building for $830,000
The 3,090-square-foot structure had been owned by Union First Market Bank.
CBRE|Hampton Roads named leasing agent for 17-story office tower
The 292,208-square-foot building is located in downtown Norfolk.
Employment rises for U.S. construction workers
Nonresidential contractors hired 158,200 employees in 2014, according to the Arlington-based Associated General Contractors of America.
Newmark Grubb Knight Frank expands space at Tysons Dulles Plaza
Real estate firm leases 13,369-square-foot office in McLean.
