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Real Estate

Dec 12, 2019

Breeden Construction tapped to build apartment complexes

Virginia Beach-based Breeden Construction LLC has been named general contractor for apartment complexes in Richmond, Hampton Roads and Northern Virginia valued at a total of approximately $105 million, Breeden announced this week. Construction began in fall 2019 on the Hampton Roads and Richmond properties and the Northern Virginia property will begin in early 2020. The […]

Dec 4, 2019

Richmond construction firm to build Blacksburg townhomes

Richmond-based Eagle Construction of Virginia is partnering with Midtown Redevelopment Partners in Blacksburg to build single-family townhomes at the site of what was formerly Blacksburg Middle School, Eagle announced Wednesday. The mixed-use community will be built on 30 acres adjacent to Blacksburg’s downtown area, but an overall cost for the project has not been released. […]

Dec 4, 2019

Richmond’s Market Villas apartments sells for $3.9M

Richmond real estate developer Lynx Ventures sold Market Villas, a 31-unit adaptive reuse apartment property, to real estate asset management firm CJehn Partners LLC for more than $3.9 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Wednesday. The property located in downtown Richmond’s historic Shockoe Bottom neighborhood includes first-floor retail space in close […][...]

25-story tower planned for Tysons
Dec 3, 2019

25-story tower planned for Tysons

Construction is beginning on a 25-story speculative office tower in Tysons. The 383,628-square-foot building, to be called Tysons Central, is being developed by the Potomac, Maryland, real estate investment firm Foulger-Pratt and San Antonio-based USAA Real Estate. Completion of the $200 million building is expected in 2021. It [...]

Dec 2, 2019

Chester shopping center sells for $18.6M

Bermuda Square shopping center in Chester has been sold for $18.6 million, according to Cushman & Wakefield | Thalhimer’s Capital Markets Group. Brentwood, Tennessee-based GBT Realty Corp. acquired the 84,064-square-foot property, its first investment in the Richmond market, on Nov. 26 from Giant Food Stores, the parent company of Martin’s grocery stores, according to Catharine […][...]

Dec 2, 2019

Henrico Jiffy Lube property sells for $2.2M

A private investor purchased a 4,210-square-foot property in Henrico County occupied by a Jiffy Lube for $2.2 million in late November, according Cushman & Wakefield | Thalhimer. The automotive maintenance and servicing shop will continue to operate on the property at 5710 W. Broad St. James Ashby IV of Cushman & Wakefield | Thalhimer handled […]

Virginia Beach building sells for $1.84M
Nov 22, 2019

Virginia Beach building sells for $1.84M

Tenants include Conte’s Bike Shops and Hospital Warehouse.

New leadership at Harvey Lindsay Commercial Real Estate
Nov 22, 2019

New leadership at Harvey Lindsay Commercial Real Estate

Brother of current president is tapped as next president.

Charlottesville retail space sells for $3.15 million
Nov 22, 2019

Charlottesville retail space sells for $3.15 million

Previous tenant was a Verizon Wireless store.

Nov 21, 2019

Survey shows lower confidence among construction industry leaders

But short-term outlook remains positive in September CCI report.

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Nov 20, 2019

Woodbridge senior community set to open August 2020

Rent starts at $2,995/month at 124-unit property.

Nov 19, 2019

Virginia Beach company to invest $12.2 million in new facility

InMotion Hosting Inc. will purchase a 61,000-square-foot building, create 50 jobs.

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