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R1 International buys Richmond warehouse for $1.5 million
The 83,000-square-foot property will be used to store rubber.
British firm completes $270 million joint-venture acquisition of McLean building
Tegna is the former owner of the 800,000-square-foot structure at 7950 Jones Branch Drive.
Gas company subsidiary to buy stake in pipeline owner
Deal expected to expand supply and customer base for RGC Resources.
Park Sterling to acquire First Capital in $82.5 million deal
Acquisition will make the Richmond the second-largest market for Charlotte-based bank.
Rosy forecast for commercial real estate through 2017
Urban Land Institute’s new three-year forecast predicts favorable conditions.
Engel & Völkers opens first office in Richmond
Germany-based brand continues to extend reach in Virginia.
Deep Creek Crossing apartments in Chesapeake sell for $5.1 million
SNL Housing LLC buys the 102-unit community.
Walmart Neighborhood Market coming to Waynesboro
Retail giant’s smaller-format store is planned for five-acre site on West Broad Street.
A star patient
Medical facilities help drive growth in state’s major commercial real estate markets.
Icelandic company ships U.S. goods overseas
Eimskip, an Icelandic shipping company, is celebrating its 30th year in Virginia as well as its 100th anniversary of sailing to the U.S.
Shentel to pay $640 million to acquire Ntelos
Edinburg-based Shenandoah Telecommunications Co. (Shentel) has agreed to acquire Waynesboro-based Ntelos Holdings Corp. in an all-cash transaction valued at approximately $640 million.
Martinsville plant helps employees earn GEDs
Monogram Snacks Martinsville is participating in the Business IQ program to help the company workers without high-school diplomas work toward earning high-school equivalency certificates.
