Richmond office tower sells for $77M

NYC firm buys home to Troutman Pepper law firm's Richmond office

Rich Griset //April 10, 2021//

NYC firm buys home to Troutman Pepper law firm's Richmond office

Rich Griset// April 10, 2021//

Listen to this article

Richmond’s 15-story Riverside on the James office tower has sold for $77 million, McLean-based American Real Estate Partners LLC (AREP) announced on April 6.

Located at 1001 Haxall Point, the 263,752-square-foot building was acquired from AREP by New York-based Opal Holdings and is 95.3% leased. The building’s main tenant is the Richmond office of Atlanta-based law firm Troutman Pepper Hamilton Sanders LLP.

JLL Capital Markets’ Chris Lingerfelt, Ryan Clutter and Stephen Conley represented the seller.

Subscribe to Virginia Business.

Get our daily e-newsletter.

c

Related Content

Youngkin announces plan to grow workforce housing

At the Governor’s Housing Conference in Virginia Beach Thursday, Gov. Glenn Youngkin unveiled the Workforce[...]

November 14, 2024

Hard Rock executives and partners participate in the company's "guitar smash" during the grand opening of the permanent Hard Rock Hotel & Casino Bristol on Nov. 14. Photo courtesy Hard Rock

Permanent Hard Rock Bristol casino opens

The bright lights of Bristol shine considerably brighter now following the opening of Virginia’s second ful[...]

November 14, 2024

Work begins on phase 2 of McLean affordable housing development

Construction has started on the second phase of the two-phase Somos at McLean Metro, an affordable housing de[...]

November 6, 2024

An aerial rendering of the Diamond District redevelopment. Image courtesy Thalhimer Realty Partners

Thalhimer now sole principal for Diamond District redevelopment

Loop Capital is no longer affiliated with the development partnership working on the mixed-use development co[...]

November 1, 2024

CoStar Group will move its corporate headquarters into the office tower at 1201 Wilson Blvd. in early 2025. Photo courtesy CoStar Group.

CoStar makes deal to move into Arlington HQ in early 2025

CoStar Group is accelerating its headquarters move from Washington, D.C., to Arlington County, thanks to a de[...]

November 1, 2024

Opening doors

The Hard Rock entertainment, gaming, and hospitality brand is solidifying its place in Bristol on Nov. 14 wit[...]

October 31, 2024

Regions

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Select Region or Brand

Upcoming Event