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Commercial Real Estate News

RSS Richmond Commercial Real Estate News From CoStar Group

  • Bentall Kennedy Sells 17-Bldg PHT Medical Office Portfolio February 20, 2018
    Princeton Medical Arts Pavillion in Plainsboro, NJ, one of 17 medical office buildings that were acquired by Heitman. Bentall Kennedy, a Sun Life Investment Management company that has about $37 billion of assets under management, sold its Partners Health Trust (PHT) medical office portfolio to Heitman, a global real estate investment management firm headquartered in […]
  • Urban Generation Living Acquires 34-Unit One Monument Ave. Apt. Complex February 16, 2018
    Urban Generation Living, a development company based in New York, acquired the 34-unit One Monument Ave. apartment complex in Richmond from a private investor for $11.35 million, or approximately $334,000 per unit. The complex consists of a six-story apartment tower, a three-story office building and a four-story parking deck. One Monument Ave. made its debut […]
  • Devon Reveals Plans to Develop 321,000-SF Warehouse at James River Logistics Center February 14, 2018
    Devon USA, a Richmond-based real estate investor and developer, has revealed plans to build another warehouse facility in the James River Logistics Center in Chesterfield County, VA. Plans for the new building will have 32-foot clear ceiling heights, 50’x60’ column spacing, eight drive-in bays and 96 loading docks. The proposed building, which can be expanded […]