Richmond office tower sells for $77M
NYC firm buys home to Troutman Pepper law firm's Richmond office
Published
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.
Related Stories
Richmond property sells for $2.75M
Lot in Libby Hill will be developed into apartments.
Developer expects to break ground soon on luxury apartments in Richmond
Project would bring 53 apartments to downtown vacant lot
Henrico office building sells for $1.1M
Building was vacant at time of sale
