Roanoke apartments sell for $14.6M
Building includes 82 units
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Gramercy Row Apartment Residences has a new owner. Tazewell Development LLC sold the 82-unit apartment community with ground floor commercial space in downtown Roanoke to a private investor group for
Industrial property in Richmond sells for $3.7M
Property is 100% leased
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Warwick Trade Center, a 38,056-square-foot flex industrial property in south Richmond, has been sold for $3.7 million, according to Cushman & Wakefield | Thalhimer. CIG 6290 RFO LLC, an affiliate
Danville Quality Inn sells for nearly $5M
Hotel has 58 rooms
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A Quality Inn hotel in Danville with 58 rooms has changed hands. Anil Patel purchased the hotel located at 2175 Riverside Drive in Danville from Riverside Motel Corp. for $4.275
Roanoke Days Inn sells for $3M
New owner has renovations planned
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A Roanoke Days Inn has a new owner. Saul Urban LLC purchased the 165-room hotel, located at 601 Orange Ave., from Shri Sainath Enterprises LLC for $3 million, according to
D.C. sues bitcoin whale Michael Saylor for tax fraud
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MicroStrategy Inc. founder Michael Saylor was sued in August by the city of Washington, D.C., which alleges that he defrauded the nation’s capital of more than $25 million in income
A welcome respite
Residential market cools after frenzied spring
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While the spring was red-hot for the residential real estate market, conditions are expected to cool off in the fall. “The market is definitely stabilizing,” says Liz Moore, board president
Dollar Tree names new C-suite execs after shakeup in June
Fortune 500 discount retailer names COO, CDO
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After a C-suite shakeup this summer, Chesapeake-based Fortune 500 discount retailer Dollar Tree Inc. is filling spots on its leadership team. This week, the company named a new chief operating
Virginia Realtors elect Winchester broker as prez
Katrina M. Smith to lead group
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Virginia Realtors, the state’s largest trade association, has a new president and slate of officers for 2023. Katrina M. Smith, of the Blue Ridge Association of Realtors, will lead the
Titanium company investing $82.1M in Halifax County
Expansion to create 108 jobs
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Charlotte, North Carolina-based IperionX Ltd., a minerals company that produces titanium metal powder for use in manufacturing, announced plans to establish Virginia’s first titanium demonstration facility in Halifax County, an
17th Street Lofts sells for $4.65M in Richmond
One South Commercial represented seller
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An apartment building in the city of Richmond has changed hands. BP I LLC purchased the 17th Street Lofts, located at 329-333 Oliver Hill Way, from 333 Oliver Hill LLC