Richmond, VA · Updated weekly
Richmond deal & development tracker
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September 2026
SaleOfficeHenrico
Highwoods sells six Innsbrook office buildings to Seminole Trail
Innsbrook, Glen Allen
486,916 SF across six buildings for $53M (about $109/SF), per C&W | Thalhimer; Highwoods’ release put the portfolio at 472,000 SF. Brings the buyer to more than 1.3M SF in 17 office buildings.
Cushman & Wakefield | Thalhimer, Office MarketBeat Q3 2026
July 2026
SaleOfficeHenrico
West End office building sells to a healthcare user
2402 N. Parham Rd
12,000 SF office built in 2004, sold for $3.1 million (about $258/SF) to New Core Healthcare.
Richmond BizSense — The Pipeline: Commercial real estate roundup for 7.24.26SaleLandHenrico
Spy Rock buys Innsbrook infill site
4650 Cox Rd, Innsbrook
About 10 acres for $8M; plan calls for 270 apartments and 61 townhomes.
Richmond BizSense — $8M land deal tees up Spy Rock’s first residential infill project in Innsbrook
May 2026
SaleRetailHenrico
Three West End shopping centers sell for $53.3M combined
W. Broad St and Staples Mill Rd
Staples Mill Square (~96,000 SF, $22.5M), West Broad Commons (110,000 SF, $18.8M), Tuckernuck Commons (~94,200 SF, $12M).
Richmond BizSense — Three West End shopping centers bagged for combined $53M
April 2026
SaleLandHenrico
Developer buys Broad Street lot for Scottwood apartments
4400 W. Broad St
5.75 acres for $11.5M; 299 units planned.
Richmond BizSense — NoVa-based developer buys 6-acre Broad Street lot for $11M, plans Scottwood project
March 2026
SaleMultifamilyHenrico
Innsbrook Square sells
Innsbrook
305 units (built 2023) for $81.7M, about $268K/unit.
Richmond BizSense — Innsbrook apartment market stays hot with sale of Innsbrook Square for nearly $82M
February 2026
SaleMultifamilyHenrico
Innslake Place sells
Innsbrook
221 units for $51.2M, about $232K/unit.
Richmond BizSense — N.C. investor returns to Richmond with $51M Innsbrook apartment deal
January 2026
SaleOfficeHenrico
Cox Road office portfolio sells
Innsbrook
Three fully leased buildings, 300,364 SF, for $44.5M to Easterly Government Properties.
Newmark, 1Q26 Richmond Office Market Overview
December 2025
SaleMultifamilyHenrico
Marshall Springs at Gayton West sells
Western Henrico
420 units (built 2015) for $119.7M, about $285K/unit.
Richmond BizSense — C’ville firm Seminole Trail adds second year-end buy in Henrico, this time at $120M
October 2025
SaleIndustrialHenrico
Eastport Industrial Park sells for $142M
Near Richmond International Airport
Eight buildings, just over 1 million SF, to Rockpoint.
Richmond BizSense — Eastport Industrial Park near RIC sells for $142M