Richmond, VA · Updated weekly
Richmond deal & development tracker
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September 2026
SaleLandChesterfield
Bon Secours St. Francis buys 20 acres near Chippenham Crossing
5201 Chippenham Crossing Center / 4930 Ridgedale Pkwy
The health system paid $8.85 million for the 20-acre site; plans were not disclosed.
Richmond BizSense — The Pipeline: Commercial real estate roundup for 9.18.26SaleOfficeHenrico
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 2026SaleOfficeRichmond
Turning Basin Building sells downtown
111 Virginia St, CBD
88,905 SF for $8.5M (about $95/SF); Jewell Capital sold to SNP Properties.
Cushman & Wakefield | Thalhimer, Office MarketBeat Q3 2026SaleRetailChesterfield
Ross Realty Investors buys Chesterfield Towne Center Plaza
Chesterfield Towne Center
63,000 SF Ross-anchored strip for $11.5M (about $183/SF), less than a year after JRE Partners acquired it as part of its $80M purchase of the adjoining mall.
Cushman & Wakefield | Thalhimer, Retail MarketBeat Q3 2026
August 2026
SaleLandHanover
Kroger assembles land at Route 1 and Kings Acres Road
Route 1 (Washington Hwy) at Kings Acres Rd
Six parcels totaling about 23 acres, bought from separate owners for roughly $4.4 million combined.
Richmond BizSense — The Pipeline: Commercial real estate transactions for 8.14.26
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 InnsbrookSaleMultifamilyChesterfield
2554 Noel St apartments sell
2554 Noel St
105 units for $7.4M (about $70,500/unit).
Richmond BizSense — The Pipeline: Commercial real estate roundup for 7.10.26
June 2026
SaleMultifamilyChesterfield
Colony at Centerpointe sells
14400 Palladium Dr, Midlothian
255 units (built 2016) for $74.6M, about $293K/unit; assessed at $63M.
Richmond BizSense — Days after $115M sale in Goochland, Capital Square makes $75M buy in ChesterfieldSaleMultifamilyRegional
2000 West Creek Apartments sell for $115M
2000 West Creek, Goochland
373 units (about $308K/unit); Capital Square sold to Weinstein Properties.
Cushman & Wakefield | Thalhimer, Multifamily MarketBeat Q3 2026SaleIndustrialChesterfield
Ashton Creek Distribution Center sells
1611 Ashton Park Dr
173,800 SF for $40.1M ($231/SF) to Manulife.
Cushman & Wakefield | Thalhimer, Industrial MarketBeat Q2 2026SaleIndustrialChesterfield
Ashton Park Logistics portfolio sells
I-95 S / I-295 S / Route 10
Two buildings, 523,407 SF, for $78.2M ($149/SF) to Equus Capital Partners.
Cushman & Wakefield | Thalhimer, Industrial MarketBeat Q2 2026SaleMultifamilyRichmond
The Edison Apartments sell
Capitol District
174 units for $28M (about $161K/unit).
Cushman & Wakefield | Thalhimer, Multifamily MarketBeat Q2 2026SaleMultifamilyRichmond
Soda Flats sells
Scott’s Addition
89 units for $17M (about $191K/unit).
Cushman & Wakefield | Thalhimer, Multifamily MarketBeat Q2 2026
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
SaleIndustrialRegional
Lingerfelt venture sells $175M industrial portfolio
Northlake (Hanover) and Walthall (Chesterfield)
Four buildings, 1,161,788 SF, to LBA Logistics (about $150/SF).
Richmond BizSense — Lingerfelt joint venture sells four-building industrial portfolio for $175MSaleLandHenrico
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
SaleIndustrialChesterfield
Two Chesterfield industrial properties sell for $22M
Station Rd and Wadsworth Dr, Bensley
About 222,000 SF combined (about $99/SF).
Richmond BizSense — Two buyers join forces to buy two industrial properties in Chesterfield for $22MSaleMultifamilyHenrico
Innslake Place sells
Innsbrook
221 units for $51.2M, about $232K/unit.
Richmond BizSense — N.C. investor returns to Richmond with $51M Innsbrook apartment dealSaleOfficeRichmond
Highwoods sells its last Stony Point-area office buildings
Stony Point area
Reported sale price of $42M.
Richmond BizSense — Highwoods sells last of its Stony Point-area office buildings for $42M
January 2026
SaleMultifamilyChesterfield
Boulders Lakeview sells
Chesterfield
212 units (built 2023) for $51.5M, about $243K/unit.
Richmond BizSense — Dominion Realty sells Boulders Lakeview apartments for $51MSaleOfficeHenrico
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 $120MSaleRetailChesterfield
Chesterfield Towne Center sells for $80M
11500 Midlothian Tpk
About 1 million SF on 72 acres; buyers have floated long-term redevelopment.
Richmond BizSense — Chesterfield Towne Center sells for $80M to out-of-town buyers mulling potential redevelopment
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