Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Washington DC CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Washington DC & Mid-Atlantic  + DC Metro  + Apartments  |  November 2, 2021
Rendering of Commodore Apartments in Richmond, VA
Lisa McDuffie
By: Lisa McDuffie

Capital City Buys $2M Richmond Parcel to Build Seven-Story Multifamily

Washington, DC-based Capital City Real Estate has purchased land at 15 West 7th Street in Richmond, VA, for $1.7 million with plans to develop a new multifamily building. The seller was Pareto, LLC.

Development for the Commodore Apartments, a 173-unit complex, is expected to break ground in the fourth quarter of 2021.

The Commodore Apartments will encompass approximately 173,488 square feet across seven floors, including two floors of below-grade parking as well as 3,500 square feet of ground floor retail.

Capital City Real Estate was represented by Colliers’ Garrison Gore along with Charles Wentworth, Hank Hankins, and Victoria Pickett.

Read More News Stories About: Colliers
Connect

Inside The Story

Colliers

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
Order Reprints
  • ◦Sale/Acquisition
  • ◦Development
New call-to-action
New call-to-action