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In the face of rising interest rates, the combined price tag of the 10 biggest real estate deals in the region this year was $759 million. That's down more than 36 percent compared to last year's list.
The pending deal was confirmed this week by Mark Motley, whose businesses own the nearly 6-acre parcel and recently picked up a warehouse at a Southside industrial park.
The sale comes about a year after Hourigan sold the largest piece of its Deepwater Industrial Park to a different buyer for $128 million.
The firm that wants to develop a new technology park north of eastern Henrico County’s White Oak Technology Park says investment by data centers and advanced manufacturing operations there could exceed $1 billion.
The firm that wants to develop a new technology park north of eastern Henrico County’s White Oak Technology Park says investment by data centers and advanced manufacturing operations there could exceed $1 billion.