Stay updated with breaking news from Nash Warren. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The North Carolina investor paid nearly $1.5 million for the property in January of 2020, just in time to be dealt a blow by the pandemic-induced office market downturn.
North Carolina-based developer Hem + Spire bought the six-story building in January 2020 for $1.5 million. Next month's auction has a starting bid of $450,000.
The $4 million sale of apartments in Richmond's Fan District and the lease of 5,463 square feet in downtown Richmond are the top transactions. (BizSense Pro subscription required)
The 158 properties are now in the hands of various new owners after a slew of deals closed between mid-December and early January.
The latest deal involved nine properties, but the bulk of the Eck family’s 150-plus property portfolio remains under contract to be sold to a single mystery buyer.