Laurel
Laurel, VA · Real Estate
fredericksburgfreepress.com
Biz Beat Roundup: Area housing prices hit new high
Additional tenants have been announced for the Vakos Companies’ commercial development off Mudd Tavern Road in Thornburg at Interstate 95. Starbucks and Wawa have already opened there, and agreements are in place for an Arby’s, Zaxby’s (the region’s first) and Advance Auto Parts. Flint Development, a commercial real estate developer, has begun site work on a 555,675-square-foot distribution facility on a 36-acre industrial development just north of the Kalahari Resorts & Conventions site and south of the Wawa and Starbucks. Flint purchased the site from a Vakos affiliate in February for $5,250,900, according to land records.
yieldpro.com
Capital Square’s Chasen Named a 2026 Top Project by Virginia Business
Capital Square, a leading sponsor of tax-advantaged real estate investments and a national developer and manager of housing communities, announced that Chasen, a recently delivered Class A multifamily community comprising three adjoining six- and seven-story residential buildings in the Scott’s Addition neighborhood of Richmond, Virginia, has been named a 2026 Top Project by Virginia Business in its inaugural Virginia Top Projects & Real Estate Deals awards program.
WTVR-TV
Chuck Jenkins — Personalized Real Estate Expertise with Long & Foster
RICHMOND, Va. -- With 20 years in real estate Chuck Jenkins has built a reputation for delivering personalized, client-focused service that sets him apart from the team-based approach common in today’s market. In Chuck’s own words, real estate isn’t just about closing deals — it’s about making the process...
themortgagepoint.com
Multifamily Rent Growth Showed Positive Gains in May
The most recent analysis on multifamily rent trends for May 2026 has been released by Apartments.com. The Multifamily Rent Growth Report for May 2026 showed that the national average for apartment rents in the U.S. rose to $1,737 in May, a +0.2% increase from the upwardly revised level of $1,733 in April. After a stretch of flat to declining monthly performance in the second half of 2025, this is the sixth consecutive month of positive rent growth. Rent growth was unchanged at +0.7% annually in May, which was lower than +1.3% a year earlier and consistent with the April reading.
vpm.org
BizSense Beat: Greyhound Station, Innsbrook housing, Buskey Cider
Here’s a recap of the top stories for the week of June 12, 2026. After years of sitting vacant, the former Greyhound bus station along Arthur Ashe Boulevard is finally coming down. Demolition crews have begun dismantling the long-abandoned terminal, clearing the way for a major mixed-use redevelopment along the gateway into Richmond’s Diamond District.
myfamilytravels.com
The Changing Virginia City Where Lifelong Residents Say They No Longer Feel Welcome
Change is not always bad. New buildings, new businesses, new people can bring energy and opportunity. But in this Virginia city, the change has come so fast that lifelong residents say they no longer feel welcome. The cost of living has climbed. The old neighborhoods are being replaced. And the...
fredericksburgfreepress.com
Biz Beat Roundup: Two area banks officially tie up
Alexandria-based Burke & Herbert Bank completed its acquisition of LINKBANK last month and has now taken over branding at the three former area LINK branches downtown, on Plank Road in Spotsylvania County and in Spotsylvania Courthouse Village. LINK customers will officially become Burke & Herbert customers Monday (June 15). Burke & Herbert also has a branch on Cowan Boulevard in Fredericksburg and a downtown loan office. Burke & Herbert had intended to open a branch at The Vakos Companies’ Park Place on William project at 520 William St. downtown, but it’s unclear whether that will proceed now that it has taken over the LINK branch just down the street at 410 William St. Burke & Herbert is now the sixth-largest area bank by deposits, according to FDIC data, trailing only Atlantic Union Bank, Truist Bank, Wells Fargo Bank, Bank of America and PNC Bank (in that order).
vpm.org
BizSense Beat: Diamond District dispute, Fortune 500, Lady Chiller
Here’s a recap of the top stories for the week of June 5, 2026. A newly disclosed internal memo from Thalhimer Realty Partners has shed additional light on a confrontation that took place during opening night at Richmond’s CarMax Park. The incident involved Thalhimer’s Jason Guillot and Richmond...
12onyourside.com
‘Hope they remain home’: Carriage House tenants return to Petersburg apartments after weeks of displacement
PETERSBURG, Va. (WWBT) - More than 100 tenants of the Carriage House returned to their apartments Thursday after being displaced for three weeks due to code violations. The city red tagged the building deeming it unlivable in May after inspectors found multiple issues like no hot water, leaking pipes and a leaking roof, and unsanitary conditions.
Axios
Richmond's legendary Strange Matter building is up for rent
Strange Matter is officially up for rent. Why it matters: The spot on West Grace Street housed a succession of legendary music venues dating back to the 1970s that helped define Richmond's beloved punk and metal scene. And its future has been unclear since Strange Matter closed in 2018. State...
12onyourside.com
Diamond District development moves to next phase
RICHMOND, Va. (WWBT) - Seven weeks after CarMax Park opened, developers are moving forward with the next phase of the Diamond District. The next phase includes a massive apartment complex near the new ballpark. Construction is set to start next month. The complex will include nearly 280 units, a 450-spot...