WASHINGTON, D.C., May 19, 2023 - JLL Capital Markets announced today that Dean Sands has joined the firm s Retail Investment Sales and Advisory Team as a Managing Director in the. | May 19, 2023
Riverside on the James, LL Flooring headquarters sell for combined $93M
Mike Platania photos)
More than $90 million of out-of-town money swooped into the Richmond market in recent days to fuel a pair of sizable office building acquisitions.
Riverside on the James, an office and condo tower at 1001 Haxall Point, sold this week for $77 million, while the LL Flooring headquarters building at Libbie Mill Midtown at 4901 Bakers Mill Lane sold for $15.9 million.
Both deals were recorded with Richmond and Henrico this week.
Totaling 15 stories and 264,000 square feet, Riverside on the James was purchased by New York’s Opal Holdings. The seller was D.C.-based American Real Estate Partners, which bought the building for $63.7 million in 2011 from its original developer, Dominion Realty Partners.
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