Just recently completed, the Turning Basin building sits at 111 Virginia St. along the city's Canal Front area. It is a $17 million Class A office and retail structure that offers 93,000 sf of space over five floors. First Market Bank, which has its name on the building, is among the structure's leading tenants with its headquarters office and a ground-level branch occupying a total of 27,000 sf. Other tenants include PricewaterhouseCoopers, the Virginia Performing Arts Foundation, and Morton's of Chicago.

"The Turning Basin development, the building of the largest convention center between Charlotte, NC and Washington, DC and more than $2 billion in new downtown investments are catapulting Richmond into the 21st century," says Levy & Company president John B. Levy.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.