Turning Basin Building foreclosed
From Richmond BizSense.com we learn that the 96,000-square-foot Turning Basin Building at 111 Virginia St. was foreclosed on last Tuesday. The building was formerly the headquarters of First Market Bank. According to the commercial real estate tracking…
From Richmond BizSense.com we learn that the 96,000-square-foot Turning Basin Building at 111 Virginia St. was foreclosed on last Tuesday. The building was formerly the headquarters of First Market Bank. According to the commercial real estate tracking firm Trepp, the Turning Basin LLC owed about $15 million on a $16.1 million commercially backed, non-recourse loan. […]
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