During the summer of 1986, British pop band Simply Red had a No. 1 hit in the U.S. titled “Holding Back the Years” that discussed an inability to grow when focused on the past.
Looking back at the past three decades — and contrary to the song — Richmond has grown and is growing quite a bit.
While there have been a number of key private projects that mark the waypoints over the past 30 years in Richmond’s commercial real estate market,
Like Joseph, the industrious assistant to Pharaoh in the Bible who hoarded food during seven years of good crops to save Egypt during the ensuing years of drought, many developers are eyeing the economy wondering when the drought is coming.
Well, the first signs may be here. After 6 1⁄2 years of a slowly rising market in commercial real estate, industry data seem to suggest that buyers are taking a breather,