Update: This property is no longer on the market since it sold. Click here to read about the HFF-brokered sale of the property
Holliday Fenoglio Fowler, L.P. (HFF), a Virginia licensed real estate broker, on behalf of the owner, is marketing for sale The James Center, three iconic office towers known as One, Two and Three James Center in the Richmond, Virginia, central business district. The commercial property for sale is centrally located in the River District of downtown Richmond with convenient access to historic Shockhoe Bottom, high-end residential, corporate decision makers and numerous nearby amenities. Bolstered by an epicenter location and abundant surrounding amenities, investment opportunities such as this one are truly generational.
Located at 901, 1021 and 1051 East Cary Street, the James Center features two on-site restaurants and greatly benefits from its connection to the Omni Hotel and its restaurants, Trevi’s Grille, Trevi’s Lounge and Trevi’s Market, and Starbucks. Additionally, the office property is within walking distance to more than 100 restaurants ranging from fast casual to fine dining, including notable restaurants Pasture, Rapp Session and the Dining Room at the Berkeley Hotel.
The property is ideally located along the James River in the heart of flourishing downtown Richmond with multiple attractions and entertainment outlets, including the James River Park System, Bon Secours Washington Redskins Training Center, Richmond Coliseum and Stone Brewery. Visitors have multiple lodging options, including the Four-Star Omni Hotel (directly adjacent to the James Center), the Berkley Hotel, the Jefferson Hotel and Westin Richmond.
The James Center is an investment offering that represents a rare, generational opportunity to acquire three of Richmond’s most iconic assets. Investors will immediately benefit from the James Center’s attractive credit tenant roster, coupled with an irreplaceable CBD location at a highly-attractive cost basis. Moreover, current occupancy of the property is significantly below historical occupancy, leaving investors with considerable upside potential. For more information on this or other commercial properties for sale in the area, please contact HFF Senior Managing Directors Dek Potts or Ryan Clutter, Director Scot Humphrey or Associate Director Chris Lingerfelt.