District Bay | Bank of America Center Purchased by District Bay (Richmond, VA)
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Bank of America Center Purchased by District Bay (Richmond, VA)

Bank of America Center Purchased by District Bay (Richmond, VA)

An affiliate entity of District Bay Realty Advisors has purchased the Bank of America Center in Richmond, VA.  The building, only two blocks from the Capitol of Virginia, is the 4th tallest building in the city & a landmark of the Richmond skyline.

 

District Bay has embarked on a multi-million dollar renovation to
the exterior and courtyard areas of the building, in order to reinvigorate the appearance and bring the building back to its former glory.  The renovation is expected to be completed by mid-year 2017.

 

District Bay Managing Partner, Michael Wheeler commented “We see this as a generational asset for our young company and one we hope to control for the foreseeable future.  Richmond is an important market for us and one where we continue to see tremendous potential as our portfolio there grows.”

 

For more information please contact our Operations Director, Kathryn Horner at khorner@districtbay.com.