7130 Glen Forrest Drive
Richmond, VA 23226
Main email contact:
As the economic center and capital of Virginia, Richmond is well positioned in the midpoint of the east coast. Its location offers easy access to major eastern economic centers to its north and south. Major Richmond industries include higher education, life sciences and manufacturing. Business activity in this region is boosted by a relatively low cost of living, a solid job market and a low state sales tax. The BBG Richmond team offers valuation, assessment and advisory services to support the commercial real estate activity in this market.
Bundled Due Diligence Services
One-stop shop for valuation + assessment services.
Valuation and Assessment Services
- Market study
- Zoning reports
- Environmental studies
- Property condition reports
- Strategic advisory
- Portfolio valuation
- Organization design and governance
- Financial reporting
- Lease audits
- Tax appeal
- Cost segregation
Related Blog Posts
May 23 2023
Third-Party Appraisals Can Benefit CRE Property-Tax Relief Efforts
With increasing tax assessments for commercial real estate properties, an independent third-party appraisal may lessen the property-tax burden for CRE owners. BBG, the...
Apr 20 2023
Valuing a Growing Real Estate Market: U.S. Farmland
Tech billionaire Bill Gates who amassed a fortune in the computer software business is making money in one of the world’s oldest professions: farming. The former...
Mar 16 2023
Austin Artist Overcomes Disability to Achieve Widespread Recognition for Art Works
In a conference room at real estate services firm BBG’s downtown Dallas office building, an oil painting of a fruit tree hangs on one of the walls. The painting exudes...
Feb 08 2023
Onshoring Trend Poised to Propel U.S. Industrial Sector
The bloom may be off the rose of the top-performing U.S. industrial sector as a result of current market conditions. But a growing onshoring trend is expected to temper...
Jan 31 2023
Commercial Real Estate Portfolio Trends
Real estate portfolio transactions captured CRE headlines at the close of 2022. Among the largest was the sale of a Chicago multifamily portfolio with about 7,500 units...
Dec 02 2022
Demand For Commercial Property Valuations Quicken Pace Amid Economic Uncertainty
Around this time last year, the U.S. commercial real estate market was recovering from one of its worst periods during the global pandemic. Work resumed on many...
Oct 24 2022
Active Adult Communities Riding the ‘Grey Tsunami’ Wave
Baby boomers, the generation that started the rebellious youth movement in the 1960s, are still shaking up American society. They represent a demographic shift known as...
Oct 13 2022
Why Zoning Reports Mark the Beginning and End of Real Estate Transactions
Zoning laws are a fact of life in practically every part of the United States. They create an orderly development of property that benefits communities economically,...
Aug 25 2022
Housing Program to Lower Mortgage Insurance Costs For “Green” Certified Residential Healthcare Properties
Owners of Federal Housing Administration-insured assisted living, nursing homes and other residential healthcare facilities will soon be able to trim operating costs...
Aug 09 2022
Commercial Real Estate Market Outlook
Commercial real estate values are not expected to see significant declines this year despite market concerns over recent and forecasted interest rate hikes,...