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Upcoming Events
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Join GRACRE
We provide opportunities for professionals in all disciplines related to commercial real estate to network and socialize.
Some of our benefits include:
• Commercial Property Representation
• Statewide Legislative Efforts
• Networking
• Educational/Informative Programs
• Legislative Events

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News
Virginia Association for Commercial Real Estate: Your Lobbyist at Work - Results
February 2, 2012
Read More...
Legislative Notes from VACRE
January 27, 2012
The following is a Virginia General Assembly update from Phil Abraham, who lobbies in Richmond on behalf of the Virginia Association for Commercial Real Estate (VACRE). VACRE is a coalition of the Greater Richmond Association for Commercial Real Estate (GRACRE); the Hampton Roads Association for Commercial Real Estate (HRACRE); and NAIOP Northern Virginia, the Commercial Real Estate Development Association (NAIOP)...
Read More...
Legislative Notes from Roby Hackney
January 20, 2012
Dear GRACRE Members,
As many of you know, GRACRE has a legislative committee that monitors proposed legislation impacting commercial real estate across Virginia. Each year thousands of bills are introduced in the General Assembly, hundreds have some direct or indirect impact on our industry, and a small number of bills have the potential to substantially impact our industry...
Read More...
Where Do We Go From Here? The Economy in 2012 and Beyond
October 19, 2011
Ray Owens' Presentation from the October 18, 2011 GRACRE meeting has been uploaded.
Where Do We Go From Here? The Economy in 2012 and Beyond
Read More...
Historic Tax Credits and Preservation Projects
September 21, 2011
Issues and Opportunities is the theme for The Virginia Downotwn Development Association's 27th Annual Downtown Conference at the Hippodrome Theater in Historic Jackson Ward on Monday October 17th. The keynote speaker is Kathleen Kilpatrick, the Director of the Department of Historic Resources and she will provide an update on the state historic tax credit program and the issues surrounding the recent court case involving tax credits...
Read More...
Williams Mullen - 2011 Virginia Legislative Summary
April 11, 2011
BY: LAUREN D. NOWLIN AND JENNIFER D. MULLEN
The 2011 Regular Session of the Virginia General Assembly convened on January 12, 2011 and adjourned February 27, 2011. The Reconvened Session, which considered the Governor’s amendments and/or vetoes to legislation passed by the General Assembly during the Regular Session, adjourned sine die on April 6, 2011...
Read More...
2010 GRACRE Market Review Presentations
February 14, 2011
2010 Market Review Presentations
Read More...
Williams Mullen - 2010 Real Estate Virginia General Legislative Summary
April 9, 2010
Williams Mullen
We are pleased to offer the 2010 Real Estate Virginia General Legislative Summary and the Virginia Land Use 2010 Locality Update produced and distributed by the Williams Mullen Real Estate & Land Use Team.
These Alerts discuss changes to land use law as a result of the most recent Virginia General Assembly Session and changes to land use law in Central Virginia and Hampton Roads...
Read More...
2009 GRACRE Market Review Presentations
March 2, 2010
2009 Investment Review
2009 Office Market Review
2009 Industrial Market Review
2009 Retail Market Review
2009 Residential Market Review
Read More...
Virginia General Assembly Update
February 24, 2010
The following is a Virginia General Assembly update from Phil Abraham, who lobbies in Richmond on behalf of the Virginia Association for Commercial Real Estate (VACRE). VACRE is a coalition of the Greater Richmond Association for Commercial Real Estate (GRACRE); the Hampton Roads Association for Commercial Real Estate (HRACRE); and NAIOP Northern Virginia, the Commercial Real Estate Development Association (NAIOP)...
Read More...
2010 COMMITTEE ASSIGNMENTS FOR KEY COMMITTEES VACRE WORKS WITH
January 13, 2010
Below are the new 2010 committee assignments for the key Committees VACRE works with. New members and new Vice-Chairman designees are highlighted in red. The new committee assignments were released this afternoon by Speaker Howell. Note there are eight new members on House Counties, Cities and Towns with the loss of many of our supporters on the Committee...
Read More...
McDonnell Announces Three Additional Cabinet Appointments
January 6, 2010
McDonnell Announces Three Additional Cabinet Appointments
Appoints Jim Duffey as Secretary of Technology; Doug Domenech as Secretary of Natural Resources; Terrie Suit as Assistant to the Governor for Commonwealth Preparedness
RICHMOND- Virginia Governor-elect Bob McDonnell announced three additional appointments to his administration this morning in a press conference at the State Capitol...
Read More...
List of pre-filed Legislation
December 29, 2009
10VACRE: Created on 01/12 at 13:01
Composite view
Bills Committee Last action Date
HB 16 - Cole - Constitutional amendment; localities to establish either income or financial worth limitations. (H) Referral Pending (H) Committee Referral Pending 12/11/09
HB 17 - Cole - Taxes, state; reduces period of limitation for collection to 10 years...
Read More...
SELF-TAX ALLOWED FOR N.VA. BUSINESSES TO FUND METRO STATIONS
December 23, 2009
SELF-TAX ALLOWED FOR N.VA. BUSINESSES TO FUND METRO STATIONS
By Derek Kravitz
Washington Post Staff Writer
Tuesday, December 22, 2009; B03
Asking business owners to tax themselves is never an easy sell. Asking about three dozen Northern Virginia landowners to tax themselves $330 million could be seen as an unlikely, if not impossible, task...
Read More...
Important Session Dates
December 15, 2009
Subject: Important Session Dates
Here is the schedule announced last week by the Joint Rules Committee for
the 2010 Virginia General Assembly Session which begins Wednesday, January
13, 2010.
It is important to note, that after the pre-filing deadline, no member of
the House of Delegates may introduce more than 5 bills and no member of the
senate may introduce more than 8 bills...
Read More...
McDonnell Announces First Appointments to Administration
December 3, 2009
McDonnell Announces First Appointments to Administration
Martin Kent, Chief Deputy Attorney General of Virginia, to Serve as Chief of Staff
RICHMOND- Virginia Governor-elect Bob McDonnell announced the first appointments in his incoming gubernatorial administration today during a late morning press conference at the State Capitol...
Read More...
Brief description of each Delegate-Elect - 2009 Virginia Elections
November 9, 2009
DATE: Friday, November 6, 209
RE: 2009 Virginia Elections
In addition to sweeping all three state wide offices by large margins, Republicans made significant gains in the House of Delegates as well, where all 100 seats were up for election. Republicans picked up at least 7, possibly 8 seats, holding 4 of their open-seats and losing 2 for a net gain of 6...
Read More...
Election Results Recap
November 4, 2009
Below you will find a memo from my colleague Ben Dendy which provides additional details on the Election Results that I sent to you this morning. If these results hold, the Republicans will hold a 59-39-2 majority in the House with the two independents caucusing with the Republicans and giving them an effective 12 vote majority...
Read More...
Brief Summary of the Election Results
November 4, 2009
I wanted to get you a brief summary of the election results from last night as quickly as possible this morning. A more detailed report will follow later in the day. Needless to say, it was a huge night for the Republican Party of Virginia. They swept all three statewide offices by large margins. Bob McDonnell led the ticket by capturing the Office of Governor with an 18% point win, Bill Bolling was re-elected Lieutenant Governor by a 12% point margin and Ken Cuccinelli was elected Attorney General by a 15% point margin...
Read More...
Distressed Assets and the Commercial Mortgage Crisis - NAIOP Northern VA. Breakfast Event
October 8, 2009
NAIOP Northern Virginia - Breakfast Event October 27, 2009
http://www.naiopva.org/current_events.htm#DistressedAssets
Read More...
WITH MAJOR RULES REVISION, VA. AIMS TO REDUCE BAY POLLUTION
October 7, 2009
WITH MAJOR RULES REVISION, VA. AIMS TO REDUCE BAY POLLUTION
October 7, 2009
By Rex Springston
The Richmond Times Dispatch
Virginia took a big step yesterday to reduce the amount of pollution that washes off subdivisions, office parks and other new developments.
The Virginia Soil and Water Conservation Board adopted, by a 7-1 vote, the first major revision of state stormwater rules in two decades...
Read More...
READY TO BUILD EXPEDITED SITE PLAN REVIEW - MEMORANDUM OF UNDERSTANDING
September 30, 2009
Ready to Build Expedited Site Plan Review
Memorandum of Understanding (Temporary Pilot Program)
Chesterfield County’s Ready to Build Expedited Site Plan Review process gives high priority to projects that will start construction upon site plan approval. This memorandum of understanding establishes the date for starting construction and the timeliness of county staff to review plans and the timeliness of the developer’s consultants to submit plans...
Read More...
CHESTERFIELD COUNTY READY TO BUILD EXPEDITED SITE PLAN PROCESS
September 30, 2009
Memorandum
DATE: AUGUST 12, 2009
TO: DEVELOPMENT COMMUNITY
FROM: KIRKLAND A. TURNER, DIRECTOR, PLANNING DEPARTMENT
SUBJECT: READY TO BUILD EXPEDITED SITE PLAN PROCESS (TEMPORARY PROGRAM)
Chesterfield County’s Site Plan Team has developed the Ready to Build Expedited Site Plan Review process to give high priority to development projects that will start construction immediately upon site plan approval...
Read More...
LEGISLATIVE UPDATE - 2009 "REAL ESTATE AND BANKING INDUSTRY"
June 17, 2009
REAL ESTATE AND BANKING INDUSTRY
VIRGINIA LEGISLATIVE UPDATE – 2009
(prepared by Williams Mullen PC)
The following bills have been passed by both houses of the Virginia General Assembly and approved by the Governor. For more information about the General Assembly or any of the legislation it considered in 2009, please visit http://legis...
Read More...
Legislative Update (March 16, 2009)
March 16, 2009
REAL ESTATE INDUSTRY
LEGISLATIVE UPDATE - 2009
The 2009 Regular Session of the Virginia General Assembly adjourned February 29, 2009. The Reconvened Session will convene on April 8, 2009 for the purpose of considering bills returned by the Governor with recommendations for their amendment or appropriation bills returned by the Governor with objections...
Read More...
Legislative Update (February 26, 2009)
February 26, 2009
Legislative Update
Volume 2009, Issue 2 (February 26, 2009)
With the 2009 Virginia General Assembly nearing its scheduled adjournment on Saturday, February 28, 2009, the legislature continues to grapple with some of its more controversial bills and, most importantly, reaching agreement on a conference report on amendments to the FY 2009-2010 state budget...
Read More...
THE GREATER RICHMOND ASSOCIATION FOR COMMERCIAL REAL ESTATE TO HOST SEVENTH ANNUAL COMMERCIAL MARKET REVIEW FEBRUARY 17TH
January 29, 2009
Real Estate Experts To Provide 360 Analysis of 2008 Market
RICHMOND, VA, January 27, 2009—On Tuesday, February 17, 2009, commercial property owners, developers, and related business professionals throughout the Richmond region will have an unparalleled opportunity to examine the significant real estate developments and emerging trends at The Seventh Annual Commercial Market Review, presented by the Greater Richmond Association for Commercial Real Estate (GRACRE)...
Read More...
January 29, 2009
For Immediate Release
Pamela McElrath
Excite Marketing Team
Tel: 804.935.8725
Mobile: 804.901.2494
pmcelrath@exciteteam.com
David R. Auman, P.E., President GRACRE
Tel: 804.755.4455
dauman@capstonecontracting.com
www.gracre.org
THE GREATER RICHMOND ASSOCIATION FOR COMMERCIAL REAL ESTATE TO HOST SEVENTH ANNUAL COMMERCIAL MARKET REVIEW FEBRUARY 17TH
Real Estate Experts To Provide 360 Analysis of 2008 Market
RICHMOND, VA, January 27, 2009—On Tuesday, February 17, 2009, commercial property owners, developers, and related business professionals throughout the Richmond region will have an unparalleled opportunity to examine the significant real estate developments and emerging trends at The Seventh Annual Commercial Market Review, presented by the Greater Richmond Association for Commercial Real Estate (GRACRE)...
Read More...
Legislative Follow Up - Homestead Exemption
January 27, 2009
Homestead Exemption
Just a quick note to let you know we had a good success today in the House Privileges and Elections Subcommittee. We were able to defeat the proposed House version of the Homestead Exemption (HJR 686 – Brink). I spoke against the amendment along with the Virginia Chamber and the Apartment and Office Building Association...
Read More...
GRACRE LEGISLATIVE ALERT
January 23, 2009
GRACRE LEGISLATIVE ALERT
CONSTITUTIONAL AMENDMENT PROPOSED TO ESTABLISH
HOMESTEAD EXEMPTION FROM PROPERTY TAXES
Two joint resolutions have been introduced to the Virginia General Assembly that propose to amend the Constitution of Virginia to establish a “Homestead Exemption†from local real estate taxes...
Read More...
LEGISLATIVE UPDATE
January 13, 2009
The 2009 Virginia General Assembly convenes on Wednesday, January 14 for its "short" 45-day session. It is scheduled to adjourn on February 28. Balancing the state budget in the wake of a projected $3.2 billion shortfall in revenues resulting from the economic downturn stands at the top of the list of issues facing the General Assembly...
Read More...
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