RICHMOND, Va. -- The pandemic’s effect on office space is leading one downtown Richmond office building to a date with the auction block.
The Branch Building at 1015 E. Main St. is set to be put up for auction next month by North Carolina-based firm Hem + Spire, which bought the six-story building for nearly $1.5 million in January 2020.
The auction’s starting bid is $450,000.
Upon buying the buildings, Hem + Spire set out to modernize the circa-1866 structure for its tenants, which at the time included a law firm and a nonprofit.
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