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Marwaha Investments continues to expand its burgeoning Richmond, Virginia, office portfolio

Prolific buyer acquires former Circuit City headquarters out of foreclosure for $31 million
Prolific Virginia real estate investor Gagan Marwaha's latest acquisition is the former Circuit City headquarters building in Henrico, which his firm acquired for $31 million in a bankruptcy sale. (CoStar)
Prolific Virginia real estate investor Gagan Marwaha's latest acquisition is the former Circuit City headquarters building in Henrico, which his firm acquired for $31 million in a bankruptcy sale. (CoStar)
By Emily Pross, CoStar News Staff
CoStar Research
October 8, 2025 | 1:19 P.M.

Marwaha Investments, a locally based, private investment and asset management company led by founder Gargan Mawaha that owns and manages more than one million square feet of residential and commercial properties, has acquired two Richmond, Virginia, office buildings in the space of as many months.

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News | Marwaha Investments continues to expand its burgeoning Richmond, Virginia, office portfolio