Real Estate Firm Battle Monument Group Buys New HQ in Shockoe Slip

Battle Monument Group's new headquarters located in Richmond's historic Shockoe Slip

Richmond, Virginia, December, 5, 2025

Battle Monument Group is pleased to announce the acquisition of its new corporate headquarters, a building dating back to the late 1880's, in a story published by BizSense today.

According to the article released by Richmond BizSense,"It's a little bigger, but most importantly for us, honestly, is we can control the air conditioning system and the elevator and the physical security of the building and those things," Oliver said. "And feel proud to have our own space."

"It's a very, very nice building and didn't really need any immediate work," Oliver said. "The location was really helpful too, because it's right in the heart of the central business district, with all of our professional third-party providers within a block or two."

Battle Monument's staff of around 12 has already moved into the building.

The relocation supports the growing team as it continues the mission to increase the economic power of veterans and industry-leading professionals through the acquisition of discount retail stores, such as Dollar General.

Oliver said Battle Monument has grown to become the second-largest Dollar General landlord in the country. Even though Battle Monument doesn't operate the stores, it closely monitors Dollar General's business and has found it a "defensive asset."

"They don't change in their importance when the economy is bad, and they stay important because they're mostly in rural locations. They are, in effect, the last mile of retail in the United States," Oliver said. "They're somehow not correlated with the broader economy, and for our investors and for us, it makes things very predictable and consistent."

Heading into 2026, Oliver said the firm is looking to continue growing its portfolio's store count by about 20%, an approach it has taken in the past.

"We really are specialized and simple," he said. "It's not sexy, but we're good at it."

The team at Battle Monument Group extends a sincere thank you to our investors and partners for their continued confidence in BMG. Interested in learning more about investment opportunities? Contact us here for more information.