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Industrial property in Richmond sells for $3.7M
Property is 100% leased
Warwick Trade Center, a 38,056-square-foot flex industrial property in south Richmond, has been sold for $3.7 million, according to Cushman & Wakefield | Thalhimer. CIG 6290 RFO LLC, an affiliate
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Surf’s up for Chesterfield’s The Lake
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It took a lot to make The Lake happen. Developer Brett Burkhart had to nail down $323 million in financing, obtain a slew of permits and get Chesterfield County to
COVID challenges continue for Va. restaurants
Restaurant owners cope with rising costs, labor shortages
Published
Liz Kincaid faced a major problem in August after the walk-in refrigerator in one of her Richmond restaurants — Max’s on Broad — broke. Her usual supplier told her the
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Conways make $13M donation to VCU nursing school
Philanthropists made similar gift to U.Va.
Published
McLean philanthropists Joanne and William E. Conway Jr. have given $13 million to Virginia Commonwealth University’s School of Nursing, the university announced Monday. The gift is the largest in the
17th Street Lofts sells for $4.65M in Richmond
One South Commercial represented seller
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An apartment building in the city of Richmond has changed hands. BP I LLC purchased the 17th Street Lofts, located at 329-333 Oliver Hill Way, from 333 Oliver Hill LLC
22 acres in Innsbrook to be developed into mixed-use
Land to be developed into apartments, hotel, retail
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Newton, Massachusetts-based Northland has acquired 22 acres to build a mixed-use development at the “North End” of the Innsbrook area in Henrico County, from Raleigh-based Highwoods Properties. The site is
Allianz promotes Canadian CFO to North American CFO
Patrick Espeut promoted after Jeff Wright became CEO
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Henrico County-based Allianz Partners USA has promoted Patrick Espeut to chief financial officer for the North America region, which includes the U.S. and Canada, the travel insurance and assistance company
Hotel revenues continue to outpace 2019, but only slightly
Demand still lagging as prices increase
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The commonwealth’s hotel industry is continuing its recovery, though the Northern Virginia market continues to be a drag on its performance, according to data from STR Inc., a division of
Stratford Hills Apartments sells for $76.5M in Richmond
Community near Bon Air includes 430 residences
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Stratford Hills Apartments, a 430-unit residential community in Richmond’s Chippenham Village neighborhood, sold for $76.5 million on Aug. 22, Colliers announced. West 300 North Associates LLC bought the property, located
Syska Hennessy hires new assoc. VP for Richmond office
David Wright joins New York engineering firm from WSP
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New York City-based engineering firm Syska Hennessy Group, known for projects such as Lincoln Center for the Performing Arts and the Central Intelligence Agency’s Langley headquarters, has named David Wright