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Richmond’s Market Villas apartments sells for $3.9M
The 31-unit apartment property was 94% leased at time of sale.
Richmond real estate developer Lynx Ventures sold Market Villas, a 31-unit adaptive reuse apartment property, to real estate asset management firm CJehn Partners LLC for more than $3.9 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Wednesday. The property located in downtown Richmond’s historic Shockoe Bottom neighborhood includes first-floor retail space in close
Chester shopping center sells for $18.6M
Tenants include PetCo, Starbucks and Chipotle
Bermuda Square shopping center in Chester has been sold for $18.6 million, according to Cushman & Wakefield | Thalhimer’s Capital Markets Group. Nashville-based Bermuda Square Venture LLC acquired the 84,064-square-foot property, its first investment in the Richmond market, on Nov. 26 from Giant Food Stores, the parent company of Martin’s grocery stores, according to Catharine
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Henrico Jiffy Lube property sells for $2.2M
A private investor purchased a 4,210-square-foot property in Henrico County occupied by a Jiffy Lube for $2.2 million in late November, according Cushman & Wakefield | Thalhimer. The automotive maintenance and servicing shop will continue to operate on the property at 5710 W. Broad St. James Ashby IV of Cushman & Wakefield | Thalhimer handled
U.Va. goes big with $5 billion capital campaign
The University of Virginia has officially kicked off the public phase of the largest-ever capital fundraising campaign by a Virginia university, with a goal to raise $5 billion by 2025. It may sound like a daunting challenge, but the university is already more than halfway to meeting its “Honor the Future” campaign goal. Leveraging a
U.Va. goes big with $5 billion capital campaign
The University of Virginia has officially kicked off the public phase of the largest-ever capital fundraising campaign by a Virginia university, with a goal to raise $5 billion by 2025. It may sound like a daunting challenge, but the university is already more than halfway to meeting its “Honor the Future” campaign goal. Leveraging a
Ex-LeClairRyan employee settles pay discrimination lawsuit
Financial terms not disclosed in second gender pay case against now-defunct firm.
Former LeClairRyan PLLC employee Marci Keatts settled her gender pay discrimination lawsuit against the defunct firm for an undisclosed amount, according to a Nov. 22 court order by Richmond U.S. District Judge Robert E. Payne. The Richmond-based firm, once the fifth-largest in the state, shut down in October under Chapter 7 dissolution after filing for
Richmond ad firm Elevation names new creative director
C.J. Hawn is among four employees recently promoted to leadership positions.
Charlottesville retail space sells for $3.15 million
Previous tenant was a Verizon Wireless store.
Alan I. Kirshner retiring as Markel Corp. executive chair
Steven Markel will succeed Kirshner as board chairman for the Henrico-based insurance holding company.
Hilb Group buys North Carolina employee benefits agency
Henrico-based insurance agency now has more than 90 offices in 21 states.