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…

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…