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Mall worth 65% less now

Mall worth 65% less now

Al Harris September 23, 2009 0

The owners of Regency Square mall in Western Henrico have written down the value of the 34-year-old mall by more than $55 million dollars, but that likely won’t affect day-to-day operations. In fact, only

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Saved by the bankruptcy bell

Saved by the bankruptcy bell

Aaron Kremer September 23, 2009 0

A Prince George County hotel operator narrowly avoids a foreclosure auction by declaring bankruptcy, as a hotel seven miles away sells at auction for $745,000.

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The Pipeline: Commercial Real Estate Round Up for 9.4.09

The Pipeline: Commercial Real Estate Round Up for 9.4.09

Al Harris September 4, 2009 0

UDIG Technologies, an IT staffing firm, has leased 3,400 square feet in Reynolds Office Building, Spirit Halloween Superstores, LLC leased 9,850 square feet in Broad Street Plaza, 9900 W. Broad Street in Henrico

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Bowling complex coming to Chesterfield

Bowling complex coming to Chesterfield

Greg Pearson August 28, 2009 3

You’ll know the new entertainment complex off Hull Street Road by the giant bowling pin on the roof. No confusion there. Plus, several other commercial real estate updates from Chesterfield

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The Pipeline: Commercial Real Estate Round Up for 8.28.09

The Pipeline: Commercial Real Estate Round Up for 8.28.09

Al Harris August 28, 2009 0

Clinical Services Unlimited LLC purchased the 4,250 square foot office building at 6013-6015 Staples Mill Road in Henrico for $707,500. Johnny Rockets, a diner chain, has leased 2,400 square feet at the Hancock Village

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Union Hill reopens for business

Union Hill reopens for business

Al Harris August 24, 2009 2

A recent zoning change is giving the Union Hill neighborhood, a breakaway section of Church Hill, a new lease on life by reducing bureaucracy and making it easier for businesses to comply with zoning

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Sheraton owners defaulted on $29.5M loan, other loans going sour

Sheraton owners defaulted on $29.5M loan, other loans going sour

Al Harris August 21, 2009 7

Lenders are beginning to take back more delinquent properties as the number of bad loans around town accelerates, including the Sheraton Richmond West hotel on Broad Street

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The Pipeline: Commercial Real Estate Round Up for 8.14.09

The Pipeline: Commercial Real Estate Round Up for 8.14.09

Al Harris August 14, 2009 0

R.L. Kent Publishing Company trading as The Community Weekly leased 1,600 square feet at 301 Southlake Boulevard in Chesterfield.Sestra Bridal leased 4,800 square feet at Bermuda Crossroads in Chesterfield. McMahon Homes Inc. leased 1,800

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Nonprofit’s $12 million Northside expansion

Nonprofit’s $12 million Northside expansion

Al Harris August 12, 2009 1

For the past decade, Greater Richmond ARC has been working on plans to move from their current address at Westwood Avenue and Lanvale Street, a retrofitted tractor-trailer repair facility. The organization provides support and

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Retail vacancy continues to rise

Retail vacancy continues to rise

Al Harris August 7, 2009 2

Vacancy for retail space in Richmond rose to almost 7 percent at the end of the second quarter. And that could mean banks might soon start taking back some retail properties if tenants don’t

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