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The Pipeline: Commercial Real Estate Round Up for 2.05.09

The Pipeline: Commercial Real Estate Round Up for 2.05.09

Richmond BizSense February 6, 2009 1

REM Properties purchased the Shoppes at Bell Creek from private investors for $9.5 million. The 65,800-square-foot shopping center is located on Bell Creek Road in Mechanicsville. It was constructed in 2003. Grubb & Ellis

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Foster’s Grille Closed, New Irish Pub To Take Place

Foster’s Grille Closed, New Irish Pub To Take Place

Trevor Dickerson February 2, 2009 0

Burger joint Foster’s Grille at the Shoppes At Innsbrook has closed. Open for only about a year, the Innsbrook location had a big lunchtime crowd, but didn’t seem to have many customers for dinner. 

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Office vacancy up at Innsbrook, down in the City

Office vacancy up at Innsbrook, down in the City

Al Harris January 28, 2009 0

The vacancy rate at Innsbrook and nearby office parks continued to rise last quarter, and, with several big chunks set to come available this year

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The Pipeline: Commercial Real Estate Round Up for 1.29.08

The Pipeline: Commercial Real Estate Round Up for 1.29.08

Richmond BizSense January 27, 2009 1

The Citgo service station at 2206 W. Main St. in Richmond’s Fan District has been purchased by Uphoff Properties LLC from TLC Co. for $2.5 million. The property includes a retail store of 2,700

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Pipeline: Commercial Real Estate Round Up for 1.23.08

Pipeline: Commercial Real Estate Round Up for 1.23.08

Richmond BizSense January 23, 2009 0

Richmond International Raceway purchased a 35,300 square foot building at 4001 Carolina Ave. in Henrico for $1 million. Robert L Borum and Associates LLC purchased a 9,600 square foot flex-space building at 8191 Staples

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Pipeline Commercial Real Estate Round Up for 12.19.08

Pipeline Commercial Real Estate Round Up for 12.19.08

Al Harris December 19, 2008 0

Mygrant Glass Company, an auto glass distributor, has leased 41,500 square feet at 11730 N. Lakeridge Parkway in Ashland. Affinion Loyalty Solutions, a multinational marketing company that specializes in customer loyalty programs, has leased

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Pipeline: Commercial Real Estate Round Up for 12.11.08

Pipeline: Commercial Real Estate Round Up for 12.11.08

Al Harris December 12, 2008 0

Thalhimer reports Classic Construction Exteriors purchased a 2,500 square feet office/warehouse building in the Crossroads Business Center at 11624 Busy Street in Chesterfield from DSST Holdings for $315,000. The exterior remodeling company is moving

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Shopping malls facing first-quarter fears

Shopping malls facing first-quarter fears

Al Harris December 8, 2008 0

Richmond area shopping malls are holding steady, but trouble might be on the way as major retailers plan to close stores. A BizSense study found that the combined storefront vacancy of six area malls

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Downtown development marches on

Downtown development marches on

Al Harris December 5, 2008 0

Despite rising vacancy rates and a slumping economy, developers presented a cheery outlook for development in downtown Richmond at an event yesterday hosted by Venture Richmond. More than 100 people gathered for the Downtown

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Pipeline Commercial Real Estate Round Up for 12.5.08

Pipeline Commercial Real Estate Round Up for 12.5.08

Al Harris December 5, 2008 0

CB Richard Ellis reports IES Commercial, Inc., a communication and electrical service company headquarted in Houston, leased 23,800 square feet on Lakeridge Parkway in Hanover County. The Richmond office will be moving from its

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