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Developer withdraws from Hanover project

Developer withdraws from Hanover project

Al Harris June 12, 2009 0

A Washington developer has pulled out of its commitment to buy and develop 36 acres near Bass Pro Shops in Hanover County. So far, the boat and fishing store is the only structure. But

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The Pipeline: Commercial Real Estate Round Up for 6.12.09

The Pipeline: Commercial Real Estate Round Up for 6.12.09

Al Harris June 12, 2009 0

GPM Investments, an operator of convenience stores on the East Coast, has leased 25,600 square feet at 8565 Magellen Parkway in Henrico. Precision Recycling leased 15,300 square feet at 13101 N. Enon Church Road

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New life at John Marshall Hotel?

New life at John Marshall Hotel?

Al Harris May 29, 2009 0

The two firms leading the development effort, Commonwealth Commercial Partners and Dominion Realty Partners, have been mostly quiet on the project since first announcing their intent at the end of last summer. But engineers

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Two local Chrysler dealerships part of nationwide cut

Two local Chrysler dealerships part of nationwide cut

Al Harris May 15, 2009 0

Two of the area’s Chrysler dealerships will be closed by the automaker, according to a list of 789 that appeared Thursday morning as part of Chrysler’s bankruptcy proceedings. And the pain is going to

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Foreclosure at Midlothian development

Foreclosure at Midlothian development

Al Harris May 14, 2009 0

A lender is forcing a foreclosure sale for part of a massive mixed-use project in Chesterfield County

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New lease on life for Cold Storage plant

New lease on life for Cold Storage plant

Al Harris May 13, 2009 1

The first of five turn-of-the-century industrial buildings to be turned into apartments is six weeks away from completion. The development is a $50 million project of Historic Housing, the same group that developed 17th

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No relief in sight for office vacancy

No relief in sight for office vacancy

Al Harris May 11, 2009 2

No matter how you slice it, office vacancy rates are climbing in Richmond. And true to supply and demand, landlords are getting more and more generous with freebies such as up to six months

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The Pipeline: Commercial Real Estate Round Up for 5.8.09

The Pipeline: Commercial Real Estate Round Up for 5.8.09

Al Harris May 8, 2009 1

R.E. Michel Company, a wholesale HVAC distributor, purchased the 20,500-square-foot industrial property in Chesterfield from K.B. Properties LLC for $1.625 million. R.E Michel, plans to relocate their distribution operations to this location. Andrew Todd

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“Gentlemen, start your economic engines”

“Gentlemen, start your economic engines”

Al Harris May 1, 2009 0

Lagging attendance, sponsorship losses, and the auto meltdown in Detroit hover over NASCAR, but the Sprint Cup race this weekend at Richmond International Raceway will still have a huge economic impact on the area.

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VCU reveals plans for grocery store site

VCU reveals plans for grocery store site

Al Harris April 24, 2009 9

The empty grocery store and parking lot at Grace and Harrison streets could soon be converted into classrooms and library storage for VCU, according to the school’s facility manager

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