[ Login ]   [ Register ]

Commercial Real Estate »

The Pipeline: Commercial Real Estate Round Up for 2.27.09

The Pipeline: Commercial Real Estate Round Up for 2.27.09

Al Harris February 27, 2009 1

Thalhimer reports Trustworth Properties LLC purchased the 10-unit apartment building at 12 E. Main St. in Richmond for $1 million from Main Street Investments LLC. AECOM Technology Corporation, a multinational environmental consulting firm,  has

Read More »
Polluted Henrico parcel gets makeover

Polluted Henrico parcel gets makeover

Al Harris February 18, 2009 0

A site in Henrico County is slated for commercial development almost 30 years after being identified by the Environmental Protection Agency as a threat to public health. Virginia Beach-based Empire Development purchased 3.85 acres

Read More »
The Pipeline: Commercial Real Estate Round Up for 2.13.09

The Pipeline: Commercial Real Estate Round Up for 2.13.09

Richmond BizSense February 13, 2009 3

Grubb & Ellis Harrison & Bates report Magan & Sons, LLC purchased a 1.48-acre parcel at Short Pump Town Center in Henrico for $1.2 million. The buyer plans to develop a hotel on the

Read More »
2008’s top commercial projects

2008’s top commercial projects

Al Harris February 11, 2009 2

The Greater Richmond Association for Commercial Real Estate has announced the finalists for their Eighth Annual Real Estate Star Awards. The awards honor the top real estate projects in the Richmond region in eight

Read More »
Construction slowing even more

Construction slowing even more

Al Harris February 11, 2009 4

Construction activity is slowing at an increasing rate in Richmond, leading to more layoffs, longer pay terms and downward pressure on the prices subcontractors can charge. For the first time in recent memory, builders

Read More »
S&K tries to find savings with Chapter 11 filing, hopes to be out in 60 days

S&K tries to find savings with Chapter 11 filing, hopes to be out in 60 days

Richmond BizSense February 10, 2009 0

Richmond-based men’s clothier S&K Famous Brands Inc. is hoping a quick detour into bankruptcy court can help the company fit into a new business model with fewer stores and lower overhead

Read More »
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

Read More »
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. 

Read More »
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

Read More »
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

Read More »