Aaron Kremer

Aaron Kremer is the founder of Richmond BizSense. Email him at [email protected].

NewsFeeds 3.4.10

Patricia Kluge’s Albemarle estate now only $48 million (Times-Dispatch) In what a real estate agent called “a reflection of the marketplace,” the asking price for winemaker and philanthropist Patricia Kluge’s 24,000-square-foot Albemarle House estate and 300 surrounding acres has been reduced by more than 50 percent Housing: Hope on the Horizon (Business Week) Cash-rich builders… Read more »

Baby water

I just got back from a trip to Ecuador. I’ve had lots of business-related thoughts/insights while I was down there. Here’s one: seeing a baby on the label of bottled-water does not make me want to buy it. It seems to me more appropriate for baby food, or formula.

NewsFeeds 3.4.10

Ukrop’s sale costing area Supervalu jobs (Times-Dispatch) The first sting of pain from the sale of Ukrop’s Super Markets Inc. will cost about 80 jobs at its main supplier, Supervalu Inc. Is the federal stimulus creating jobs in Virginia? (Virginia Business) Where are slow-moving stimulus dollars going in Virginia, and are they creating jobs? Gay… Read more »

NewsFeeds 3.2.10

Last tobacco maker in Petersburg ends local operations (Progress-Index) Star Scientific Inc. recently moved its corporate headquarters and sales office from South Market Street to a new location in the Glen Allen area. Fewer than 30 employees were affected, and most have transferred to the new location, said Sara Troy Machir, Star’s vice president for… Read more »

NewsFeed 3.1.10

Hhgregg: Making its move into local electronics market (Roanoke Times) When Hhgregg, an electronics and appliance retailer, opens in March at Valley View, will it be able to pull shoppers away from bigger competitors? Big losses force sale of ice park. Sale could mean end to UVa. hockey club (Daily Progress) The owners of the… Read more »

The Pipeline: Commercial Real Estate Round Up for 2.26.10

Thalhimer reports the following deals: RJW6, LLC purchased the approx. 4,800 sq. ft. industrial property at 2709 Willard Road in Henrico from John Jen, LLC for $340,000 and will operate their business, Mosquito Squad of Richmond, at this location. Boushra F. Mikheal purchased the approx. 12,000 sq. ft. retail building situated on 1.25 acres at… Read more »

Newsfeeds 2.25.10

Bear Island Paper Co. files for bankruptcy (Times-Dispatch) Bear Island, which employs about 200 people at its newsprint manufacturing mill in northern Hanover County, filed for Chapter 11 reorganization yesterday Number of local homeowners ‘underwater’ grows to 22% (Virginian Pilot) The number of homeowners in Hampton Roads who owed more on their mortgages than their… Read more »