A $460 million all-cash deal has been reached for New York telecommunications company Paetec Holdings Corp. to acquire locally-based Cavalier Telephone.
Al Harris
Name change for RIR race
Unless you are a die-hard race fan, you may not have noticed that the fall NASCAR race at Richmond International Raceway has a new name.
Recording studios play musical chairs
The music has stopped for now, but in several weeks a Richmond recording studio will finish moving to its new space just a few blocks down the street. And a similar business is going to come in to its previous space.
Pipeline: Commerical Real Estate Round Up 9.10.10
A new tenant leased 2,000 square feet in West Broad Village. Plus lots of action in the medical sector.
Short Pump shopping center snapped up
Out-of-town investors close on one of the biggest deals this year in commercial real estate.
Richmond firm keeps miners’ feet fresh
Life is hard for 33 Chilean miners trapped underground, but at least their feet don’t stink.
Architect strikes back against lawsuit
Todd Dykshorn was sued last month for allegedly misrepresenting the status of two properties that developer Justin French was converting into apartments. He now wants the case tossed out of court, arguing it has no merits.
Richmond’s fastest growing industries
The economy may be stuck in a funk, but plenty of Richmonders are finding ways to entice customers with new products or services, especially in these seven industries:
A business is born where dogs meet hogs
One customer of a Richmond-based manufacturer and retailer found the product after getting pulled by a state trooper while riding with her dog on the Jersey Turnpike. She got a ticket for having a passenger without a helmet.
Pipeline: Commercial Real Estate Round Up 9.3.10
C&F Mortgage Corporation leased 3,388 while Anytime Fitness leased 4,200 sf of space at the Courthouse Place Shopping Center.