The vacancy rate for apartment units in Metro Richmond in the first quarter of 2010 was the highest it has been in five years, reports the real estate research firm Reis Inc.
Al Harris
Sabra spreads out
Sabra Dipping Company made a splash in the area by investing $61 million in Chesterfield to build a new hummus factory in Chesterfield.
Crushing waste
A Richmond entrepreneur has a way for that glass bottle you’re about to throw out to find new life as an industrial tool.
The Pipeline: Commercial Real Estate Round Up for 6.4.10
Advertising firm Madison+Main leased 3,861 square feet in Exchange Place at 1313 E. Main Street in Richmond while Staples, Inc. leased 9,867 square feet in Henrico.
Cheaper than a cab ride
This station for the Number 1 Bus recently opened on West Broad Street. It only costs $20 for an overnight bus ride to New York City, less than a cab ride from Shockoe Bottom to Short Pump. I’m really not sure how they make money, since you can only cram so many people on the… Read more »
Healthcare arguments set for July
A federal judge in Richmond has set a July date for arguments to decide whether Virginia can sue over the healthcare reform bill.
Down but not out
A longtime local real estate developer is dealing with the boom-bust hangover, battling with former investors and banks and stepping down temporarily as chairman of a real estate development that bears his name.
Richmond’s king of luxury
Luxurious living is not a thing of the past, it’s just that the opulent ones are more conspicuous these days. That is where Richmonder Jason Tesauro comes in, an expert in life’s finer accoutrements who works behind the scenes as a personal concierge . Tesaurao, author of The Modern Gentleman: A Guide to Essential Manners,… Read more »
Owens & Minor cuts jobs in Philly
The locally-based medical supply company lost its contract with the Children’s Hospital of Philadelphia last week.
Reynolds Crossing restaurant lands new tenant
Adios, Max y Erma; hola, Plaza Azteca.