Thalhimer reports the following deal: Stratford University leased 52,020 square feet in the former S&K headquarters property at 11100 West Broad Street in Henrico. Grubb & Ellis | Harrison & Bates reports the following deals: Triple Play Services leased 85,420 square feet at 4810 Eubank Road in Henrico. French Development LLC leased 15,000 square feet… Read more »
Al Harris
Shockoe apartments heading to auction
A Shockoe Bottom apartment complex is scheduled to be auctioned on the courthouse steps Feb. 9.
Va. film industry might get new script
It might be a Hollywood ending after all. The Virginia film industry, along with the state’s film office, has been lobbying the General Assembly for years to increase the incentives available to production companies. This year, their wish might finally come true.
Three new stores for Regency
Regency Square Mall will add three retailers this year.
Martin named agency of the year
Richmond’s Martin Agency was named U.S. Agency of the Year 2009 by Adweek magazine. According to Adweek, Martin posted a 12 percent revenue gain, making an estimated $129 million last year.
Monday Q&A: Get out of jail (not for) free
We’ve covered lots of former Circuit City employees as they venture off into the world of entrepreneurship. But it’s going to be hard to top the copy writer-turned-bail-bondsman we chatted with for this week’s Q&A.
Nasdaq delists Chesterfield firm
Chesterfield-based biotech firm Commonwealth Biotechnologies has had its shares delisted from the Nasdaq Stock Market after it was unable to meet a minimum stockholders’ equity of $2.5 million by Jan. 20. Nasdaq suspended trading of the company’s shares, which traded under the symbol CBI, effective Sunday morning. The company first received notice it was in… Read more »
The Pipeline: Commercial Real Estate Round Up for 1.22.10
Richmond International Raceway spends $7.84 million for a new building, while the MARCS Agency leased 2,000 sf on E. Clay Street. Click the link to see more deals.
Rain delay for storm water rules
New rules on how builders must account for runoff that eventually flows into the Chesapeake Bay will have to go through another comments period. The development community has resisted the new standards, which they say will make costs prohibitive just as the industry is trying to recover from the recession. The rules are intended to reduce pollution in the Bay.
Fas Mart on track for new owner
The Israeli holding company that owns Petro Group Ltd., which owns GPM Investments–the operator of Fas Mart convenience stores, is selling its stake in Petro Group to an Australian company. GPM Investments operates 350 gas stations under the Fas Mart, Shore Stop and Double Kwik brands. The company has headquarters on Magellan Parkway of of… Read more »