Commonwealth Biotechnologies, a Chesterfield-based biotech firm that has made several international deals lately, received a delisting notice from NASDAQ for failure to meet certain filing rules. The stock is down $0.11, or 17 percent, $0.53 in morning trading. (NASDAQ: CBTE) According to the notice dated July 24, Commonwealth failed to maintain a minimum stockholder’s equity… Read more »
Al Harris
Local developers take a swing at Lynchburg golf course
East West Partners of Midlothian has entered into a purchase agreement with the owners of the Oakwood Country Club to buy the club’s 75-acre golf course tract and develop a residential neighborhood.
The Pipeline: Commercial Real Estate Round Up for 7.31.09
Richmond Volleyball Club purchased the 73,500 square foot former Brown Distributing facility at 2921 Byrdhill Road in Henrico for $2.4 million. The Kane Company, an office services company, leased 48,500 square feet at 11810 N. Lakeridge Parkway in Hanover.
Midlo game publisher hits milestone
A locally headquartered videogame publisher reached a milestone recently—selling more than 500,000 units of their My Baby games.
Do I hear $10 million for firedog?
The rest of Circuit City’s intellectual property, including the firedog brand and a database of 30 million customer contacts, is going on the auction block Aug. 18. And it may reap more than the $14 million that the Circuit City name fetched at auction earlier this year.
Downtown plan poses hurdle for Echo Harbour
On Monday, the Richmond City Council unanimously approved final amendments to the downtown master plan, with language that works against the developers of a $160 million proposed mixed-use project on the riverfront.
Monday Q&A : So is high-speed rail for real?
High-Speed rail in Richmond could make D.C. an easy 1.5 hour trip. But it will take billions in federal funds. The proposal has strong backing from the local business community; BizSense sat down with Whitt Clement to see what all the hype is about.
Activist arrested at Anthem protest
Joe Szakos walked into Anthem headquarters in Richmond on Friday demanding a refund. A few minutes later, he walked out in police custody. Szakos is executive director of the Virginia Organizing Project, a community organizing group. He and several other board members entered the building seeking a meeting with executives. The organization wants a refund… Read more »
The Pipeline: Commercial Real Estate Round Up for 7.24.09
CB Richard Ellis reports the following transactions: Briefings Media Group, LLC, a publishing company, leased 8,300 square feet at 2807 N. Parham Road in Henrico. CSX Transportation leased 6,200 square feet at 1610 Forest Ave in Henrico. Taylor Long Properties reports the following transactions: Curves for Women, a health club, leased 2,000 square feet at… Read more »
Rest stop round up
While Virginia has closed 18 rest areas, Texas is adding a new meaning to information superhighway. The Lone Star state is adding free WiFi and Internet kiosks at all 98 rest areas. For more about that you can listen to the report on National Public Radio. Meanwhile in Virginia, both gubernatorial candidates have vowed to… Read more »