Stashed away in a closet in the former Circuit City headquarters, a piece of work by a world-famous artist was found by the liquidation firm. Now the hand-signed lithograph by Alexander Calder is for sale by the firm on eBay.com. As of Monday at 4:19 p.m., the bid was $2.25 with two bids. The reserve… Read more »
Al Harris
Site ranks Richmond’s best hotels for business
A major travel site recently launched a new ranking and review system targeted strictly at business travelers. The Business Travel Center is a new service of TripAdvisor.com. The special section ranks hotels and restaurants separately from those aimed and reviewed by tourists. BizSense browsed the site and looked up the best Richmond destinations for traveling… Read more »
Monday Q&A: Auto bankruptcies bring the pain
Two auto bankruptcies in two months. RBS catches up with Donald Hall, of the VA Automobile Dealers Association for his insightful analysis of how this will play out locally.
Gee steps down from Massey board
Ohio State University president E. Gordon Gee has stepped down from his post on the Massey Energy board after nine years. Gee was re-elected at the company’s shareholder’s meeting held at the Jefferson Hotel on May 19. In a letter to CEO Don Blankenship, Gee said he wanted to focus on his role at the… Read more »
Outfitter opening at West Broad Village in November
A national outdoor equipment and clothing chain is opening a store at West Broad Village in November. Recreational Equipment, Inc., known as REI, announced this morning the 26,500-square-foot store will cover two floors and offer camping, climbing, cycling, fitness, and hiking gear. The location is the company’s first in Richmond; they have two in Northern… Read more »
New life at John Marshall Hotel?
The two firms leading the development effort, Commonwealth Commercial Partners and Dominion Realty Partners, have been mostly quiet on the project since first announcing their intent at the end of last summer. But engineers filed permits last week to start around $18 million in renovations.
The Pipeline: Commercial Real Estate Round Up for 5.29.09
Terry’s Tire Town,a Mid-West based tire distributor, leased 90,000 square feet of at 4501 Carolina Avenue in Henrico. Smoothie King, a national smoothie franchise, leased 900 square feet at 10871 W. Broad St. in Henrico. International Special Risks, Inc., a marine insurance brokerage, leased 2,500 square feet at 730 Glen Forest Drive Suite 405 in Henrico. Click on the link to read the rest of the deals.
Deal to buy baseball team is dead
The current deal for the Richmond Baseball Club to buy the Connecticut Defenders is going to expire, the investor’s spokesman told the Norwich newspaper The Day: Peter Boisseau, spokesman for Richmond Baseball Club LC, which had a deal to purchase the Defenders for $15.4 million and move the team to Richmond, said this morning there… Read more »
Bright spots for homebuilders
Homebuilders have been eerily silent the past few quarters, but for builders in Chesterfield County, the market is starting to turn around. It’s another story on the other side of the River in Henrico, where building activity is still in a deep freeze. Homebuilders around Richmond say the main problem now is that most buyers can’t sell their existing homes.
Network passes on Richmond-filmed drama
Richmond won’t be standing in for Washington this fall after all. Film crews and Hollywood stars arrived in Richmond in April to shoot a pilot for the CW network called The Body Politic. The drama centered on a small-town girl (Minka Kelly of Friday Night Lights) turned congressional staffer. But the network passed on the… Read more »