In one of the highest-priced multifamily deals in recent memory in metro Richmond, a Short Pump-area apartment complex is now in the hands of a new owner.
West Broad Village apartments fetch $76M; $224,000 per unit
J. Elias O'Neal
J. Elias O’Neal is a former Richmond BizSense reporter and a current resident of Manchester. He volunteers with several Southside organizations including Southside ReLeaf and the Afro-Latino Coalition. He can be reached at [email protected]
Marchetti Properties unloads five shopping centers for $125M
A family of local retail developers went on a nine-figure selling spree last month involving retail properties anchored by the likes of Wegmans, Kroger and Walmart.
Broad Street restaurant space lands another sports bar
A Northern Virginia-based sports bar chain is rolling its way into Henrico County, filling a building that was left vacant by the bankruptcy of its previous occupant.
The Pipeline: Commercial real estate deals for 3.8.19
One South Commercial reports the following deal: Garlands Checkmate LLC purchased 3201 W. Broad St. and 3200 Cutshaw Ave. in Richmond for $1.1 million. Ryan Rilee represented the purchaser. Harrison & Bates Inc. reports the following deals: Restoration Contractors of America LLC leased 1,500 square feet at 1229 Mall Drive in Chesterfield County. Scott White… Read more »
Alabama-based developer drops $6M for land in Chesterfield
An out-of-town developer has secured its first site in the Richmond market, with plans to erect a $70 million apartment project.
Former Keagan’s space in Short Pump lands new tavern tenant
A regional chain with locations in Hampton Roads and Fredericksburg is opening its first Richmond-area outpost in the 8,000-square-foot space, which was left vacant in December.
Miniburger chain cooking in Henrico
Richmond’s suburbs appear to have no problem finding the beef, as yet another West Coast-based burger chain is firing up in the region.
New SpringHill Suites in the works in South Chesterfield
A local hotelier is adding to its metro Richmond holdings – and will have Cracker Barrel as its new neighbor.
Stony Point Shopping Center sold for $10M
A South Carolina-based real estate investment firm has picked up a Southside shopping center in its first foray into metro Richmond.
The Pipeline: Commercial real estate deals for 3.1.19
Divaris Real Estate Inc. | Richmond reports the following deal: AK Tavern LLC leased 7,994 square feet at 2251 Old Brick Road in Henrico County. Peter Vick and Harrison Hall represented the landlord. Dodson Commercial reports the following deals: Shockoe Commerce Group LLC leased 2,744 square feet at 2915 W. Leigh St. in Richmond. Palmer… Read more »