See who’s raising money in fundraisers around town, plus awards for local firms, a new coffee cart launches at a local school and more.
Narrowly avoiding foreclosure, a Hanover County retail strip fell back into familiar hands last week. The Creighton Crossing I shopping center at 6102-6104 Brashier Boulevard was sold back to its original developer for $3 million in a last-minute transaction on March 17, just before the property was scheduled to hit the auction block the following… Read more »
The Westhampton Theater has screened its last show. The nearly 80-year-old West End movie house closed for business Sunday evening as it makes way for a planned redevelopment of the site. Officials with Regal Cinemas, which has continued to operate the theater after selling it to developers in 2014 for $1.75 million, did not return… Read more »
A mysterious new player has entered the Richmond apartment market and is looking to make a splash in Shockoe Bottom. Shockoe Realty Ventures LLC recently purchased a 1-acre parcel at 1903 E. Marshall St. for just over $2 million, with plans to construct 178 apartments. The deal closed March 1 and included an already approved… Read more »
Several big land deals in Chesterfield County, a 100,000-square-foot deal in Henrico and plenty of retail and office grabs all around town.
A 40-year-old local dental office has planted its flag in the West End for its 12th office in the area, picking up where a CrossFit gym left off. Virginia Family Dentistry last month opened a new 4,000-square-foot office at 8516 Patterson Ave. in the Beverly Hills Shopping Center. The space was formerly occupied by West… Read more »
Update: This story has been updated to include information about the pending closure of the Kroger store in Creighton Crossing. A Hanover retail strip has a date with the auction block this week. Creighton Crossing I, an 18,000-square-foot retail property at 6102-6104 Brashier Blvd., is scheduled to go to foreclosure on Friday. The property sits… Read more »
A local healthcare startup is feeling flush. Iggbo, which got its start in Richmond last year, recently completed a $3 million capital raise, according to SEC filings. Founded by Mark Van Roekel, Nino Valentine and Shaiv Kapadia, Iggbo is a tech-based logistics company that uses an Uber-like system of connecting independent phlebotomists with doctors and… Read more »
A Southside apartment complex has landed a new owner after several years on the market. Bill Walde, a real estate investor who has holdings up and down the East Coast, earlier this month purchased the former Dutch Village community at 3219 Glenan Drive for $5.3 million, before promptly rebranding the property to the Townhouses of… Read more »
The developer’s latest project in Richmond’s Southside features 850,000 square feet of space and involves renovating some of the site’s 28 warehouses to create space for entrepreneurs.