A batch of apartment properties, once belonging to convicted local developer Billy Jefferson, have been handed off to a variety of buyers, with some to be renovated back into single-family homes on Monument.
A Florida firm has made its first deal away from home with the $2.3 million purchase of a recently foreclosed shopping stretch on Staples Mill Road and is planning to revamp the property.
With a 40-year lease in hand, the operator of Richmond’s port plans to steer new business toward the shipping hub, invest in big improvements and leave the port’s recent rocky past in its wake.
On the third attempted auction this year, the lender on an apartment project developed by jailed developers Billy Jefferson and Justin French has reclaimed the property as Thursday’s sole bidder.
Several large properties are sold, including apartments, offices and industrial space, and restaurants, health professionals and retailers lease space around the area.
The Southside shopping center is set to undergo major changes to its outdoor space and hopes to lure in new tenants, including restaurants and a craft brewery.
Former HDL chief executive Tonya Mallory has fired back at the federal government and called for the dismissal of its suit against her, which alleges that she played a key part in a kickback scheme.
After one of its namesakes left for his own practice, a local law firm brought up another longtime attorney and also added to its other staff.
Coinciding with a larger state real estate shuffle downtown, a Virginia agency is testing the waters of the downtown market as it considers vacating its longtime home on Main Street.
In the midst of integrating the beleaguered HDL with his own blood testing firm, True Health Diagnostics CEO Chris Grottenthaler sat down with BizSense to talk about the challenges of bringing the two companies together and how he was able to see past HDL’s baggage.
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