A stake in more than 2 million square feet of Richmond office space has changed hands as part of a three-state, $400 million deal between two out-of-town real estate firms.
Share of Richmond office buildings sold in massive deal
Katie Demeria
Downtown developers in the spotlight
Eighteen developers presented updates on 55 projects at an event Monday evening, focusing on the downtown area, Manchester and Shockoe Bottom.
Changing of the guard at downtown law firm
The CEO at one of Richmond’s biggest law firms has passed the baton to an attorney from the firm’s Northern Virginia office.
Reynolds Crossing building owners at crossroads
Two of the three owners of a high-dollar office building in Henrico’s Reynolds Crossing development are considering selling their ownership in the property.
German grocery invasion continues
Two competing German grocery chains have filed plans for more stores in Chesterfield County, adding to their overall area locations.
Parham office building back on the market
After a stint on the auction block, a Henrico County office building is back on the market.
HDL buyer beats Ohio lawsuit
Richmond’s newest major healthcare player has shed some more legal baggage. An Ohio judge this week dismissed a three-month-old lawsuit against Texas-based True Health Diagnostics, which entered the Richmond market last year by acquiring Health Diagnostic Laboratory. Filed in November, the case centered on blood tests patented by plaintiff Cleveland HeartLab, which had previously allowed… Read more »
The Pipeline: Commercial real estate roundup for Feb. 26, 2016
A Southside property sells for $3.5M, some space in the SunTrust Center got snatched up, a Korean chicken joint lands in Midlothian and a West Broad retail spot fetches $1M.
$14M sale keeps soda flowing in Sandston
A massive Coke deal has gone down in eastern Henrico. The 300,000-square-foot Coca-Cola bottling plant at 500 Eastpark Court in Sandston was purchased earlier this month for $14.3 million. The buyer in the Feb. 3 deal was Charlotte, North Carolina-based Coca-Cola Bottling Co. Consolidated (CCBCC), which is an independent company that operates outside of the… Read more »
Men’s clinic picks Innsbrook for push into Richmond
A new niche player has joined Richmond’s healthcare scene. Hampton Roads-based Men’s Wellness Centers opened its first local office Feb. 1 at 4050 Innslake Drive in Innsbrook. The company was founded in early 2015 by Tom Mills, its president and CEO. It now has offices in Newport News and Virginia Beach and is eyeing further… Read more »