Katie Demeria

Jackson Ward nonprofit preps for new tenant

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A large nonprofit is working on rezoning its Jackson Ward office, and the organization has said that one of the area’s major health systems is eyeing its extra space.

Martin’s shutting down Henrico store

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A Staples Mill Road shopping center is losing its anchor tenant as Martin’s prepares to close up its 34,000-square-foot location.

Q&A: Redeeming the Jefferson empire

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After coming out on top of a complicated auction with a $37 million bid, a Boston firm is about to start upgrading the real estate portfolio of Billy Jefferson. Quentin Reynolds, a Richmond native and the Davis Cos.’ managing director, filled BizSense in on some of the details.

Henrico shopping center sells for $33M

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Blowing its recently updated record out of the water, Henrico County logged its largest commercial real estate deal so far this year with the sale of a busy Martin’s-anchored shopping center on West Broad Street.

Ukrop hotel on track for Sept. launch

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The upcoming Ukrop hotel on West Broad Street will start booking reservations next month and is on track for a September opening.

HDL jettisons startup investments

Facing millions in settlement costs, Health Diagnostic Laboratory is tightening up its investments and selling off its stake in another local health tech firm.

Chesterfield shopping center, sports park sold

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The owner of a local grocery store has purchased a Midlothian sports facility and is already getting started with renovations. Plus, a nearby 10-acre retail center also changed hands.

Newsbites: Noteworthy tidbits for May 19, 2015

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Local individuals are recognized for their work in tech, business, law and accounting. VCU gets a $2.3 million grant, local companies make large donations to nonprofits and a Carytown grocer raises its minimum wage.