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.
Katie Demeria
Martin’s shutting down Henrico store
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
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.
VCU, Bon Secours pull plug on children’s hospital
The two health systems announced Thursday that they were backing out of plans to help build a $600 million freestanding children’s hospital in the area.
The Pipeline: Commercial real estate roundup for May 22, 2015
Several properties change hands, businesses increase their space and the SunTrust Center lands a new lease.
Henrico shopping center sells for $33M
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
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
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
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.