Shortly after resigning as head of Bon Secours’ Richmond operations, Peter Bernard announced he will step down as CEO of the larger Virginia healthcare system. And the $2 billion organization is vetting three employees as his potential replacement.
Katie Demeria
The Pipeline: Commercial real estate roundup for Jan. 30, 2015
The SunTrust Center lands several leases, a salon leases space in Westchester Commons and a shopping center in Powhatan sells for $3.8 million.
Builder makes $35M move into Va. Beach
After circling the Hampton Roads area for a while, a large local home builder has landed in a 450-acre development in Virginia Beach and is starting work on its first project there.
Sauer edges farther into Carytown
One of Richmond’s most seasoned property owners snatched up more retail real estate in Carytown last week. And it’s moving forward with two big shopping center projects in the city and Henrico County.
Developer takes up stalled $30M project
Finally back in action after the recession, a residential development on one of the city’s largest remaining pieces of privately owned forestland is moving toward completion.
West End theater to close, slated for redevelopment
A local family has taken over two properties – including a small movie theater – near Libbie and Grove avenues and is looking into potential redevelopment plans with the theater’s closing date approaching.
Door manufacturer steps into larger facility
A Texas company with a longtime presence in Richmond is finally ramping up its space to match its other locations, quadrupling the size of its warehouse and leaving the old building for VDOT use.
The Pipeline: Commercial real estate roundup for Jan. 23, 2015
New tenants sign on to Gayton Crossing and East Towne Plaza, plus new leases for retailers and service companies.
Contractor plans $6.7M Southside townhomes
A general contractor is moving into an ownership and development role with plans for a 4.6-acre low-income residential project on the south side of the city.
Local developers zero in on West End mall
Two big names in the local real estate scene are nearing a deal to buy a West End mall. And the firms’ reputations hint at a major overhaul.