2015 was a tumultuous year for local blood testing firm Health Diagnostic Laboratory, ending with its sale to a competitor and investigations and lawsuits still standing against several of its former executives.
Katie Demeria
This year’s deals and developments
2015 brought big development to the Richmond area, with huge property deals, long-awaited developments wrapping up and ground breaking on new projects to watch in 2016.
NY firm drops $14M on downtown apartments
A firm that also scooped up a VCU-area apartment complex earlier this year has bought two more properties on East Broad and East Main streets from their local developer.
New year, new startup for entrepreneur Nash
Linda Nash isn’t stopping with a Markel deal and her own consulting firm. Next month she plans to debut a healthcare recruiting spin-off and roll out another concierge medicine startup.
The Pipeline: Commercial real estate roundup for Dec. 24, 2015
Performance Food Group expands its footprint, the Ukrop’s uniform company buys a 72,000-square-foot space, and a Technology Park Drive building is sold for $3.7 million.
$147M deal closes on two-tower office complex downtown
In the second of four big office deals in the downtown market, the BB&T-anchored Riverfront Plaza property was sold to a California firm for $147.5 million.
$1M donation buoys private school renovation
Nearing the finish line on a $10 million capital campaign, a Southside private school got a boost from a local couple that will fund renovations to the campus theater.
Law firm joins forces with Tysons practice
Reaching into the Northern Virginia market, a local law firm has merged with a company in Tysons Corner, while one of its own attorneys starts his own practice and a personal injury firm expands into Harrisonburg.
FBI office building sold for $29 million
A Washington, D.C.-based REIT that focuses on federal properties has made its entrance in the Richmond market with the purchase of the FBI’s field office on Parham Road.
The Pipeline: Commercial real estate roundup for Dec. 18, 2015
Properties in Petersburg and Church Hill sell, national restaurant chains lease space, along with several healthcare providers.