Six months after paying $15 million for a Broad Street office building in Henrico, the investment arm of Cushman & Wakefield | Thalhimer has lured a state agency from downtown to help fill out the property.
Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.
A South Carolina-based bank has a glassy new space to call home in Richmond.
At least three federal agencies are investigating an accounting scheme that last year toppled the construction arm of local commercial real estate firm Thalhimer.
The financial performance of some of the biggest names in the Richmond legal industry earned attention in recent weeks from a popular trade publication, which found that three of the region’s largest law firms brought in a combined $1.6 billion in revenue last year.
“It’s a hard moment for all of us,” CEO David Williams said of the firm’s decision, which comes after it abruptly lost its national flag late last year and one-third of its brokers jumped ship.
As it continues to work toward a deal to be acquired by BB&T, an Atlanta-based banking giant in recent weeks shed one of its Richmond branches.
Less than two years after expanding in its hometown with an acquisition in Innsbrook, a downtown Richmond-based financial firm has yet another deal in the works, this time giving it a bigger foothold in the Northeast.
Under new ownership and after more than $2 million in repairs and upgrades, a New Kent County club once left for dead is back in business.
Owens & Minor and Markel post their proxies and executive pay packages, a local REIT offloads nine hotels for $95 million and CarMax reports its year-end results.
As the Cavaliers prep for the Final Four, a bank from their hometown of Charlottesville is looking to make a run of its own – into Richmond.