The idea quite literally fell right into Broderick Thomas’ lap. Three years ago, the local salesman was having lunch at a Richmond barbecue joint when his colleagues noticed an addition to his attire: a T-shirt cut up like a bib that he put on over his button-down to prevent any stains from besmirching his professional… Read more »
Another massive clandestinely named industrial project is in the works in Meadowville Technology Park in Chesterfield County. The Chesterfield Economic Development Authority is helping shepherd the development of a 600,000-square-foot warehouse and office facility for an unnamed tenant on 62 acres directly adjacent to Amazon’s sprawling distribution center. That’s according to an application the EDA… Read more »
A local whiskey distillery is capitalizing on a new state law, taking more space and adding another notch to Scott’s Addition’s reputation as the unquenchable neighborhood. Reservoir Distillery is gearing up to begin serving mixed drinks in its renovated tasting room at 1800 Summit Ave., a move made possible by the General Assembly’s passage this… Read more »
Lingerfelt CommonWealth announced the following deal: Lingerfelt CommonWealth Realty Partners acquired Towne Place at GreenBrier in Hampton Roads. The purchase price was $15.55 million. The 78,827-square-foot retail center is 94.7 percent leased. Cushman & Wakefield | Thalhimer announced the following deals: HuguenotTownPlace LLC bought for $900,000 the 0.6 acres at 1401 Huguenot Rd. in Chesterfield… Read more »
Steve Uphoff is rolling further into the Far East. Backed by a new set of Chinese investors, the local businessman and founder of bowling alley chain Uptown Alley announced plans last week to open 15 locations for the brand in China over the next five years, a more aggressive expansion than Uphoff announced in 2014… Read more »
As it adds more clients and expands its employee count, a local insurance price comparison website is tripling the size of its Henrico County headquarters. Compare.com is relocating this summer to 26,000 square feet at 140 Eastshore Drive in Glen Allen. The move will be a quick one, as its current office at 201 Concourse… Read more »
In an effort to win over city planners and a vocal group of neighbors, the developers behind the proposed transformation of a West End movie house have tweaked their planned mixed-use development to make it shorter and smaller. Jason Guillot and Stefan Cametas last week submitted revised plans for their Westhampton on Grove, a project… Read more »
A vacant Carver restaurant space is ready to come back to life. First-time restaurant owner Matt Shelton plans to open Halcyon Bar & Grill at 1301 W. Leigh St. on May 23 in the building formerly occupied by The Magpie. Halcyon will serve breakfast, lunch and dinner and be open from 7 a.m. to midnight…. Read more »
An online real estate startup with an appetite for college towns has tapped Richmond as its newest market. RentCollegePads.com began listing rental properties located around Virginia Commonwealth University in March. The off-campus housing site lets landlords list properties and caters to students looking for rentals and roommates. Dominic Anzalone spun RentCollegePads.com out of a class… Read more »
The price tag on a Boston-based firm’s acquisition of four West End office buildings reached eight figures. Grander Capital Partners, through Glen Forest Richmond LLC, paid $14.25 million for 7110 Forest Ave. and 7200, 7202 and 7204 Glen Forest Drive, according to Henrico County records. The sale closed May 4 and was reported by BizSense… Read more »
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