Michael Thompson

Va. Beach developer bites on former DGIF headquarters

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The three-building, 7.4-acre former West Broad Street headquarters of the Department of Game and Inland Fisheries is now in the hands of an out-of-town developer. Virginia Beach-based Kotarides Developers paid $5.1 million to purchase DGIF’s former campus which spans 3900-4016 W. Broad St. The March 31 deal comes about five months after Kotarides filed a… Read more »

New brewhouse cleared for takeoff at RIC

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A new beer-centric restaurant is on tap for Richmond International Airport, capping off two years of renovations and updates to RIC’s food spots and watering holes. Cross Grain Brewhouse plans to open by July in the airport’s Concourse A. The 1,900-square-foot restaurant will open in space formerly home to Sam Adams and Vito’s Market. The… Read more »

Loan on stalled Libbie project changes hands

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With construction stalled and future residents still waiting for their homes to be completed, the saga of a high-end Richmond condo project has taken yet another twist. The loan on the long-delayed Tiber development at Libbie and Guthrie avenues has been purchased from its original lender by a group that includes John K. George, who… Read more »

Henrico hospice operation office up for grabs

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An Alabama-based hospice company has made the first bid to take over a bankrupt competitor with offices in Richmond. Hospice Partners of America made a $5.5 million bid for the Virginia and Texas assets of Florida-based American Hospice Management Holdings LLC. Included in the deal is Hospice of Virginia’s 76-person office at 1700 Bayberry Court… Read more »

Taco truck titan takes on former Belvidere at Broad space

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Having built a following with his taco-centric food trucks, Patrick Harris is trying his hand at a more upscale venture in a long vacant property at the crossroads of Broad Street’s ongoing downtown evolution. Harris, who owns a fleet of Boka Tako trucks, as well as Boka Tako Bar in the Fan and Southside’s Boka… Read more »

Tesla finds its spot on Broad Street

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While waiting for the green light from the DMV to open a dealership in Richmond, Tesla isn’t sitting idle in its hunt for local real estate. The electric carmaker, which has sparked controversy among the state’s auto dealer industry in recent weeks, has leased the 30,000-square-foot property at 9850 W. Broad St. The Broad Street… Read more »

Curtains to close on Boulevard business

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The owner of a decades-old furniture and upholstery company is closing the business after 10 years on the Boulevard, but she’s not letting go of her real estate in the increasingly busy neighborhood. Whetstone Upholstery & Interiors’ last day of business at 1122 N. Boulevard will be April 22. Owner Madalyn Hopkins said she had the business… Read more »

Bumpy road for Tesla’s drive into Richmond

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Lawyers for electric car maker Tesla squared off with the Virginia Automobile Dealers Association on Thursday over whether the Palo Alto, California-based company should be allowed to open a dealership in Richmond. With a gallery of at-times vocal supporters behind it, Tesla’s goal at the hearing was to persuade the Virginia Department of Motor Vehicles… Read more »

The Pipeline: Commercial real estate roundup for 4.1.16

A fried chicken chain sets its sights on Wyndham Forest, a vacuum truck rental company secures warehouse space in Chesterfield, and two industrial companies grab 7,000 square feet each in Richmond and Chesterfield in this week’s roundup.

Web design firm upgrades in Manchester

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A local web designer is expanding its Manchester offices, signing on as the latest tenant in the redevelopment of the former Reynolds South plant. CO+LAB plans to move June 1 to 409 Bainbridge St. in City View Landing, the new name of the 17.5-acre mixed-use development taking shape in the former Reynolds Metals plant along… Read more »