The 230-unit complex sits about a mile south of Willow Oaks in the city’s Southside. The new owner is Highwater Properties, a Los Angeles-based investment firm with 620 units in its portfolio.
Weinstein sells Southside apartment complex for $35M
Mike Platania
Mike Platania joined BizSense in December 2016. He covers commercial real estate, restaurants and breweries. He graduated from Virginia Tech. Reach him at [email protected] or (804) 554-6872.
Polpetti sandwich shop owners to convert Meadow St. storefront into ‘legit Italian deli’
“Opening a deli has always been the end game for us,” said Georgia. “We really want to make a splash and put our names out there and say, ‘Okay, we’re here. This is the Italian bakery and deli everybody’s been looking for.’”
Thalhimer drops $4M for former Wells Fargo site across from Scott’s Addition
The 1-acre parcel is in a prime location across from Scott’s Addition and sits next door to another of Thalhimer Realty Partners’ buildings.
Project Snapshot: Redevelopment of Saint Gertrude school nears the finish line
The former high school is being transformed into the Abby on Stuart apartment building, with 39 units renting for around $1,900 for a one-bedroom to $7,300 for a four-bedroom, three-bath, 3,000-square-foot unit.
Wegmans-anchored Stonehenge Village sells for $62M
It’s the second time the retail center has changed hands in the last 18 months. The price tag on the previous sale was for $53 million.
Mom’s Siam restaurant family trying new concept in former Pik Nik space in the Fan
“Pik Nik closed during Covid. We took a break and now we have more energy,” said Joe Kiatsuranon, who owns the family’s restaurants with his brother Sonny and mother Sukanya Pala-art.
Shake Shack is coming to Short Pump
The New York-based burger chain is preparing to open its third Richmond-area location, this time at the new West Village development at Broad and Gayton.
Demolition clears VCU-area lot planned for 3-story mixed-use building
The former Shawarma Shack and Cloud Hookah building is gone and will be replaced by two floors of apartments over a ground floor commercial space.
Kuba Kuba Dos shutting down, sold to owner of nearby Bistro 804
The Cuban restaurant will close its location in the Tuckahoe Shopping Center this weekend after nine years in business there and be replaced by a new concept from Nader Hagez, owner of Four Brothers Bistro and Bistro 804.
Lobster roll chain opens in Midlo, comes back for seconds in Short Pump
Mason’s Famous Lobster Rolls is preparing to open a Short Pump location at 11761 W. Broad St. in The Shoppes at Westgate.