Thalhimer had purchased the 66-unit complex out of foreclosure 10 years ago for $2 million. The buyer is out of Massachusetts.
Thalhimer sells Riverside Drive apartments for nearly $8M
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.
Julep’s owner readies new Lakeside restaurant
Nearly four years later, delayed but undeterred by the pandemic, Amy Cabaniss and Cory Chaney are set to open Revel Market and Bar at 6223 Lakeside Ave.
Giavos restaurant family buys old Lafayette Pharmacy building
The owners of the neighboring Stella’s Grocery and over a dozen other local food spots are still weighing their plans for the space on Lafayette Street.
Nichols brothers grab more Scott’s Addition real estate
The prominent neighborhood landlords and former HandCraft Cleaners owners bought the Roy’s Electric Motor Sales & Service, which is also run by a set of brothers.
Robin Inn to be replaced by new restaurant
A former co-owner of Brenner Pass in Scott’s Addition and a co-owner of Cobra Burger in Church Hill are opening Stanley’s RVA in the Fan.
Arby’s on West Broad is razed to make way for Wawa
While the old Arby’s cowboy hat sign still stands, the land near Willow Lawn has been cleared for what would be the region’s 33rd Wawa location.
Kleyman, Dodson to replace old BofA branch on Forest Hill Ave. with apartment project
Daniil Kleyman and Duke Dodson are planning a 3-story mixed-use building at 4701 Forest Hill Ave. with 40 apartments and commercial space.
Developer puts Scott’s Addition apartment project on hold, up for sale
In a rare occurrence for one of the city’s hottest neighborhoods, a developer is pumping the brakes on a new apartment project in Scott’s Addition.
Pending sale of Mayo Island gets $7.5M boost from state grant
The nearly $12 million price tag to reshape the future of Mayo Island just got a lot more manageable for its prospective buyer. The Virginia Department of Conservation and Recreation last week awarded a $7.5 million grant to help fund the purchase of the 15-acre downtown island at 501 S. 14th St. and convert it… Read more »
No roof? No problem, for $1M real estate deal along Arthur Ashe Blvd.
The property was once part of a 20-building assemblage of similarly sized apartments throughout the Fan and Museum District that was previously owned by imprisoned local landlord Billy Jefferson.