TForce Freight is putting its Richmond headquarters at 1000 Semmes Ave. up for sale, a move that could free up eight acres of prime real estate south of the river.
Swath of Manchester up for grabs as former UPS office building set to hit the market
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.
3 Monkeys in the Fan under new ownership
The longtime Main Street restaurant and bar has been taken over by the man who brought Charleys Philly Steaks to Richmond last year.
Old Wigwam Motel site reinvented as Wigwam Crossing shopping center in Hanover
“We found one of the old menus from the original Wigwam with a western T-bone steak for $3 and shrimp cocktail for 90 cents,” said Mark Motley. “There’s a lot of nostalgia in there.”
Hourigan sells Lowe’s-anchored Southside warehouse for $128M
The 1.2 million-square-foot industrial facility sold for $106 a foot to a California-based REIT. It’s the second biggest real estate deal in the city this year.
Thalhimer snags more property around Diamond District
A $4.6 million purchase gives the firm control of around three acres at the intersection of Rhoadmiller Street and Hermitage Road. It also just bought an industrial property in Chesterfield for nearly $8 million.
CoStar breaks ground on $460M riverfront office complex
The real estate data giant kicked off a project that will bring 750,000 square feet of new space and 2,000 more employees near Brown’s Island.
Dozens of homes around Libbie Mill to be demolished for project’s next phase
If you’ve noticed holes and other odd blemishes in the façades of the 1950s-era homes around Libbie Mill, there’s a reason for their state of disrepair.
Capital Square drops $1M for site of future HQ in Short Pump
The firm said it will finish designing the 65,000-square-foot building and time the beginning of construction “when market conditions are more favorable.”
Firm known as a shopping center fixer buys grocery-anchored strip in Chesterfield
“We have a long relationship with Food Lion, so when they have a distressed property we’re basically their white knights in that case,” said Will Whitley of New South Properties.
Sauer Center developer snags ‘last piece of the puzzle’
With the acquisition of a holdout parcel, Sauer Properties now owns 38 contiguous acres in the area bounded by Hermitage Road, Allen Avenue, Broad and Leigh streets.