Citizens Bank signed a long-term lease in 2019 for the entire 120,000 square feet for its local headquarters. The new landlord likes banks’ low default rates.
Mike Platania
Doctors buy former Mojo’s Philadeli building near VCU for $790K
The building that formerly housed the bar and restaurant at 733 W. Cary St. sold for $40,000 more than what the sellers paid for it in December.
Lacy-owned properties on Arthur Ashe Blvd. being sold for apartment project
The five parcels, which total 3.3 acres and are assessed at a combined $9 million, currently house Cort, Tilt Creative and Buz and Ned’s Real Barbecue.
Brothers turning Brookland Park Market into a sit-down restaurant
After selling groceries, beer, wine and sandwiches, Sean and Pat Lynch decided to pivot to fine dining.
Hourigan breaks ground on Deepwater Industrial Park off I-95
The developer bought the 110-acre parcel in 2017 and is planning a multi-phase project with around 1.2 million square feet of warehouse space.
Carytown’s New York Deli hits funding goal for rooftop event and movie venue
Instead of getting a bank loan, the owner of New York Deli launched a Kickstarter campaign and raised more than $170,000 for the project.
Lillie Pearl owners cooking up fried chicken concept in Short Pump
The couple behind the year-old downtown eatery will open Buttermilk and Honey in the West Broad Marketplace as well as a forthcoming food hall in Manchester.
Uber co-founder’s ghost kitchen startup buys into Scott’s Addition
An entity tied to the parent company of Travis Kalanick’s Cloud Kitchens paid $750,000 for the building at 2812 W. Broad St. next to the Hofheimer Building.
Wine & Beer Supply toasts to merger with New Jersey counterpart
The Ashland-based provider of booze-holding cans, bottles and glassware joined forces with Gino Pinto, giving customers access to bulk grapes, juice and winemaking equipment.
Six buildings sell for total of $72M in pair of regional office deals
A five-building portfolio in the Boulders and Moorefield Business Parks in Chesterfield sold for $39.5 million, and in Henrico, the Brookfield Commons at 6600 W. Broad St. sold for $32.5 million.