The strip center changed hands as 2024 came to a close, adding to a flurry of over $320 million in year-end commercial real estate deals.
Trader Joe’s-anchored Short Pump shopping center sells for $55M
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 mike@richmondbizsense.com or (804) 554-6872.
New Thai spot taking over former Tio Pablo space in Shockoe Bottom
Yak Yai Thai will be the first restaurant venture for husband and wife Ken and Marinda Sourinphoumy, and Ken’s sister, Charintip Wiphatwibulkit.
Industrial real estate sector stays hot with $67M deal near RIC
The deal adds to more than $300 million worth of industrial sales in eastern Henrico in the last few months.
NoVa firm snags Southside apartment complex for $47M in year-end deal
Transaction volume in the region’s multifamily real estate market seems to be continuing to pick up momentum as a Southside apartment complex fetched eight figures just before the calendar turned over.
Richmond water crisis has local booze industry on the rocks
When water is the main ingredient of your business’s main product, a boil advisory is “pretty much a worst case scenario.”
Qdoba leaving longtime VCU-area Broad St. spot for nearby storefront on Grace
The chain’s new Grace Street space will be on the ground floor of an under-construction mixed-use building that’s being developed by the Abouzaki family.
Thalhimer ends the year with $75M Westwood area industrial deal
The fully leased 14-building property spans 55 acres northwest of the Topgolf off Westwood Avenue and totals around 642,000 square feet in buildings that were developed throughout the 1980s and 90s.
Superstars Pizza owner planning new deli, catering hub in Museum District
Superstars owner Taylor Antonelli said they haven’t finalized all the details on what the public-facing concept would be, but city planning documents list it as Antonelli’s Deli and is described as a “neighborhood pizzeria/delicatessen.”
Scott’s Shawarma serving up new spot in Jackson Ward
It’s the latest move for owner Mahmoud Farah, who first opened Scott’s Shawarma in Scott’s Addition in 2022, before moving that location to to the Fan last year.
New details revealed for planned Genworth campus redevelopment
Baltimore-based Greenberg Gibbons envisions 975 apartments, 200 for-sale residences, more than 500,000 square feet of commercial space, and 425 hotel rooms across the 45-acre campus.
