The Manchester skyline is due for another new addition at the hands of a South Carolina-based firm that a few years ago tried to get in on the boom in Scott’s Addition.
The founder who ran the IT firm until 2018 has returned to the Scott’s Addition-based company as its CEO.
It’s the third time since the start of the pandemic that a national restaurant brand has exited the neighborhood.
The Richmond family known for its grocery store chain and boutique hotels purchased 2008 Libbie Ave. for $1.17 million.
Bruce Vanderbilt purchased the Stationhouse Apartments building at 207 N. 3rd St. for $1.14 million.
While Chris Ripp couldn’t keep it in the family, he found a way to make sure the longtime Carytown restaurant remained a family business with attentive owners.
Western Express Inc. last week purchased 15.5 acres worth of industrial properties at 5600 Midlothian Turnpike and 218 Erich Road.
SNP Properties plans to redevelop the building into 10 apartments above a ground-floor retail space that has long housed clothing shop Style Plus.
The Patterson restaurant is one of about 300 nationwide to shut down due to the bankruptcy of the brand’s largest franchisee, NPC International.
The 24-unit property sold for $133,333 per door. The Maryland-based buyer also has a medical office building in Henrico under contract.