In a different deal, a Philadelphia firm bought a VCU Health-anchored warehouse for $8 million.
Commercial Real Estate
The Richmond-based utility giant has decided not to build 700 Canal Place, planned for 17 stories with 900,000 square feet on the site of its former One James River Plaza building.
The Capital Region Land Conservancy announced Thursday that it is under contract to purchase the 5.2-acre parcel at 3011 and 3021 Dock St.
Third Eye Comics is relocating to a new storefront within Creighton Crossing shopping center after nearly three years elsewhere in the same retail strip.
A 120-acre plot at 5901 Richmond Henrico Turnpike sold for $7.7 million and a vacant 223,000-square-foot warehouse at 4300 Carolina Ave. sold for $7.8 million.
Pasta concept Oro will join Buttermilk + Honey, Fat Kid Sandwiches and Sincero in The Current in Manchester.
The owner of Bermuda Square shopping center has been selling off portions of the retail strip since acquiring it in 2019.
The new section totaling 655,000 square feet of Class A space will make up Northlake II, a 63-acre site next to the General RV Center along I-95 in Hanover.
The 2,000-square-foot former auto upholstery shop at 1004 N. Sheppard St. will soon be converted into a sort-of display case for Neo-Classic Cars.
Trail Hut buys and sells used backpacks, hiking boots, clothing, tents and cookware, and does repairs.