The HVAC company bought the property at 3106-3206 Lanvale Ave. for $6.8 million from Power Systems & Controls, which moved to the former Cadmus Specialty Publications facility.
Commercial Real Estate
JewFro eatery goes from pop-up to permanent home in Shockoe Bottom
The restaurant will open at 1719-1721 E. Franklin St. in a space formerly occupied by Julep’s New Southern Cuisine for more than a decade.
Caravati’s building in Manchester sells for $2M ahead of apartment conversion
Four local developers plan to preserve the 97-year-old structure by turning it into a 42-unit complex dubbed “The Rails.”
Real estate law firm KaneJeffries expands to Midlothian via acquisition
Sonny Hughes, a nearly four-decade veteran of the Richmond legal scene, opened the door by retiring.
Powhatan eatery Four Seasons, cycling gym to open spots in Midlothian
The restaurant and fitness chain Cyclebar will join Winterfield Crossing, a mixed-use development anchored by an Aldi grocery store.
VCU buys Belvidere parcels for $5M to add to holdings near Monroe Park
The 9,200-square-foot brick office building and an adjacent surface parking lot are already used by the university and no changes are planned.
Trader Joe’s-anchored Short Pump shopping center sells for $46.7M
The deal appears to be the first in the Richmond region for Wafra, a New York investment firm with $2.9 billion in assets under management.
Office supplier on cue with purchase of billiards company C.P. Dean
The deal was a break for the owners’ daughter, a recent college grad who will serve as president. The former owner will stay on as an employee.
Beauty salon takes shape on Brookland Park Boulevard
A local stylist decided to open her own salon, Hand & Mirror Hair Studio, in a space previously occupied by Tommie’s Barber Shop.
New muffin-focused bakery and cafe popping up near Innsbrook
The My Favorite Muffin chain is making its Virginia debut at 10174 W. Broad St. in the Lexington Commons Shopping Center.