Dallas-based Hillwood Enterprises is planning a 2.6 million-square-foot industrial complex and the online retailer will take 120 acres of the 247-acre site.
The homegrown startup’s move from a smaller space on the Southside follows Spy Rock Real Estate Group’s purchase of the site on Ellen Road last fall.
The 111-year-old building was first listed for sale in 2019 and the seller, who bought it in 2016 but had owned the cafe since 1995, said she feels liberated to have sold it.
Grub LLC, owner of the nearby Trojan Grill, decided to open another concept in the former Colonial Kitchen & Market space to keep competitors away.
The City Council will consider a special-use permit after the Planning Commission recommended allowing a larger space for a brewery at 520 N. 25th St.
In a different deal, a Philadelphia firm bought a VCU Health-anchored warehouse for $8 million.
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.
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