A New York-based real estate investment firm is taking a big bite out of western Henrico’s apartment market after picking up about 700 units in two purchases totaling $143 million.
Commercial Real Estate
Revolving Fan restaurant space now serving poke
A Fan storefront has been reborn as a Japanese eatery following a Korean joint’s recent closure.
Richmond packaging startup finishes $13M capital raise
Fresh off expansions both locally and in the desert, a local packaging startup has hauled in eight figures’ worth of new capital.
Long-vacant Midlothian buffet fills up once again
Captain Don Julio, a new all-you-can-eat Tex-Mex restaurant, is stuffing itself into a former Chinese buffet.
Updated: Hanover lands $175M Wegmans distribution facility, regional HQ
The expanding national grocery store chain plans to build a 1.1 million-square-foot facility, beside the Hanover County airport, that is expected to create 700 jobs.
Industrial park plan approval worries neighbors in Hanover
Plans for an industrial park in central Hanover County are prompting a challenge from a neighboring subdivision, whose residents are wary of sharing a two-lane road with truck traffic that would be routed directly across from the neighborhood’s main entrance.
Developers of The Current in Manchester strike management deal
Foraging for more urban territory, two property management firms that typically do the bulk of their local business in Richmond’s suburbs have been enlisted to fill a new mixed-use development in Manchester.
120-home Westlake Heights project gets underway in the city
Already busy on other projects throughout the region, a newer name in the Richmond area’s residential development scene is getting going on its next subdivision, on the first tract of land it purchased as a company.
One law firm out, another in across from Scott’s Addition
Phelan Petty bought the building at 3315 W. Broad St. for $975,000 earlier this year from law firm Geoff McDonald & Associates.
Chesterfield to get a $2M Pet Paradise
Not to be outdone by their furry friends in Henrico, canines in Chesterfield are about to get their chance at the bone-shaped swimming pool treatment.