A national grocery store chain has unloaded a Chesterfield shopping center it picked up two years ago in the wake of a high-profile merger involving its parent company.
Chesterfield retail center sells for $18M
Commercial Real Estate
Chopt inks lease in Trader Joe’s-anchored Short Pump shopping center
The salad-centered restaurant chain already has a location in Willow Lawn and another in the works downtown in the James Center.
Oliver Lawrence properties fetch $1M to cover bankruptcy payments
With the recent sale of some of his real estate holdings, an area landlord appears to be making good on the terms of a settlement agreement in his ongoing personal bankruptcy case.
Mid-rehab, Chamberlayne apartment portfolio put up for sale
In the midst of rehabbing nearly 700 units, the owner of an apartment portfolio along a stretch of Chamberlayne Avenue is testing the market a year after picking up the properties in a court-ordered sale.
PartnerMD inks deal for new GreenGate location
The lease brings together two Markel-owned firms, as both PartnerMD and GreenGate’s developer are owned by the Innsbrook-based insurance giant.
Twin 11-story towers planned for Manchester riverfront; sky bridge included
Guy Blundon and Mark Purcell are behind the $75 million project, which would feature two towers connected by a sky bridge that will double as the neighborhood’s newest event space.
Mixed-use development underway at UMFS campus
Site work has begun for 250 apartments and a Courtyard by Marriott hotel along West Broad Street. Spy Rock Real Estate leads the development.
CBD shop to blossom in the Fan
The space at the corner of West Cary and South Shields streets had been home to Woody’s Inn restaurant, but has been vacant for years.
BofA to shutter Stonebridge branch
The future of the 1.3-acre outparcel on the former Cloverleaf Mall site remains unknown. The bank leases the property and it is owned by a group out of North Carolina.
Sprout School to take root in shuttered Manchester church
The school’s move will free up the YWCA to carry out a nearly $6 million renovation of its downtown facility at 6 N. Fifth St.