As it shifts over to new ownership, a local car dealer has sold its land on West Broad to its new operator for a sizable price tag.
Commercial Real Estate
“We had a green light and 36 hours later the world fell apart, and so did the deal,” said owner Greg Johnson.
A major mixed-use project across from Rocketts Landing has taken another step toward blasting off.
The second phase, which will include a $40 million apartment complex, received zoning approval in 2016, but activity at the site only started in recent months.
The chain still has one location remaining in the region at Reynolds Crossing. And a new tenant already has been lined up for its space in Short Pump.
For the second time in six years, an out-of-town firm has dropped eight figures on a trio of West End office buildings totaling 116,000 square feet.
Bruce’s Super Body Shops renovated its Midlothian Turnpike location to mirror its other outposts in the West End and Williamsburg, including installation of a large glass dome.
The six-story, 53-unit building will rise next to the existing Centennial Apartments building at the southwest corner of Main and Sixth streets.
A developer known for its “two-over-two”-style condos is continuing to add to its workload in Henrico, while a local firm’s project on the other side of the river would add hundreds of such units in the heart of Midlothian.
The trustee overseeing the bankruptcy liquidation of toppled Richmond law firm LeClairRyan has brought in some hired guns.