For its third move in three years, a tech company is joining the swarm in Scott’s Addition, in a building being revamped by a prominent Richmond real estate firm.
Tech firm adds to Scott’s Addition buzz
Commercial Real Estate
Familiar buyer lands Billy Jefferson Manchester holdout
The last substantial piece of imprisoned local developer Billy Jefferson’s holdings was purchased by the same companies that purchased his River City Renaissance portfolios last year.
Peek under the shade: See local lighting company’s new HQ
A lighting, rug and furnishings seller has fully powered up its recently constructed headquarters, freeing up some prime real estate near The Diamond in the process.
$1M office deal lands Carytown firm in Deep Run
After more than a half-century in Carytown, a windows and doors company is installing itself in Henrico County. Richmond Window Corp. is moving in August to 3895 Deep Rock Road near the Deep Run office complex. Owner Page Ewell paid $987,000 for the 9,300-square-foot office and warehouse. He bought the property this month through PIII… Read more »
Local firm unlocks new HQ
A local security company has unhinged itself from cramped quarters in Chesterfield County and more than doubled its space less than a mile up the road. Richmond Security, an electronic and mechanical security provider, held a grand opening last week at its new 7,000-square-foot facility at 491 Southlake Blvd. The company previously leased about 3,000… Read more »
CarMax shows off new downtown digs
The music venue past of CarMax’s new offices at the Lady Byrd Hat building in downtown Richmond wasn’t lost on the company in its design of the space.
Warehouse conversion plan returns – with tax credits and compromise
Plans to turn a warehouse near Hardywood Park Craft Brewery into apartments have resurfaced and are progressing through the city review process. Developers David White and Louis Salomonsky of Historic Housing have brought back their proposal for an apartment conversion at 1650 Overbrook Road – a century-old former tobacco warehouse across the street from the… Read more »
Carytown building gets offer it couldn’t refuse
A former bank building in Carytown is under new ownership and a bike shop has hit the brakes on its storefront in the popular shopping district. Maryland-based Hyman Roth LLC purchased 3426 W. Cary St. on June 10, paying $975,000. The 2,310-square-foot building once housed a Wells Fargo branch and a salon. It sits on… Read more »
Scott’s Addition soaks up more office users
A local staffing company and a real estate firm are bringing more business to Richmond’s sudsiest neighborhood. Daybreak IT Solutions, a seven-year-old IT staffing company, and real estate team The RVA Group signed leases this month for two of the units in the forthcoming 26,000-square-foot Gather building at 2930 W. Broad St. The companies won’t… Read more »
Pair of apartment deals top $40M
Two local apartment complexes have changed hands in a deal that also includes a Newport News property. Lerner Enterprises in recent weeks sold its Wilde Lake Apartments, Hanover Crossing Apartments and Chesapeake Bay Apartments properties to Drucker & Falk, a real estate company with offices whose Virginia offices are located in Richmond and Newport News,… Read more »