Commercial Real Estate

After a stint on the auction block, a Henrico County office building is back on the market.

A massive Coke deal has gone down in eastern Henrico. The 300,000-square-foot Coca-Cola bottling plant at 500 Eastpark Court in Sandston was purchased earlier this month for $14.3 million. The buyer in the Feb. 3 deal was Charlotte, North Carolina-based Coca-Cola Bottling Co. Consolidated (CCBCC), which is an independent company that operates outside of the… Read more »

Continuing to bounce back two years after foreclosure, a shopping center near Innsbrook has been sold to an out-of-town real estate firm.

With opponents from the other side of the aisle already on the ground in Richmond, at least one member of the Grand Old Party has set up shop in town as part of his bid for the Republican presidential nomination. Kasich for America opened an office last week at 5411 Patterson Ave. in the West… Read more »

A chunk of downtown office space totaling nearly 1 million square feet has landed on the auction block. The James Center, consisting of three towers at 901, 1021 and 1051 E. Cary St., is scheduled for a March 8 foreclosure auction on the courthouse steps, according to a legal notice, after the buildings’ owner defaulted… Read more »

Hull Street fever is spreading further through Manchester. The Plains Management Co., based out of Plains, Virginia, is renovating three buildings at 1309-1315 Hull St. with plans to add four commercial spaces and 14 apartments. The properties sit just a storefront away from builder RJ Smith’s Urban Charm development, which will add another four commercial… Read more »

Update: Story has been updated to include a comment from the Clinton campaign. With the primary elections in full swing, presidential campaigns are scooping up space around Richmond. Bernie 2016 moved in earlier this month to a 1,700-square-foot space in the Daniel Call House at 217 W. Grace St. The campaign for the Democratic senator… Read more »

Bon Air is the new hotspot for big senior living deals. The Laurels of Bon Air at 9101 Bon Air Crossings Drive was sold to a Maryland-based real estate investment trust for $30.2 million in a deal that closed Feb. 3. The 55,000-square-foot property was purchased by an affiliate of Omega Healthcare Investors, a REIT… Read more »

With its apartments nearly full and its commercial space set to debut next month with a new restaurant, the recently renovated East End Theater is in full swing.

A pair of experienced local restaurant owners is the latest to take the leap into Scott’s Addition. Jay Shah and Joel Gilbert purchased the former SunTrust Bank branch at 3022 W. Broad St. on Feb. 16 for an undisclosed sum. Shah, an executive at locally-based Shamin Hotels, said he and Gilbert are still deciding what to… Read more »