The company is moving back to a building it emptied when it laid off hundreds of area workers.
Commercial Real Estate
Snagajob snagging new digs?
Local job-posting company Snagajob is looking to lease more office space in Innsbrook, according to sources close to the deal. The company recently raised $27 million in venture capital and plans to hire 100 employees.
A tiara, a sash and lawsuits against local restaurants
A new plaintiff is suing local businesses over wheelchair accessibility issues, but this one wears a crown.
Bank of America buying site in Eastern Henrico
A major employer in Richmond has plans to add a new financial services processing center in a mostly industrial part of Henrico County.
Local firm sues art museum architects
Hankins & Anderson says it was shorted hundreds of thousands of dollars for work on the newly renovated Virginia Museum of Fine Arts.
Investor gives building a future, finds treasure from the past
A half-finished apartment project left in the wake of the Justin French fiasco has been bought by an investor who plans to finish the project this summer.
Pipeline: Commercial Real Estate Round Up for 2.25.11
A closed Steak & Ale restaurant on West Broad was sold, while the Leukemia & Lymphoma Society leased 3,500 square feet and The National White Collar Crime Center leased 16,000 sf. And a small law firm leased 1,000 square feet on Monument Ave.
Nothing golden about it
A Chesterfield housing development that caters to senior citizens has fallen, and it can’t get up. And now the few residents of the unfinished neighborhood are hoping a new developer comes in to help revive the stalled project and revive their dreams of a stress-free retirement.
Forecast for how local CMBS loans will play out: hazy
The delinquency rate for commercial real estate loans is climbing in Richmond. That could mean more distressed property will hit the market this year as lenders get tougher on borrowers. And that, in turn, could mean a few more bargain-basement prices for investors willing to bet on a recovery.
‘This one was extra attractive’
A troubled real estate firm has sold a shopping center it owns in Henrico County.