Snipes Properties had been displaced by the wake of foreclosures left by developer Justin French.
Commercial Real Estate
Banks go after one another in French fiasco
Two more Virginia banks are trying to recover millions squandered on incomplete historic renovations by Justin French. Only this time the banks didn’t lend directly to French.
‘We are continuing to sign leases’
A Chesterfield shopping center is adding a handful of big chains, including Dick’s Sporting Goods and 5 Below.
Broad Street demo plans on hold
It has been more than two years since the CommonGroundz coffee shop closed, and the space has sat vacant, aside from the apartments upstairs.
More foreclosures in French’s portfolio
Another bank is foreclosing on some of developer Justin French’s property, and it could leave the tax credit investor in the lurch.
Do you have the receipt?
Despite having a profitable year so far, the owner of Regency Square has decided to stop paying its mortgage on the West End mall.
Renovations on tap at former Richbrau location
Some of the top honchos who used to run Wachovia Securities will again be working downtown after their growing startup leased space in a vacated Shockoe Slip brewery.
Commercial broker expands east
A local real estate brokerage recently opened a new office in Hampton Roads with the hiring of a seasoned broker there.
Short Pump shopping center snapped up
Out-of-town investors close on one of the biggest deals this year in commercial real estate.
Think there’s nothing left in the Slip to convert?
One of the last undeveloped buildings in Shockoe Slip is getting the rehab treatment. And the developer is moving full steam ahead on several other projects in the same neighborhood.