“Sometimes you got to sell. The market just seemed too frothy for us,” said Mark Slusher, principal at Thalhimer Realty Partners.
Commercial Real Estate
City looks to extend TOD zoning along Southside commercial corridors
“The prospect of being able to take a BRT from Chesterfield Towne Center into the city on Midlothian Turnpike is a gamechanger. That would be huge for my district, to be able to go out and work in the counties,” said Councilman Michael Jones.
$1.9M land deal sets stage for assisted living facility beside Tuckahoe YMCA
The $23 million Hampton Manor project next to Maybeury Elementary is one of three in the works in Virginia for Build Senior Living. The others are in Williamsburg and Chesapeake.
Penny’s Wine Shop to join reopened Stoplight Gelato in Jackson Ward
The store is an offshoot of delivery service Richwine and will share the Brook Road building with the gelato shop, which is set to reopen after a two-year closure.
Chesterfield County approves grant agreement for $323M surf pool-anchored development
Developer Brett Burkhart called the board’s vote a “major milestone” and said it was the final piece needed to get the years-in-the-making project moving.
Stratford Hills to get a Sheetz
A building at the Southside shopping center will be razed to make way for the gas station and convenience store chain’s latest outpost.
Can Can owners expand downtown with new cafe in Library of Virginia
“Bringing that same (coffee) service in a gorgeous space with great Wi-Fi is kind of our offering to that business community,” said co-owner Paul Kincaid.
Guest Commentary: ‘Moaning over the loss of a great view will solve nothing’
In Manchester, the folks at Legend Brewing Co. are understandably concerned about a high rise proposed across the street.
D.C.-based firm snatching up Richmond area’s vacant SunTrust/BB&T branches
Madison Marquette has acquired three such properties in the region this year, including two in recent weeks, using a fund that seems to invest exclusively in empty bank branches.
Owner of the Fan’s El Pope restaurant opening brunch spot up the street
“It’s going to be a completely American classic brunch,” Mario Alvanes said of his new venture, The Nest Brunch Cafe.