In an attempt to free up its Scott’s Addition real estate for redevelopment, a D.C.-based firm is questioning a Richmond judge’s ruling.
Commercial Real Estate
Performance Food Group in lease dispute with landlord of Henrico warehouse
A lawsuit shows how a two-decade business relationship has soured between Performance Food Group and the landlord of the company’s Henrico distribution center.
Yoga studio owner was winning bidder in auction for downtown’s Branch Building
The identity of the mystery buyer of the six-story, 158-year-old Main Street office building has been revealed.
Local real estate finance firm hunts for deals after lining up $50M war chest
The Innsbrook-based company said it was recently tapped to be the steward of a $50 million pool of outside capital that’s to be put entirely into commercial real estate transactions.
Wealth management firm starts making its own real estate deals with Museum District acquisition
The firm financed the deal by raising funds from its clients, who are now part-owners of the building and will earn the lion’s share of the returns.
Maryland developer under contract to buy Scott’s Addition site for 5-story project
The former Richmond Machinery & Equipment Co. site at 1701 Roseneath Road was previously eyed by locally based Blackwood Development in a deal that fell through.
Capital Square pays $11M for 2-acre Scott’s Addition assemblage
The Innsbrook-based firm has set a new high bar of $5.2 million for per-acre land grabs in the sought-after neighborhood. It’s planning a building of up to 8 stories for the site.
Signs point to Whole Foods as anchor of tweaked Midlothian Depot project
A new rendering filed this month refers to the grocery anchor as an “organic food market.” SJC Ventures has developed other projects that feature grocery stores, and most of them are Whole Foods locations.
Data center expanding in Meadowville Tech Park as operator eyes nearby Cartograf site
An Irish firm is looking to build two additional data centers in Chesterfield’s Meadowville Tech Park, including one atop the disputed site of an unfinished industrial project.
Church at Grove and Malvern soliciting interest from developers ahead of move
“We’re pretty small, which is why we needed to ask different questions about this big space that we have,’” said Rev. Hollie Woodruff of Seventh Street Christian Church.