Formerly known as the Jefferson Bank building, it was redeveloped nearly 10 years ago and includes 42 apartments and office space.
Commercial Real Estate
Bermuda Square Starbucks building sold to investor for $1.4 million
The buyer’s Virginia portfolio also includes Firestone and Sonic locations in Henrico and Colonial Heights.
C-ville firm plants flag in Scott’s Addition; Austin, Texas-based startup moving to Manchester
Babylon Micro-Farms builds hydroponic systems for indoor farms and Vytal Studios creates new employee training and orientation content for companies.
Ashland EDA to raze Apple Garden Inn after buying it for $765,000
Officials plan to knock down the dilapidated motel off I-95 to pave the way for a new restaurant or hotel to take its place.
Glenwood Golf Course under contract to developer planning 320 homes
“We’ve had offers on this golf course before. It’s far from a done deal,” said Harry Griffin, co-owner of the oldest public golf course in metro Richmond.
Truist Bank closing dozens of Virginia branches, including 10 in Richmond
The merger of banking giants SunTrust and BB&T created large-scale branch overlap and consolidation has begun.
City reaches deal for redevelopment of Public Safety Building site
Capital City Partners has proposed a 20-story, VCU Health-anchored tower and mixed-use office complex on the 3-acre property at 500 N. 10th St.
Short Pump Town Center co-owner buys assisted living facility for $20M
The 234,000-square-foot Sunrise Villa Tuckahoe was purchased by Brookfield Properties but will continue to be run by McLean-based Sunrise Senior Living.
4-story office building to be next phase of Whole Foods-anchored Sauer Center
A 53,000-square-foot building will rise on a pad site at 2222 W. Broad St. behind the CarMax-anchored Putney Building and feature a rooftop deck for gatherings.
National gym chain CityRow joins lineup at Publix-anchored Carytown Exchange
CityRow, a national fitness studio offering rowing machine-based fitness classes, has leased about 2,000 square feet.