One deal will help create a new office for a fast-growing local startup. The other gives the developer an extra piece for its nearby Hardywood-anchored project.
Commercial Real Estate
Colliers moving Richmond HQ from Reynolds Crossing to Holland Tower
The commercial real estate brokerage is leasing 27,500 square feet on the top floor at 2221 Edward Holland Drive, a space formerly occupied by Kinsale Capital Group.
Capital Trail 7-Eleven to be demolished, replaced with new store
The 50-year-old store at 1125 New Market Road, along with a neighboring building, will be razed so a new 3,000-square-foot store and an eight-pump fuel station can be built.
Clachan Properties makes another buy in Scott’s Addition
The Shockoe Slip-based firm bought 1607 Highpoint Ave. for $810,000. The 0.1-acre site houses a 4,900-square-foot industrial building.
Architects draw up Manchester move amid ownership change
Cornerstone Architects is preparing to relocate from 23 W. Broad St. in the Arts District to the Aragon Coffee Building at 211 W. Seventh St.
Coffee and ’cue concept takes over former Black Hand space in Brookland Park
The Smokey Mug was created as a coffee shop-restaurant combo designed to adapt to the pandemic.
New-to-market appliance retailer to open near Chesterfield Towne Center
The Virginia Beach-based East Coast Appliance chain paid $2.5 million for the former Salvation Army thrift store building to locate its first Richmond-area store.
Architects swapping Midlo area for Innsbrook with $1.8M building buy
An office building-buying trend among architecture firms is continuing locally with one longtime firm’s move to a suburban office park.
Bandito’s changes hands after COVID closure took toll
The new owner of the long-running Devil’s Triangle bar also owns a restaurant in Chester.
Bice, Turnbull begin next project with office building deal near Willow Lawn
The developers behind a Veil Brewing-anchored project in Forest Hill led a group in the purchase last week of the 17,000-square-foot office building at 2120 Staples Mill Road for $1.1 million.