New York-based Aurelie Capital plans to replace the aging shopping center with apartments and retail space across a dozen buildings.
350-unit Laurel Park redevelopment ‘full steam ahead’ after Henrico approval
Commercial Real Estate
Regency mall owners spend $3M to purchase JCPenney building
Rebkee and Thalhimer are still mulling what to do with the 159,000-square-foot big box, which was one of the last pieces of the mall site that they didn’t own.
Owens & Minor moving out of Riverfront Plaza, adding to sublease market
Apparently content with its employees’ remote-work productivity, the local Fortune 500 company says it doesn’t have much use for its downtown office space anymore.
Raymond James latest office tenant to sign on at rehabbed Westhampton School
The financial firm is consolidating its downtown and Innsbrook-area offices into 22,700 square feet at the new development on Patterson Avenue.
Warren Buffett’s energy arm grabs big block of Richmond office space
Berkshire Hathaway Energy is subleasing 79,000 square feet at 6603 W. Broad St. in Reynolds Crossing from Altria.
Museum District restaurateurs opening neighborhood market in Libbie Mill
Steven Gooch and Evan Campbell, whose Juno Restaurant Group owns The Franklin Inn and The Stables, plan to offer hot and cold food to go and groceries.
Frontier Project vacates Scott’s Addition office
The consulting firm’s headcount has declined since it moved in five years ago and it cited the COVID-era trend of working from home as a reason for the change.
Former Quirk Hotel chef to open Midlothian Chef’s Kitchen
After his gig as executive chef at the downtown hotel was cut short by the pandemic, David Dunlap is starting something on his own in the suburbs.
Building rehab, mixed-use expansion to fill out corner property in Church Hill
Richmond’s Commission of Architectural Review recently endorsed a plan to renovate an existing building with a modern-style addition to create nine apartments and two commercial spaces.
Abingdon bank branching out in Hanover
First Bank & Trust is opening its first full-service branch in the Richmond market in a former SunTrust building.