Commercial Real Estate

The complex spans three buildings and 312,000 square feet and marks the buyer’s first acquisition in the Richmond market.

North Carolina-based Strata Clean Energy is behind the project, which would place solar panels on about 340 acres of the overall site.

Hourigan bought nearly 400 acres for the proposed industrial park, the exact scale of which is still to be determined.

Last week’s vote, along with a prior approval to raze the eastern part of the property, means the entirety of the Pocahontas complex is on the chopping block to make way for the new “Commonwealth Courts Building.”

The deal gives Publix control of its own store as well as ownership of storefronts leased to tenants like Gold’s Gym, Crumbl Cookies and Little Caesars.

Nichols, whose family for years owned HandCraft Cleaners, is looking to build a 3-story office building on Granite Avenue, where the Book People bookstore building once stood.

Thalhimer had planned a mixed-use building with 150 apartments and an HCA emergency center as the commercial tenant. Now, apartments are off the table, while HCA’s plans continue on.

Developers Spy Rock Real Estate and Crescent Development are now planning 950 residential units, at least 150 more than what was planned when Henrico announced the public-private project in May.

The Fortune 500 is relocating its global headquarters to a much smaller space in Henrico County after selling its longtime Hanover hub to VDOT earlier this year for $33 million.

The apartments would fill the basement and first and second floors of the 20,000-square-foot church building, which was constructed in 1891 as Venable Street Baptist Church.