Minnesota-based Super Radiator Coils is planning to add nearly 80,000 square feet to its 177,000-square-foot facility at 451 Southlake Blvd.
Commercial Real Estate
With Greystar on board, big development next to Movieland moving forward
South Carolina-based Greystar is now part of the development team that appears to be moving ahead with a long-planned five-story apartment building at 2700 W. Leigh St.
VCU looking to buy downtown Altria research building
The purchase would expand the university’s nearby academic medical center campus. It also could take the currently revenue-generating property off Richmond’s tax rolls.
Local contractor Emerald Construction sold to employee trio
“To be able to hand it off to them is a lot easier than if another company came in and bought it,” said longtime owner Gib DeShazo. “I’ve seen them grow over the years and for a lot of our clients, they are the face of Emerald.”
New indoor farm at Meadowville Tech Park planting first crop this month
The first-phase farm is the start of what’s envisioned as a $300 million, multi-farm complex on a 120-acre campus in Meadowville Tech Park.
Developer taking Hanover apartments fight to state appeals court after lawsuit is tossed
The dispute centers on county supervisors’ rejection last November of a rezoning for Summerlyn, a $27 million project by Larry Shaia and Jesse Lennon that would have been Hanover’s first 55-and-up rental community.
Diradour looks to turn Fan parking lot into new mixed-use project
Charlie Diradour’s Lion’s Paw Development is planning a three-story building with 14 apartments above ground-floor commercial space on a parking lot next to the Robinson Street Starbucks.
Project Snapshot: Novel Scott’s Addition project reaches the finish line
Some of the building’s 275 apartments will offer a view of the city’s new baseball stadium, as well as eclectic amenities such as a podcast recording studio and a speakeasy that’s hidden behind a moveable bookshelf.
Foreclosed West End office building sells at auction to local investor Marwaha
The Capital City Physicians Building is at least the third distressed local office property Gagan Marwaha has snatched up in recent years.
Bulk of White Oak Village in eastern Henrico sells for $63M
Included in the deal was 398,000 square feet of retail space that’s occupied by tenants like Publix, Burlington and JCPenney. Not included were tenant-owned anchor buildings housing Target, Lowe’s and a T-Mobile call center, as well as outparcels on Laburnum.