News

New life at Richbrau – sort of

There isn’t a new tenant for the former Richbrau brewery/pub yet, but neighboring business has taken advantage of the prime Cary Street exposure.

The Docket: Circuit Court Roundup for 8.30.10

A jammed packed Docket this week: A Chesterfield construction business alleges an employee spent $40,000 of its money on personal expenses, while several landlords are suing tenants for unpaid rent. Plus, a woman is suing the zoo in Chesterfield after she slipped while watching the giraffes.

Bank’s troubles haunt new owner

Why regulators won’t let a profitable, well-capitalized bank holding company throw its shareholders a bone.

The Pipeline: Commercial Real Estate Roundup for 8.27.10

OrthoVirginia paid $1,3 mil for land in Chesterfield and plans to build a medical office building. Meanwhile Burton’s Menswear leased 3,200 square feet at 3017 Mechanicsville Turnpike in Hanover County.

REIT hungry for more deals

A Richmond-based real estate fund has gone on a buying binge lately and wants to raise another $2 billion to keep gobbling up more property.

Trading Day: Inside the SEC filings for local companies

After missing the original deadline for filing its second quarter financial results, Village reported net income of $460,000 for the quarter, compared with a $1.7 million loss in the same period last year. Also, lots of insider buying and selling.