News

The Pipeline: Commercial Real Estate Round Up for 7.3.09

South Atlantic Properties Inc. purchased the 22,800 square foot office/warehouse ain Hanover for $1.2 million.Wolfgang’s Gym leased 11,500 square feet at 3517 Courthouse Road in Chesterfield. LivingWell Healthcare Cooperative, a healthcare program for businesses, leased 1,100 square feet at 4196-B Innslake Drive in Henrico.

Qimonda-ites at protest: “Where’s my money?”

Around 50 laid-off workers from Qimonda protested outside the shuttered plant yesterday, upset that they were stiffed paychecks when executives still working for the company are getting bonuses. Story includes video.

Justin French acquires half of Cityspace Solar

Justin French and Cityspace Solar owner Blue Crump already share the same customer base—people that are inclined to use green energy. The partnership may help the two firms expand faster in Richmond and D.C.

Sexual harassment goes both ways

Take what happened to James Kelly, an employee of StarTek, a call center operator that provides services to companies such as T-Mobile and AT&T with a location in Petersrburg. From the lawsuit filed June 1 in U.S. District Court in Richmond:

Alicia grabbed Mr. Kelley’s buttocks during work/classroom hours, one to three times per week.

A new push to shop local

A consortium of Richmond organizations is advocating for a “Shop Richmond Weekend.”

Tech Review: this is a Wave you gotta catch

Google engineers have developed a program that will revolutionize a key part of every business: trying to get information from one person to another without botching the meaning or context like a game of telephone.

More Manchester mojo

New Manchester Flats is Fountainhead’s latest project, located at Gordon Avenue and East Seventh Street.

When finished, it will represent a $35 million investment and add about 175 residential units to the area. The development is partly financed by historical tax credits, as well as New Market tax credits (for development in low-income areas).

Monday Q&A: Frustration floods Shockoe

Sometimes good things don’t come to those who wait. David Napier, president of the Shockoe Bottom Neighborhood Association, and his fellow business merchants are questioning why Richmond will not be getting a baseball stadium and more than $300 million in development to potentially help rocket the area into a thriving hub of commerce.

New networking organization connects Short Pump businesses

When Stan Bohanon moved to Richmond from Williamsburg, there were plenty of networking groups to choose from all over town. But Bohanon had the vision of building a different kind of networking organization. He’s now the Founder and President of the recently-organized Glen Allen Business & Professional Association.

Snagajob follow-up

BizSense reported June 1 that Snagajob, one of the fastest growing companies in Richmond, had laid off 6 employees. Since that story ran, two sources familiar with the company said that two more have been let go for performance reasons, bringing the headcount is down to 120, or about 14 percent less than peak employment of 140 in December.