The British are coming. You’d better grab goggles and a towel.
The Charlotte-based buyer will control 100 percent of the longtime family-owned company and will continue to operate Sauer’s century-old Broad Street factory.
The health system’s appetite for real estate continues, as last week it paid $4.6 million for the 234,000-square-foot building on 15 acres – in a part of Henrico that the county is eyeing for increased density.
This week both Chesterfield County and Henrico County have a new jewelry retailer. Other licenses include bush hogging, wellness consulting and more. To get all of this week’s licenses, become a BizSense Pro member.
“Once I had this idea (for my own studio) it was like, well I can’t afford to do it in D.C. and Richmond seemed more doable.”
A mixed-use building in downtown Richmond that sold for $6.4 million heads this week’s list of deals. An industrial lease on White Pine Road in Chesterfield is the top lease.
One of the highest-profile names in national real estate and politics is making its first push into the Richmond market.
The steady stream of departures continues out of LeClairRyan.
A developer claims $1.24 million in damages for what it calls flawed design and construction management on a complex near Shockoe Bottom, and a broadcast group says an advertising firm owes $213,000. The Docket is open for all BizSense Pro members.
The area’s latest startup incubator has arrived, with a focus on nurturing organizations for which turning a profit is not a mandate.