The deal appears to be the first in the Richmond region for Wafra, a New York investment firm with $2.9 billion in assets under management.
Trader Joe’s-anchored Short Pump shopping center sells for $46.7M
Retail
Office supplier on cue with purchase of billiards company C.P. Dean
The deal was a break for the owners’ daughter, a recent college grad who will serve as president. The former owner will stay on as an employee.
Beauty salon takes shape on Brookland Park Boulevard
A local stylist decided to open her own salon, Hand & Mirror Hair Studio, in a space previously occupied by Tommie’s Barber Shop.
CarLotz hit with multiple lawsuits by disgruntled stockholders
The used car retailer, which went public in January, has been sued at least three times in the last two months for alleged securities law violations.
New-to-market Royal Farms convenience store chain lands in Chesterfield
Royal Farms, a fried chicken-focused competitor to Wawa and Sheetz, will open at the intersection of East Hundred Road and Rivers Bend Boulevard.
Circuit City bankruptcy headed for conclusion after nearly 13 years
Creditors of the collapsed electronics retailer received 55 cents on the dollar. Attorneys and other professionals billed the bankruptcy estate for $212 million.
Ram City Market to open in empty Walmart store on Grace
The grocery store will sell to-go coffee and made-to-order sandwiches but it won’t carry alcohol.
Upper Shirley Vineyards chef cooks up neighborhood market in Tuckahoe
The Supper Club at 417 N. Ridge Road will sell prepared meals but it won’t have a cafe or a seating area.
Local investor bags Powhatan shopping center for $4.3M
The seller was a Minnesota man who paid $3.8 million in 2015 for The Maxey Center at 3452 Anderson Highway.
Warby Parker eyes Short Pump Town Center for first store in region
The mainly online eyewear retailer sees potential in the Richmond market and is looking to open more brick-and-mortar locations.