A seven-figure purchase has secured the site where a national used-car retailer wants to erect one of its signature “car vending machine” towers in Richmond.
$1.7M land buy sets stage for Carvana ‘car vending machine’ tower
Retail
Baltimore buyer picks up Southside retail strip for $10M
A Maryland-based real estate investment firm has entered the Richmond market with an eight-figure purchase of a Chesterfield shopping center.
Boozy cupcake shop cooking up expansion via capital raise
A Carytown-based bakery that specializes in alcohol-infused treats has its eyes set on expansion.
ABC eyes relocation in Carytown to new Publix-anchored center
The Carytown ABC store, among the busiest in the state, is planning a move down the street to join a massive new Publix-anchored retail development.
$7M sale of former Sam’s Club clears path for new T-Mobile call center
Plans for a sizable new T-Mobile call center in Eastern Henrico appear to be progressing thanks to the seven-figure sale of a vacant big box at White Oak Village.
Richmond lands another big retailer bankruptcy case
Richmond federal court’s status as a safe haven for bankrupt national retailers is proving to be a boon once again for local attorneys.
Fink’s Jewelers closing in Chesterfield Towne Center, will keep Short Pump shop
“We have sensed that the shopping pattern in Richmond has greatly moved to the Short Pump area,” the company said. “We’re getting leaner in an area we consider underperforming.”
Next-door neighbors scoop up Grove Ave. Pharmacy building
Left vacant last year when the pharmacy closed after 73 years, the property’s new owners are weighing their options for its future use.
Third-party Amazon delivery company closing Henrico facility, axing 75 jobs
An Illinois-based company that provides last-mile delivery for Amazon is closing facilities across the country, including a local outpost near Richmond Raceway.
National retailer’s troubles trickling back to Stony Point Fashion Park
A local mall is losing another tenant, as the trend of mass store closures by national retailers continues.