Thalhimer reports the following transactions: Owens & Minor Medical, Inc. has purchased 50 acres of land within Atlee Station in Hanover. The land was purchased from Media General, Inc. for $5,398,650. Owens & Minor has purchased the land as an investment for future use. The Richmond-based company distributes medical and surgical supplies to hospitals and… Read more »
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The Pipeline: Commercial Real Estate Roundup for 10.03.08
Jack P. Fine & Associates has purchased 7,000 sf at 2405 Chamberlayne Ave. in Richmond. The property is home to an Advance Auto Parts store. It was sold by Chamberlayne Developers for $1.56 million, or $223 per sf. The freestanding retail building is located in the Laburnum/Rt. 360 retail submarket. Advance Auto Parts fully leases… Read more »
Pipeline: Commercial Real Estate Roundup 9.26.08
Doswell Hospitality LLC delivered the first of three hotels, called the Days Inn at Kings Dominion, in June. Doswell Hospitality sold the property to Sumtinath LLC for $3.2 million. Located at 16220 International St., the Days Inn is a three-story hotel that offers 50 rooms. The other two hotels are currently under construction. Doswell Hospitality… Read more »
Pipeline: Commercial Real Estate Roundup 9.26.08
Doswell Hospitality LLC delivered the first of three hotels, called the Days Inn at Kings Dominion, in June. Doswell Hospitality sold the property to Sumtinath LLC for $3.2 million. Located at 16220 International St., the Days Inn is a three-story hotel that offers 50 rooms. The other two hotels are currently under construction. Doswell Hospitality… Read more »
The Pipeline: Businesses on the move 6.09.08
Thalhimer reported the following deals: Ruth & Ollie has leased 3,867 sq.ft. at 3445 W. Cary Street in Richmond and plans on opening July 14th. The furniture store currently operates in a smaller store on Libbie and Grove. The Cary Street store is under construction and will be 4.5 times the size of the existing… Read more »
The Pipeline: Businesses on the move for 5.2.08
This is the first installment of a regular (possibly weekly) feature that will report on businesses that are leasing new space, buying property, expanding or shrinking. Flagstop CarWash bought 1.72 acres at 9828 E. Parham Rd. from the Royal Oldsmobile Company for $1.3 million and plans to tear down the existing structure and build a… Read more »