The value of existing commercial real estate in Chesterfield County dropped an average of 6.4 percent or $418 million last year, according to the county assessor’s office.
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Party-goers get onboard free bus
Jim Porter is the designated driver of 2,000 Richmonders each weekend. His retired school buses shuttle party-goers from downtown to Carytown and back. And with the backing of some local restaurants, he wants to add a few more buses.
SBA lending rebounds
The SBA loan – a key source of funding for new businesses – is regaining popularity. That’s a good sign for entrepreneurs.
The Pipeline: Commercial Real Estate Round Up for 1.8.10
Vulcan Materials Company leased 12,360 square feet at Ironbridge Commons, 5601 Ironbridge Parkway in Chesterfield. Allied Pallet Company leased 26,190 square feet at 1401 Ingram Street in Richmond. P. T. O’Malley Lumber Company, Inc. purchased a 156,485-square-foot manufacturing facility on 92.58 acres in Essex County for $1,250,000. A ton of other deals this week.
Another hhgregg coming to a former Circuit City
Indianapolis-based retailer hhgregg is taking another Circuit City location, this time in Colonial Heights.
The Pipeline: Commercial Real Estate Round Up for 8.14.09
R.L. Kent Publishing Company trading as The Community Weekly leased 1,600 square feet at 301 Southlake Boulevard in Chesterfield.Sestra Bridal leased 4,800 square feet at Bermuda Crossroads in Chesterfield. McMahon Homes Inc. leased 1,800 square feet at 4441 Cox Road in Henrico.
Monday Q&A: Revving a hobby into a retail business
Eric Engler started Velocity Motorcycles mostly as a place to store and repair his personal motorcycle collection. Now the store has three full-time mechanics and some of the most unusual bikes around. This week, BizSense talks retail and how sometimes even a business owner gets a little too attached to the merchandise.
The Pipeline: Commercial Real Estate Round Up for 7.31.09
Richmond Volleyball Club purchased the 73,500 square foot former Brown Distributing facility at 2921 Byrdhill Road in Henrico for $2.4 million. The Kane Company, an office services company, leased 48,500 square feet at 11810 N. Lakeridge Parkway in Hanover.
The Pipeline: Commercial Real Estate Round Up for 7.17.09
Petco, a national pet store chain, leased 14,600 square feet at Staples Mill Square in Henrico.DVA Healthcare Renal Care leased 7,000 square feet at 8801-8815 Three Chopt Rd. in Henrico. Rugged Wearhouse leased 14,111 square feet at Circuit City Plaza in Henrico
Baseball debate turning into a full season of speculation
As soon as it seems dead in the water, the baseball debate in Richmond keeps coming back. Charlie Diradour extended his hand in peace today to those in the opposite dugout at a news conference he called. Connecticut, the giant Indian sculpture, looked down over the scene, a thick layer of pollen dusted over its… Read more »