A $12.8 million purchase in Richmond was the top sale this week and 157,000 square feet in Henrico was the top lease.
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Shamin sells Mutual Building for $13M to local buyers for apartment conversion
The local hotelier paid $3.2 million for the 13-story office tower six years ago, with plans to turn it into a hotel.
Highlights from The Future of Manchester
A virtual crowd of more than 200 tuned into BizSense’s Future of Manchester event on Wednesday, as a panel discussed the fast-growing Southside neighborhood’s past and present, and where it goes from here. The 90-minute discussion, presented by KBS, was broadcast live on Zoom. Below are some highlights and key thoughts from the panelists. If… Read more »
The Pipeline: Commercial real estate roundup for 11.13.20
An $11 million sale of apartments in Manchester and a $4 million property in Carver are the top two sales this week.
$4M deal secures final parcel for Carver Square condos development
Stanley Martin Homes bought 1480 and 1500 W. Moore St. on Nov. 4, less than a week after spending $10.2 million for a 23-acre site at 12401 W. Broad St.
The Pipeline: Commercial real estate roundup for 10.30.20
The $11 million sale of shops in Short Pump top this week’s list. Also on the list are leases in Colonial Heights, Richmond, Henrico and Hanover.
F.W. Sullivan’s in the Fan closes for good; building up for sale
“We’re a social center and that doesn’t work in the time of social distancing,” F.W. Sullivan’s owner Jake Crocker said. “You could charge $100 for a half-dozen wings or $20 a bud light and it won’t cover the overhead.”
Builder finishing final group of townhomes at Stony Point Fashion Park
Moneymaker Properties has started work on the last homes planned for Creek’s Edge at Stony Point, a gated townhome development started in the late 2000s by Steve Middleton.
The Pipeline: Commercial real estate roundup for 10.23.20
This week’s top sale is a $2.7 million deal for a warehouse in Richmond. A hardware store in Mechanicsville is the top lease.
The Pipeline: Commercial real estate for 10.16.20
A property in Manchester changes hands for $4 million. A seafood restaurant in Chesterfield tops the leases this week.