Search Results for: downtown

Restaurant duo doubles down on Main Street

Two local restaurant owners are expanding their business with a new concept launching soon in Shockoe Bottom. They also have plans to expand in California with help from a Richmond native and NBA player.

Buyers spend big on local pharmacies

Two Walgreens drug stores sold in July for a combined $15 million, evidence of the high demand and price tag for real estate with a dependable single tenant.

Demand meets supply in Scott’s Addition

The first leg of a new Scott’s Addition apartment project is already fully leased before finishing construction, a promising sign for the developers that have invested millions in revamping the industrial neighborhood.

Buyers hone in on $21 million retail deals

A Virginia Beach REIT has a Colonial Heights shopping center under contract for $19M, and a Maryland real estate firm recently closed a deal for a retail strip in the city.

Foreclosures: 8.11.24

A property in downtown Richmond is on the foreclosure docket. Chesterfield county has the highest property on the block for over $600,000 and the lowest price home at under $24,000. The full list for BizPro members.

City thirsty to lure Calif. brewery

In a special session on Tuesday, the Richmond City Council introduced legislation that could make room for a massive facility for Stone Brewing Co. near Rocketts Landing.

Work space startup looks to multiply

A company that rents out space in a mixed-business shared office is searching Richmond for a second location. It has narrowed down its focus to the Fan, Scott’s Addition and Short Pump.