A busy week of leases and sales. A new downtown co-working space lands a tenant. A land deal on the Southside. VCU takes more Grace Street property.
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Trading Day: Local SEC filings for 4.3.14
A new board member at a local bank and REIT renews its efforts to sell shares on its newest fund in otherwise quiet week for local SEC filings.
$9M project adds to hotel market’s momentum
A local hotel developer is bringing 89 more rooms to Chesterfield County in at least the fourth hotel project currently in the planning stages in the Richmond area.
West African restaurateur heads south
After nearly 20 years in business, a downtown restaurateur has a second location in the works just over the river.
Neighborhood market trend spreads to Jackson Ward
When the space became available in February 2013, the landlord approached the owners of Saison to give them the first shot.
DealFlow: M&A roundup for 3.26.14
A busy month of big deals for local investment banking firms. Plus local deals in tech, banking, healthcare and more.
New owner lands at airport hotel
A Delaware-based firm has taken over a foreclosed Richmond airport hotel more than a year after local ownership moved out.
2014 to-do list: Spend $150M on commercial properties
In one year, a Richmond-based real estate investment group run by a long-time lawyer has spent around $100 million on all sorts of commercial properties – even trailer parks. And it hopes to spend another $150 million in 2014.
Media General’s TV-station spree continues with $1.6B deal
The downtown-based TV-station operator on Friday announced it will pay $1.6 billion to acquire LIN Media in a massive deal that will create a colossal firm owning 74 TV stations in 46 markets.
Bank reaches for another zenith
A Richmond-based business bank announced a deal last week to buy a Gloucester-based bank with aspirations to expand deeper into Hampton Roads.