With a pair of new deals inked in the suburbs, a Mediterranean restaurant chain is eyeing a push to open more eateries across the region. Birmingham, Alabama-based Taziki’s Mediterranean Restaurants recently leased space in two shopping centers in western Chesterfield County to bring its local store count to three. Taziki’s signed a lease in late… Read more »
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Blackstone acquires Midlothian center
A billion-dollar deal between a financial giant and a Canadian REIT has trickled down to Chesterfield County. New York investment firm Blackstone Group bought the Towne Crossings shopping center at 11647 Midlothian Turnpike on June 1 for $18 million, according to a Chesterfield County property record. Greg Davis of Excel Trust, a California-based REIT owned… Read more »
Design firm swaps Fan office for downtown digs
The owners of a Richmond design firm have purchased a downtown building as the company looks to bring on new partners and expand. Rohn Price, Matt Simpson and Steve Harvey bought the three-story office at 207 N. Foushee St. for $600,000 on May 16. The three are partners at Price Studios, an architecture and interior… Read more »
New take on Carytown eatery coasting into Short Pump
A West Cary Street restaurant is planning a new branch in the thick of the westward expansion of Short Pump. Richmond Restaurant Group’s East Coast Provisions has signed on for a new restaurant in the suburbs with a similar moniker – West Coast Provisions, company officials announced late Wednesday. West Coast Provisions will rise in… Read more »
The Pipeline: Commercial real estate deals for 6.10.16
A busy week of leases all over town, including an office deal on West Broad, a new restaurant in Midlothian and another new fitness studio.
West End tennis shop sells, bounces up the street
After almost three decades under the helm of a Richmond couple, a local tennis shop has changed hands and reopened in a new location. Plaid Racquet was recently purchased by Al Rivers, who took over the store from its longtime owners Ed and Lynda Smith. The couple opened the tennis shop 27 years ago at… Read more »
Studio turns cameras toward Rocketts Landing
A longtime Richmond production studio has set up shop near Rocketts Landing after decades in the Southside. BES Studios has moved into its new space in a building it purchased at 5711 Old Osborne Turnpike, just across city limits in eastern Henrico County. Owner Christi Garrett purchased the 13,600-square-foot building and nearly 8-acre property last… Read more »
Trading Day: Local SEC filings for 6.9.16
A local CEO sells more shares, a downtown bank completes an acquisition in Charlottesville, and two pending mergers take steps forward.
Peter Chang serves up Scott’s Addition location
A popular chef and restaurant owner has officially joined Scott’s Addition stew of entrepreneurs and developers. Peter Chang opened his new eatery last week at 2816 W. Broad St. in a 3,000-square-foot space in the recently renovated Hofheimer building. Its opening day was June 3. Chang has another restaurant in the works next door to… Read more »
The Pipeline: Commercial real estate deals for 6.3.16
A nearly $4 million deal in Short Pump, a big land grab in Caroline, a new tenant in a Wegman’s anchored development and a $2 million warehouse deal in Chesterfield are the highlights of another busy Pipeline.