A stake in more than 2 million square feet of Richmond office space has changed hands as part of a three-state, $400 million deal between two out-of-town real estate firms.
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Contest dangles trip to startup mecca
One of Richmond’s latest startup competitions is upping the ante this year with a trip to Silicon Valley. The local chapter of Aging2.0 is hosting a pitch event April 7 for the San Francisco-based organization’s Global Startup Search, a competition for companies developing goods and services catered to senior citizens. The local event will be… Read more »
Downtown developers in the spotlight
Eighteen developers presented updates on 55 projects at an event Monday evening, focusing on the downtown area, Manchester and Shockoe Bottom.
Reynolds Crossing building owners at crossroads
Two of the three owners of a high-dollar office building in Henrico’s Reynolds Crossing development are considering selling their ownership in the property.
Golf course, gym strike deal toward future country club model
In a bid to further hone its business model as a so-called public country club, a local golf course has struck a deal with an area fitness chain.
The Pipeline: Commercial real estate roundup for Feb. 26, 2016
A Southside property sells for $3.5M, some space in the SunTrust Center got snatched up, a Korean chicken joint lands in Midlothian and a West Broad retail spot fetches $1M.
West End shopping center bagged for $7M
Continuing to bounce back two years after foreclosure, a shopping center near Innsbrook has been sold to an out-of-town real estate firm.
The Pitch: Advertising and marketing news for Feb. 23, 2016
New accounts for multiple agencies, a Brandcenter student lands a coveted fellowship, and a series of mini spots featuring mini football players.
The Pipeline: Commercial real estate roundup for Feb. 19, 2016
Divaris Real Estate reports the following deals: Kirklands leased 7,606 square feet at Chesterfield Towne Center. Brett McNamee and Ali Newton handled the lease negotiations. Pure Barre leased 2,200 square feet at Alverser Plaza Midlothian. Brett McNamee and Ali Newton handled the deal on behalf of the tenant. LSF Tobacco lease 1,093 square feet at… Read more »
Cephas stimulus case set for trial
A jury will decide the fate of a pair of local entrepreneurs accused of abusing a recession-era stimulus program. A trial date is set for March 1 at the Richmond federal courthouse for Morris Cephas Sr. and Chiroya Cephas. The couple, through their defunct Southside recycling company Cephas Industries, is facing criminal charges for an… Read more »