A Midlothian Turnpike restaurant space sells for more than $1 million, developers buy land in New Kent and Chesterfield, and several different fitness companies lease space around town.
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Scott’s Addition lands restaurant group’s newest venture
The company behind several restaurants around Richmond plans to launch a new concept in Scott’s Addition, its second on Boulevard, as the neighborhood bustles with new developments.
The Pitch: Advertising and marketing news for July 28, 2015
Local ad firms scoop up accounts and launch campaigns for CarLotz, Mercedes dealerships and the YMCA, ND&P adds a new position, and more companies grab Telly and PR awards.
Minimum wage debate echoes in Shockoe Bottom
Workers and activists rallied last week at a local McDonald’s, calling for Virginia to follow New York’s lead in raising the minimum wage for fast-food workers to $15 an hour.
REIT wraps up $103M shopping spree
After selling off a batch of properties and going public earlier this year, a downtown real estate firm is back to buying with three hotel deals in Florida and California.
The Pipeline: Commercial real estate roundup for July 24, 2015
A pair of million-dollar retail deals, warehouse space getting snatched up, a national store takes space in Willow Lawn, a fried chicken chain is building a new location and dozens of other deals.
Medical practice to revive vacant college
A kidney specialist is gutting a former college building in Henrico County that it will convert into a new medical office building – for its own operations and another large tenant.
Hardywood deal marks big win for office park
Hardywood’s $28 million Goochland plans are a big boon for the craft brew industry, and local developers Pruitt Cos. and Bill Goodwin’s CCA Industries will also benefit from the massive planned facility.
Handful of Jefferson properties return to market
The buyers of the massive Billy Jefferson apartment portfolios are unloading several properties, including apartment buildings and a few single-family homes on Monument.
Organizers pull plug on annual music festival
After two years of staging a weekend music fest, the volunteers behind the event have hit pause on the program for this fall but hope to make a comeback next year.