The 24-unit property sold for $133,333 per door. The Maryland-based buyer also has a medical office building in Henrico under contract.
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Barbecue joint jumps out of Jackson Ward
Owner Jimmy Stump said the closure was prompted in part by customers being turned off by the fallout from recent protests in the neighborhood, many of which have taken place nearby.
Phish’s chef rolls out frozen burrito delivery venture in Richmond
After his gig with the band ended because of the pandemic, Jim Hamilton got to work on a business idea he’s had on the back burner for a while.
Architects buy building they redesigned in Jackson Ward
Architecture AF, founded by two UVA alums, purchased the building it has been leasing at 311 N. Second St. for $467,000.
The Pipeline: Commercial real estate roundup for 9.4.20
The sale of apartments in Richmond’s Manchester neighborhood for $1.5 million head the list. A finance company leases 10,542 square feet in Henrico.
Breaking Ground: Local building permits for 9.2.20
A hotel with a $1 million permit in Chesterfield leads the list this week. Also in Chesterfield are condos, townhouses and duplexes. Richmond reports work in Manchester. For the entire list, become a BizSense Pro member.
Richmond developer sues RRHA, claiming a year and a half’s worth of housing subsidies for a tenant were never paid
Hanson’s suit claims the city’s public housing agency is guilty of breach of contract and fraud for allegedly covering up its mistakes regarding housing assistance voucher payments.
CoStar pays $20 million for four acres of riverfront land
At about $5 million an acre, the downtown property eclipses recent highs of more than $2 million an acre in other sought-after neighborhoods.
41 local firms on Inc. 5000 list of fastest-growing private companies
Manchester-based Sassy Jones reported 4,515 percent revenue growth over the last three years, making it the 75th ranked firm on the list.
Belle Heights townhome developers seek permit to build second phase
Harper Associates layed out two expansion scenarios as buyers line up for the Manchester residential project at the corner of Semmes and Cowardin.