A mid-rise building for residential and retail use has been proposed for the northeast corner of Cary and Meadow streets in the Fan. A BP service station and coin laundry currently operate at the site, but West Cary Street Planning Committee chairman Ed Eck has produced a plan to build a three- to five-story residential… Read more »
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Q&A: Local biz leaders on the economy
On Friday the VCU School of Business hosted an economic panel featuring Jeffrey M. Lacker, president of the Federal Reserve Bank of Richmond; Steven A. Markel, vice chairman of Markel Corporation; and John R. Nelson, executive vice president and chief technology officer of Altria Group. The panelists answered questions from students and fellow executives about… Read more »
Midlothian strip center sells for $7 million
Midlothian Center, on Wadsworth Drive in Chesterfield County, was purchased by a private investor for $7 million in cash. The seller was Allied Capital REIT, based in Washington.
Richmond Show recognizes best of local advertising
Martin Agency wins big, Madison + Main’s Dave Saunders named Ad Person of the Year.
The Pipeline: Commercial Real Estate Round up for 4.3.09
Q-T Realty LLC purchased the 18,000 square foot flex building at 10520 Lakeridge Parkway in Ashland for $1.2 million from sellers Frederick and Margaret Reames. The buyer does business at Milos America, Inc, a manufacturer of aluminum trusses.
Biotech center raises funds for foreign investment
A private-investment fund being raised for the Virginia BioTechnology Research Park will provide support to international companies that want to add their presence to the research center.
Commercial sales activity slips into hibernation
Who will budge first? Buyers and sellers of commercial real estate are locked in a game of chicken. But someone is going to have to budge, or deal volume will remain dreadfully low. And with commercial loans coming due and other commercial real estate investment groups needing to raise cash, some experts hint that it… Read more »
Working like a dog: Richmond startup shows off its tricks
Man’s best friend is a loyal and lucrative customer for a Richmond startup. Best Bully’s has quickly grown as a web-only retailer of organic dog treats. The company sells more than $1 million a year in products (and less than $5 million) and will expand soon from 2,500 square feet to 8,500 square feet on… Read more »
Is Black and Gold the new green?
When VCU plays UCLA tonight in Philadelphia, fans, the announcers will gush about scholar athletes, pure heart and the integrity of the sport. But the Big Dance is big business. And for a school such as VCU, which has no football team, it can be a way to market to a national audience and increase… Read more »
Is the insurance agent obsolete?
Tom Gosse – President and CEO of Northern Neck Insurance Company – will present the keynote address Tuesday, June 16 at the Independent Insurance Agents of Virginia’s Annual convention in Williamsburg.