CB Richard Ellis reports Transtar Industries, a Cleveland-based auto parts distributor, leased 12,800 square feet at 2044 Westmoreland Street in Henrico.
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The Pipeline: Commercial Real Estate Round Up for 2.27.09
Thalhimer reports Trustworth Properties LLC purchased the 10-unit apartment building at 12 E. Main St. in Richmond for $1 million from Main Street Investments LLC. AECOM Technology Corporation, a multinational environmental consulting firm, has leased 85,000 square feet at 4840 Cox Road in Henrico. Virginia Schools of Technology leased 31,500 square feet at 2000 Westmoreland… Read more »
Mental health services receive $1 million grant
Eye on the General Assembly: Residents suffering from mental illness will soon have expanded access to health care thanks to a $1 million challenge grant awarded to the Virginia Health Care Foundation.
2008’s top commercial projects
The Greater Richmond Association for Commercial Real Estate has announced the finalists for their Eighth Annual Real Estate Star Awards. The awards honor the top real estate projects in the Richmond region in eight different categories. A ninth award will be given for best overall project. Last year’s overall winner was awarded to the State… Read more »
Laid off alumni turn to resume database
More than 45 job hunters have posted their resume to Virginia Commonwealth University’s alumni database that launched on January 26, according to Katherine Oliver, communications director for the School of Business. “We definitely have people from Circuit City, lots from Qimonda,” Oliver said. Other job seekers have been laid off from Wyeth, insurance companies, and banks,… Read more »
Pay-Per-View goes online
A serial entrepreneur might have just the ticket to help sports arenas and other venues make money from fans who would rather stay home. Jermon Green is rolling out Be There on Demand, a web-based company that allows a venue to stream live or taped content on the Internet. The company provides the technical know-how… Read more »
Sandston shops mourn Qimonda
Sandston, the small Henrico village near the airport, isn’t exactly a company town. But the thousands of employees at Qimonda helped support a handful of locally-owned shops and eateries. One of the first customers at Lizzy Peas Express was a Qimonda worker, according to manager Ollie Taylor (pictured above). “She went back and told other… Read more »
Smoking bills advance in Senate
Smoking is a hot topic in this year’s General Assembly. Several bills were introduced in the Senate that either ban or regulate smoking in Virginia. The Senate Education and Health Committee voted last week to allow five of those bills to move forward and appear before the full Senate.
Lawmakers seek to close lending loophole
It’s déjà vu all over again for payday lenders. Sen. Mark Herring (D-Leesburg) on Thursday introduced a bill that would tighten controls on car-title lenders and prevent payday lenders from evading regulations imposed in 2008.
Food Banks Hungry for More Funding
Area food banks are struggling with increasing demand for services. After asking the state for $1 million in emergency funding, the Federation of Virginia Food Banks is preparing for an unprecedented amount of need during 2009. Leslie Van Horn, executive director of the Federation of Virginia Food Banks, says the state’s food banks are in… Read more »