A bank sold a 90,000 sf industrial space for $850,000. And a $1 million property on Monument Ave traded hands. Plus dentists are leasing new space, and a massive buffet is heading to Chesterfield.
CB Richard Ellis
Stalking horse backs down
The local investment fund that had made a $4 million bid on the last remaining asset of a bankrupt local firm has pulled out.
Local Borders is gone for good
The Borders Books & Music store on West Broad Street is officially out of business. Borders filed for Chapter 11 bankruptcy in mid-February and announced then that the Broad Street location was one of 200 stores to be shuttered. It was the chain’s only Richmond location and was one of several in the state to… Read more »
State of the market address (for real estate)
Experts assess the industrial, office and retail segments, as well as the state of residential and capital markets, at an event hosted by the Greater Richmond Association of Commercial Real Estate.
Pipeline: Commercial Real Estate Round Up 9.3.10
C&F Mortgage Corporation leased 3,388 while Anytime Fitness leased 4,200 sf of space at the Courthouse Place Shopping Center.
The Pipeline: Commercial Real Estate Roundup for 8.13.10
McKesson bought 35 acres for a new distribution center. Plus CableView Communications of Va. leased 9,000 square feet at 2150 Magnolia St in the City of Richmond.Mundet Inc. has leased 2,745 sq.ft. in the SunTrust Building at 919 E. Main Street in the City of Richmond.
Real estate brokers find bargains for themselves
Two of Richmond’s biggest commercial real estate firms will soon be packing up and moving to new headquarters.
The Pipeline: Commercial Real Estate Round Up for 1.22.10
Richmond International Raceway spends $7.84 million for a new building, while the MARCS Agency leased 2,000 sf on E. Clay Street. Click the link to see more deals.
The Pipeline: Commercial Real Estate Round Up for 8.7.09
Pilc and Moseley, LLC, public accountants, leased 3,000 square feet at 7400 Beaufont Springs Parkway in Richmond.Richmond International Forest Products, Inc., a lumber distribution company, leased 7,300 square feet at 4050 Innslake Drive in Henrico.
The Pipeline: Commercial Real Estate Round Up for 7.24.09
CB Richard Ellis reports the following transactions: Briefings Media Group, LLC, a publishing company, leased 8,300 square feet at 2807 N. Parham Road in Henrico. CSX Transportation leased 6,200 square feet at 1610 Forest Ave in Henrico. Taylor Long Properties reports the following transactions: Curves for Women, a health club, leased 2,000 square feet at… Read more »