Grubb & Ellis

The Pipeline: Commercial Real Estate Round Up for 6.26.09

Dr. Laura Regan, doing business as James River Dermatology, purchased the 3,000 square feet office condo at 1316 Alverser Drive in Chesterfield from Village Bank for $575,000.Synergy Systems, Inc. leased 9,000 square feet at 4510 Cox Road in Henrico.

The Pipeline: Commercial Real Estate Round Up for 5.15.09

Beadletter LLC purchased the 5,000-square-foot office/warehouse at 10994 Leadbetter Road in Henrico from Arbor Recycling Company. Dora’s Brazilian Grill leased 2,900 square feet at 1323-1333 E. Cary St. in Richmond.

The Pipeline: Commercial Real Estate Round Up for 2.20.09

Justin French of French Consulting purchased the 14,400 square foot Summit Building at 3018-3022 W. Clay St. in Richmond for $825,000 from Viking Investment. Grubb & Ellis Harrison & Bates reports EMS Rentals purchased the 10-unit apartment building at 12 E. Main St. in Richmond for $1 million from Main Street Investments LLC. Porter Realty… Read more »

Pipeline: Commercial Real Estate Round Up for 12.11.08

Thalhimer reports Classic Construction Exteriors purchased a 2,500 square feet office/warehouse building in the Crossroads Business Center at 11624 Busy Street in Chesterfield from DSST Holdings for $315,000. The exterior remodeling company is moving from a smaller facility elsewhere in the county. Grubb & Ellis | Harrison & Bates reports Manakin Holdings purchased the former… Read more »

Shopping malls facing first-quarter fears

Richmond area shopping malls are holding steady, but trouble might be on the way as major retailers plan to close stores. A BizSense study found that the combined storefront vacancy of six area malls is 9.6 percent. Brian Glass, commercial retail broker for Grubb & Ellis | Harrison & Bates, said the percentage of empty… Read more »