John Madures is the latest GVA Advantis broker to find a new job with another local firm. Divaris Real Estate hired Madures as a leasing and sales associate. Madures was most recently an associate director for GVA. Some other former GVA brokers have found work with other real estate firms since the Richmond office went… Read more »
GVA Advantis
GVA Advantis shuttered, checks might bounce
Employees of the brokerage GVA Advantis may not get paid for their last few weeks at the company, and it’s unclear if contractors or other businesses owned money will get paid, according to a company memo.
Commercial brokerage disbanding
Seven GVA Advantis brokers left the troubled firm last week and are starting an affiliate of a new firm. Leading the pack is Charles Polk, who was GVA’s all-time top-producing broker.
GVA Advantis closing some Virginia offices
The Richmond office of the commercial brokerage firm GVA Advantis apparently has escaped the ax. On Monday the company said it will close offices in Newport News and Northern Virginia. And unlike at the Norfolk office, where brokers have left for other firms, GVA’s Richmond brokers are staying put — for now.
The Pipeline: Commercial Real Estate Round Up for 5.29.09
Terry’s Tire Town,a Mid-West based tire distributor, leased 90,000 square feet of at 4501 Carolina Avenue in Henrico. Smoothie King, a national smoothie franchise, leased 900 square feet at 10871 W. Broad St. in Henrico. International Special Risks, Inc., a marine insurance brokerage, leased 2,500 square feet at 730 Glen Forest Drive Suite 405 in Henrico. Click on the link to read the rest of the deals.
No relief in sight for office vacancy
No matter how you slice it, office vacancy rates are climbing in Richmond. And true to supply and demand, landlords are getting more and more generous with freebies such as up to six months free on a long-term lease to lure tenants.
The Pipeline: Commercial Real Estate Round 11.21.08
Thalhimer reports that the Democratic Party of Virginia purchased a 15,000 square foot office building at 1710 East Franklin Street from Tinsman Holdings for $1.15 million. Harrison & Bates reports Jacobson Companies, a third party logistics provider, leased 52,000 square feet at 11200 Old Stage Road in Chesterfield. The law firm of Midkiff, Muncie &… Read more »