The Economic Development Authority of the City of Richmond is seeking judgments from a handful of businesses and a major local law firm is trying to collect $200,000 from a client. Plus Padow’s Deli is trying to get rid of a franchisee it says isn’t paying its bill, while landlords try to collect backed rent from a record store chain. And a plaintiff is suing the Greater Richmond Transit Authority for, $1 million, claiming he was tossed from the bus into a metal bench by the bus driver when he refused to get off the bus or pay the additional fare.
Lou-Rich Partners
The Pipeline: Commercial Real Estate Roundup for 10.03.08
Jack P. Fine & Associates has purchased 7,000 sf at 2405 Chamberlayne Ave. in Richmond. The property is home to an Advance Auto Parts store. It was sold by Chamberlayne Developers for $1.56 million, or $223 per sf. The freestanding retail building is located in the Laburnum/Rt. 360 retail submarket. Advance Auto Parts fully leases… Read more »