New York investment firm purchases Short Pump Station for $54.96M
Nuveen Real Estate, a New York investment management firm, purchased Short Pump Station in western Henrico County from Wafra, an alternative investment managing firm also based in New York, for $54.96 million on Dec. 30, 2024, according to a Tuesday announcement by Wafra and Henrico County records. Grocery retailer Trader Joe’s is the anchor tenant […]
Virginians go for Texan vodka
Virginia is for lovers of vodka distilled from corn in Austin, Texas, apparently. For the seventh straight year, Tito’s Handmade Vodka is Virginia’s most popular spirit at Virginia Alcoholic Beverage Control Authority (ABC) stores, according to a Friday announcement. The spirit generated $75 million in sales at Virginia ABC stores in fiscal year 2024. That’s […]
Richmond-area mainstay Saxon Shoes moves onto its next step
When Gary Weiner’s parents, Jack and Gloria, opened Saxon Shoes in Richmond in 1953, they mostly carried shoes for children with orthopedic needs. Now, 70 years later, the store has something for everyone and is about 10 times the size of the average shoe store and operates in Henrico County’s Short Pump area. It’s become a […]
Henrico County retail property sells for $31M
A Baltimore-based real estate developer has purchased The Row at GreenGate, a retail property in the Short Pump area of Henrico County, for $31 million, Colliers International announced Thursday. The 100,000-square-foot property at 12151 W. Broad St. was bought by DK Greengate LLC, an entity connected to Klein Enterprises, which increases its holdings in Virginia […]
Henrico County retail center sells for $8.3M
Ice Zone Shops near downtown Short Pump in western Henrico County has sold for $8.32 million, Cushman & Wakefield | Thalhimer announced Thursday. Florida-based Advanced Properties Ltd. purchased the 62,657-square-foot building from Colony Lake LLC. Catharine Spangler, Connie Jordan Nielsen and Nicki Jassy handled the sale. The center, located at 4350 Pouncey Tract Road, was […]
Short Pump Hilton enters receivership
The Hilton Richmond Hotel and Spa in Short Pump has entered receivership after its owner, Shamin Hotels, fell behind on loan payments, according to documents filed in Henrico County Circuit Court. In an order dated Jan. 21, Fairfax-based based Crescent Hotel Management Services LLC was named special receiver for the Short Pump Hilton, which was […]
Short Pump Hilton faces receivership, foreclosure
The Hilton Richmond Hotel and Spa in Short Pump, the flagship of Chester-based Shamin Hotels’ empire, may change hands as a result of the COVID-19 pandemic. According to a complaint filed in Henrico County Circuit Court on Dec. 2, 12042 West Broad Street Holdings LLC, the Bethesda, Maryland-based noteholder on the property, alleges a breach […]
Short Pump retail center sells for $10.8M
A strip shopping center next to Short Pump Town Center in Henrico County sold for $10.8 million, Richmond-based Motleys Asset Disposition Group announced last Wednesday. The 82,000-square-foot shopping center is located at 11736 W. Broad St. and is known as Parc Place at Short Pump. Its anchor tenant is PetSmart and other occupants include Tropical […]
Last remaining corner plot in Henrico County’s Short Pump sells for $5.85M
The last remaining corner plot of land in Henrico County’s Short Pump area has sold for $5.85 million, Cushman & Wakefield | Thalhimer’s Mark E. Douglas said. Located at 12120 W. Broad St., the 12.27 acre vacant, wooded lot is less than one mile from West Broad Marketplace, a shopping center with anchor tenants including […]
Whole Foods Market Richmond announces grand opening
Whole Foods Market will open its long-anticipated Richmond store at 9 a.m. on Jan. 30, the Amazon.com Inc.-owned supermarket chain announced Tuesday. Construction on the 47,000-square-foot store built on the location of the former Pleasants Hardware store at 2024 W. Broad St. in Richmond’s Fan District began in spring 2018. Whole Foods incorporated historic elements […]