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Henrico office, warehouse building sells for $12.4M
A flexible property with warehouse and lab buildouts in Henrico County sold for $12.4 million, Cushman & Wakefield | Thalhimer‘s Capital Markets Group announced Tuesday. Located at 8040 Villa Park Drive in the Villa Park Business Park, Villa Park I is a 74,862-square-foot property. The property was 94% leased at the ti[...]
Carver Station to bring food hall, coworking space to RVA
Future Cities, the development firm behind the anticipated GreenCity development in Henrico County, has plans to renovate a historic substation in the Carver neighborhood of Richmond and turn it into a mixed-use development with a food hall, coworking space and micro retail. Carver Station, which will be located near Clay and Ha[...]
Second Richmond casino referendum is off ballots
The Virginia General Assembly‘s two-year budget, which was passed by both houses Thursday and sent to the governor, includes a provision that would delay a second casino vote in Richmond, where voters defeated a referendum last year. The language would not allow the referendum to appear on Richmond’s ballots until No[...]
Performance Food Group promotes three executives
Goochland County-based Fortune 500 food products distributor Performance Food Group Co. promoted three senior leaders to executive vice presidents on Wednesday. Chief Information Officer Don Bulmer, Chief Human Resources Officer Erika Davis and General Counsel and Secretary Brent King became executive vice presidents of Performa[...]
Home improvement
Affordable housing isn’t the first thing that comes to mind when you think of the University of Virginia. But it’s top of mind for U.Va. officials who have pledged to support the development of 1,000 to 1,500 affordable housing units in Charlottesville and Albemarle County over the next decade. To jump-start the effo[...]
Back to work
Although the nation’s commercial real estate market is still lagging for the most part, that isn’t the case in Charlottesville, where fresh new multiuse projects have perked up interest in workspaces. The nationwide vacancy rate for office space in the first quarter of 2022 was a rather dreary 15.7%, according to Yar[...]
Ad agency spotlights historic editor, businessman
The life of 19th century Richmond Planet newspaper editor John Mitchell Jr. — who fearlessly railed against lynching and segregation — will be showcased in a documentary debuting at the 11th annual Richmond International Film Festival on June 10. Mitchell became editor of the Richmond Planet at 21, two years after the paper&[...]
Gift of a lifetime
For Dr. Todd Stravitz, February was an opportune time to make the largest gift in the history of Virginia Commonwealth University — a $104 million donation to support liver research. The retired medical director of VCU Health’s Hume-Lee Transplant Center, Stravitz is an heir to the Boar’s Head Provisions Co. Inc. f[...]
Albemarle’s industrial age
In Albemarle County, industrial space, not office or retail, “has been the bright spot in commercial real estate” in terms of demand, says Lisa Sturtevant, research leader at Bright MLS Inc. “All of a sudden, there’s been a big rush for industrial space,” she says, but adds, “Good luck in finding it right now.” Albemarle […]
VCU Massey Center names internship for attorney
Virginia Commonwealth University’s Massey Cancer Center has established an internship named for Hunton Andrews Kurth LLP Partner Rudene Mercer Haynes, the law firm announced last week. “I am humbled by this honor and pledge to continue my support of the live-saving and life-changing work performed by the brilliant clinic[...]
McKinnon and Harris names president
Richmond-based outdoor furniture maker McKinnon and Harris has promoted Ken Dail to president, the company announced Tuesday. Co-founder Will Massie will become CEO and continue to play an active role in new product development and progressing the company’s long-term vision. Dail has been at McKinnon and Harris for 12 years and most recently served as […]
VCU Medical Center appoints chief nursing officer
VCU Medical Center has named Tina Mammone its new chief nursing officer, the Richmond-based medical campus for Virginia Commonwealth University announced Tuesday. She begins Aug. 7. Mammone joins from Providence St. Vincent Medical Center in Portland, Oregon, where she is currently serving in the same role. There, she is credite[...]
