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Straddling the Goochland-Hanover line, the 14-lot park is expected to meet a growing demand for light industrial space in the Richmond market, which was recently listed as the 13th tightest industrial market in the country.
The North Carolina investor paid nearly $1.5 million for the property in January of 2020, just in time to be dealt a blow by the pandemic-induced office market downturn.
The first phase of redevelopment at Creighton Court gets underway, and a $121 million bond issuance is approved in Henrico. (BizSense Pro required)
A new phase of the RounTrey development is proposed in Chesterfield, an industrial park planned near Oilville is up for a vote, and Richmond’s credit rating is affirmed. (BizSense Pro required)
From a local brewer returning to the mound, to a law firm president's hall-of-fame swimming, this year’s edition of our Downtime series was one for the record books.