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Downtown's Branch Building sells at auction for less than what seller paid four years ago

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.

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Man convicted of killing teenager at Sandston mall sentenced

Jihad Ruffin, 20, will spend a total of 28 years in prison and 10 years of probation for the shooting death of 16-year-old Jamirah "Moo Moo" Washington.

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Father-son development duo adds to property portfolio with Arts District deal

Antar and Nael Abouzaki own buildings elsewhere downtown and in the Fan, including a Grace Street property slated for a new development and an old bank building on Main Street.

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Father-son team plan to raze building on Grace and put up new apartments

The space formerly home to Shawarma Shack and several other eateries over the years would be replaced by a three-story building with 21 apartments.

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Local investors grab foreclosed downtown bank building at auction for $570K

Local investors grab foreclosed downtown bank building at auction for $570K
BizSense file)
Antar Abouzaki has a knack for sniffing out deals at auction.
Last Friday, he and a group of investors won the foreclosure auction for the old bank building-turned-nightclub at 1005 E. Main St. with a winning bid of $570,000.
It was the second time the building’s been auctioned in recent years. A pair of West Virginia investors bought it in 2015 for $1.02 million at a bankruptcy-ordered auction, only to default on the property earlier this year.
About 30 people were in attendance at Friday’s auction. Auctioneer Walker Commercial Services kicked off the bidding with a $170,000 bid from an online party. Roughly four minutes later, Abouzaki was announced the winner.

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Richmond man pleads guilty in shooting that injured 2-year-old in Henrico

A Richmond man has pleaded guilty to aggravated malicious wounding and a gun charge in a shooting that injured a 2-year-old Henrico County boy last year.
Ara Donnell McLaughlin Jr., 20, entered his plea Thursday, and faces up to life in prison. He is scheduled to be sentenced in March. A co-defendant, Randy Onan Vaughan Jr., has yet to be tried.
The shooting occurred around 6 p.m. on Dec. 10, 2019 in the 400 block of Winston Street. The victimâs grandmother lives there with her 13 children and five grandchildren, ages 2 to 8, according to Nael Abouzaki, a Henrico prosecutor who handled the case.
The matriarch was decorating the Christmas tree when she heard the gunshots and saw her grandson, standing near the open doorway, get shot in the head, Abouzaki said in a phone interview Monday.

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