Page 4 - Sauer Properties News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The self-guided tours helped familiarize potential respondents with the Diamond District that the city is looking to redevelop.

The 78-year-old company is wrapping up a rehab of a three-building site on the Blackwell side of Route 1, taking the main building as its office and leasing out the others.

Becknell sells five Richmond-area industrial properties for $65M April 19, 2021 Tenants at the Airport Distribution Center that recently sold for $65 million include WestRock, Bunzl, Mann+Hummel and Veritiv. ( Mike Platania photo) Richmond’s industrial real estate sector continues its red-hot streak, with a new-to-market firm dropping over $65 million to get in on the action and a VCU Health-anchored building fetching $8 million. New York-based Raith Capital Partners recently purchased more than 700,000 square feet of total warehouse space across five properties at 2400, 2500, 2600 and 2700...

Richmond Raceway unloads two parcels to separate buyers for $15.5M Courtesy of Google Maps) Richmond Raceway has recently closed a pair of land deals totaling more than $15 million, paving the way for two new industrial projects. The larger of the two deals land-wise involved the sale of an undeveloped 120-acre plot at 5901 Richmond Henrico Turnpike. It sold for $7.7 million to Dallas-based Hillwood Enterprises. The acreage represents about half of the land Hillwood is looking to build on for its planned 2.6 million-square-foot industrial complex, codenamed Project Speedway. Plans filed with ...

Paper Source latest national retailer to file for bankruptcy in Richmond Mike Platania photo) Looking to get well soon, a COVID-battered chain of stationery and greeting card shops with a location in Carytown has joined the wave of national companies to seek bankruptcy protection in Richmond. Paper Source, a Chicago-based brand with more than 150 stores, filed for Chapter 11 on Tuesday in federal court in Richmond as it looks to get a handle on its debt by selling its assets while staying open for business. It’s at least the eighth big out-of-town brand to come to Richmond for bankruptcy ov...