Local Real Estate Development Group Acquires Former Circuit City Headquarters
An experienced real estate development firm has completed the first step of buying the former headquarters of bankrupt retail behemoth Circuit City. DRCC Properties paid $2.75 million for the 58 acres of land on which the headquarters sits at Mayland Drive in Western Henrico. Richmond-based Pruitt Associates is behind the project. The deal closed on [...]
Capital One Giving New Life To Two Innsbrook Office Buildings
Capital One is buying two buildings in Innsbrook for a possible call center and operations center. The two buildings, located on Wheat First Drive, total about 200,000 square feet and are close to Capital One’s Knolls campus. The credit card company is under contract, according to local sources, and the deal is imminent.
Blue Ridge Mountain Sports Plans To Open New Short Pump Location This Fall
A Virginia-based outdoors gear and apparel shop is upping its game now that a national chain has come to town. Blue Ridge Mountain Sports, a Charlottesville-based chain that sells camping and hiking gear such as tents, sleeping bags and fleece jackets, just signed a lease for 8,000 square feet at Towne Center West near Short Pump [...]
Former LandAmerica Customers Vote For Bankruptcy Plan
Innsbrook-based LandAmerica’s former 1031 exchange customers have come to the final stage of grief: acceptance. After a fiercely contested and emotional battle against the formerly Richmond-based title insurance company, 97 percent of the exchangers voted for the bankruptcy plan.
New Store At The Shoppes At Westgate Will Pamper Pooches
Just because you have cut back on luxuries, doesn’t mean your dog has to. Husband and wife team Don and Chris Vondriska are preparing to open Fido Park Avenue at the Shoppes at Westgate, located across from Short Pump Town Center.
Restaurant Chain With Short Pump Location Files For Bankruptcy Protection
A recent entrant to the local restaurant scene with a location in the Far West End has filed for bankruptcy protection. Pittsburgh-based Max and Erma’s filed for Chapter 11 bankruptcy protection Friday to stave off one major creditor. The Short Pump location is in the John Rolfe Commons Shopping Center.
UK-Based Insurer Cuts Ribbon On New Nuckols Road Headquarters
Elephant Insurance held a ribbon-cutting ceremony Wednesday at its new office in the Concourse at Wyndham office park on Nuckols Road. The company, which is a division of UK-based Admiral Group, sold its first car insurance policy at the start of the month and sells only in Virginia for now.
S&K Menswear’s Customer List & Intellectual Property Being Sold
Streambank will again be coming to Richmond to sell off the intellectual properties of a now defunct Short Pump-based retailer, S&K Menswear. The Massachusetts-based advisory firm helped another former Short Pump-based chain, Circuit City, sell it’s intellectual property, including trademarks and customer data.
New Electronics Retailer Plans To Hire 80 At Short Pump Job Fair
Electronics retailer hhgregg announced plans to hire about 80 people to work at its two new stores in Richmond, one located at Short Pump Town Center and the other near Chesterfield Towne Center. The stores will open sometime around Thanksgiving.
New Startup Rises From Ashes Of Short Pump-Based S&K
And from the ashes, new life emerges. Sounds biblical, but in this case it applies to three entrepreneurs who have a plan to sell low-priced menswear online. Bert Hardy and two other former S&K Menswear executives are trying to take the S&K model and cut out the stores, leaving a profitable online operation.
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