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Richmond-based NewMarket to buy rocket fuel firm for $700M

Richmond-based NewMarket Corp. has agreed to acquire the Utah firm that makes the additives that give sold rocket fuel an extra boost, for about $700 million. ....

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CoStar buying downtown riverfront office building that bears its name

CoStar buying downtown riverfront office building that bears its name
BizSense file)
CoStar Group is primed to gobble up more downtown Richmond real estate.
The commercial real estate data giant, which already spent $20 million this summer on four undeveloped acres along the riverfront, is under contract to purchase the neighboring nine-story, 310,000-square-foot office building at 501 S. 5th St., which it shares with packaging firm WestRock.
CoStar CEO Andy Florance announced the deal Tuesday during a virtual meeting with the company’s employees, according to multiple sources with knowledge of the announcement.
The sale has not yet been recorded on Richmond’s property records. However, on the same day as the meeting, the status of the building was listed as “under contract” on CoStar’s own real estate databases. ....

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