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MIL-OSI: Becknell Industrial Closes on Land Parcel in Richmond

MIL-OSI: Becknell Industrial Closes on Land Parcel in Richmond
foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.

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Hard Hat Happy Hour Virtual Tour: Sauer Center - Richmond BizSense

Hard Hat Happy Hour Virtual Tour: Sauer Center - Richmond BizSense
richmondbizsense.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from richmondbizsense.com Daily Mail and Mail on Sunday newspapers.

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Longtime roofing firm builds own roof over its head for new Southside HQ

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. ....

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Becknell sells five Richmond-area industrial properties for $65M

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 Distribution Drive at the Airport Distribution Center in Eastern Henrico, and at 8750 Park Central Drive in northern Henrico.
Raith purchased the buildings for a total of $65.4 million, per county property records. The acquisitions mark the firm’s first foray into the region. ....

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Richmond Raceway unloads two parcels to separate buyers for $15.5M

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 the county show that Hillwood is seeking to build on a total of 247 acres, with the other half of the project rising across the street at 5900 Richmond Henrico Turnpike. As of press time, county property records show that land is still owned by Richmond Raceway. ....

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