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Riverside on the James, LL Flooring headquarters sell for combined $93M Mike Platania photos) More than $90 million of out-of-town money swooped into the Richmond market in recent days to fuel a pair of sizable office building acquisitions. Riverside on the James, an office and condo tower at 1001 Haxall Point, sold this week for $77 million, while the LL Flooring headquarters building at Libbie Mill Midtown at 4901 Bakers Mill Lane sold for $15.9 million. Both deals were recorded with Richmond and Henrico this week. Totaling 15 stories and 264,000 square feet, Riverside on the James was purchased by New York’s Opal Holdings. The seller was D.C.-based American Real Estate Partners, which bought the building for $63.7 million in 2011 from its original developer, Dominion Realty Partners. ....
Starbucks planning takeout-only store with no customer seating in the Fan Jack Jacobs photo) A Starbucks. Hold the dining area. One shot of takeout. That’s what the Seattle coffee giant has ordered for one of its latest Richmond-area locations, a takeout-only store in the Fan near VCU’s campus. Starbucks plans to open the new-to-market concept at 1115 W. Main St. in an existing commercial building next door to a 7-Eleven. The property is owned by Mark Wilson, who said he believed the location would be Starbucks’ first such outpost in Virginia. “It’s a new concept for Starbucks and this will be the first one in Virginia to have this concept,” property owner said on Thursday. Wilson declined to comment further. ....
Starbucks plans to build new cafe at Gayton Crossing shopping center 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.
Missed opportunity for PPP funds doomed Nota Bene restaurant Jack Jacobs photo) Even with a pivot away from dine-in service to a takeout model, Nota Bene couldn’t outlast the coronavirus pandemic. The five-year-old Shockoe Bottom restaurant, which started as the Pizza Tonight food truck, ceased operations Sunday as owner Victoria DeRoche seeks a buyer for the business. DeRoche, who opened the restaurant at 2110 E. Main St. in 2015, said the switch away from sit-down service to a market concept offering to-go and delivered meals and wine and beer brought in some revenue, but not enough to sustain the business as the pandemic lingers. ....