“Charlottesville is very attractive. It allows us to springboard into Roanoke and southwest Virginia very easily,” Dee Ann Remo said of one of the drivers of the deal.
A $45 billion Pennsylvania-based bank, is the latest big name to sign on at the shopping center, which is under redevelopment at the hands of owner Sauer Properties.
The deal follows last week’s sale of McGeorge’s two Toyota locations, marking the end of the family’s longtime run in the car business.
The dealership would rise on a site that was approved eight years ago for a memory care facility. It’s also across the street from a rival car dealership.
The deal combines Partners Financial FCU’s $93.7 million in assets and 7,900 members with that of Argent CU, which has $426 million in assets and 28,000 members.
The long-running Richmond car dealer has handed over the keys to two of its Broad Street stores to an auto group owned by publicly traded Graham Holdings.
The former Live Well Financial CEO still has his pending appeal as a way to potentially overturn his conviction and stay out of prison.
Richmond’s biggest bank has lightened its load as a landlord and brought in some extra capital as a result.
A crowd of more than 300 got an inside glimpse last week of a former Regency department store’s ongoing transformation into a “pickleball paradise.”
A big-box retail building near Short Pump is trading printer paper and highlighters for drivers and irons.
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