Richmond, VA – December 17, 2021 – Buildings along West Main Street near VCU have sold for $21.75 million
Those colorful Uptown Richmond buildings along West Main Street, just west of Virginia Commonwealth University’s academic campus, have been sold for nearly $22 million.
The 47 parcels represent the largest piece of the Eck Enterprises’ extensive real estate portfolio in the Fan District after the family put it on the market this year.
Carolina Capital Real Estate Partners, based in Charlotte, N.C., acquired the 47 properties for $21.75 million, according to Kit Tyler, a senior vice president at Commonwealth Commercial Partners who brokered the sale with Tucker “Nash” Warren, a senior associate at the commercial real estate firm. The deal sale closed on Dec. 15.
The properties are used for retail, offices, restaurants and about two dozen apartments, along with about 267 parking spaces. Tenants include Kokonut Grill, Uptown Color, City Dogs, Greenbriar Café, Uptown Gallery, Gold’s Gym, Turning Basin Capital Partners and Reynolds Gallery.
“I call it Richmond’s ‘rainbow row’ because the buildings are painted with different pastel colors,” Tyler said.
Those properties are among the 158 different parcels owned by Edgar C. Eck Jr., who oversaw the family Eck Supply Co. electrical supply business.