Posted on 10/7/2020 by Mike Platania at Richmond BizSense
Kicking off a busy autumn, a Scott’s Addition-based developer has secured another piece for its Hardywood-anchored project, while also grabbing 3 acres nearby for the future home of a fast-growing local startup.
Spy Rock Real Estate Group purchased 1900 Ellen Road near The Diamond for $2.7 million, as well as 1601 Overbrook Road for $4.2 million.
The Ellen Road property, which was formerly a paint distribution center for Sampson Coatings, will be filled by Grenova, a health tech firm that makes laboratory devices that clean pipette tips. Grenova will move its operations from Clopton Siteworks in Southside to the Ellen Road building, and more than triple its footprint from 10,000 square feet to 33,000 square feet.