The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-06-02
REAL ESTATE AND
BUILDING NEWS
A Big Deal in Suburban
Property by j. Thomp-
son Brown & Co.
BROOKDALE LAND
BRINGS BIG SUM
Boulevard Residence Park
Owners Much Elated at I'M
provements-Ginter Park
Forging to Front as
Social Cen

estate firms said. in reply to guess
ton as to the record OF the week'A
transactions in real estate: We are
rot thinking real estate this week.
There sits man" pointing to pros
Ferrous looking business man seated
rear the office door. who Is about to
close a 100000 deal through us, but
with the town packed with tho old
veterans, among whom are scores OF
friends. what can we do but waive
business and give our office and per-
sonal attention to our visitors?'
The Times-Dispatch man found this
case only a representative one OF many
Offices visited. tile real estate agents
being busily engaged In extending the
proverbial Richmond hospitality to the
hosts Of friends and visitors who are
in the city.
There isn't an absolute lull In trad
ing, however, for q healthy movement
Is reported along normal lines, but
several large deals are being given
second place In Difference to the gems
eral atmosphere of good cheer that pre-
walls throughout the city.
The cessation of activities last weeks
will no doubt result In some lively
work during the next few days. as
quite q number of deals which were
delayed on account of reunion fes-
tivities will be brought to q final close
as soon as possible, and tho lost tina
be made up.
Building continues active. and all
the trades are very busy. The coming
summer will no doubt SEQ creator ac-
tivity than has been witnessed in build
ing circles for some time.
Deal In Suburban Property.
A deed of bargain and sale'' was re-
corded yesterday by Mr.. Irving E.
Campbell in Henrico County Court
from j. Thompson Brown and Leroy
Z. Brown and wives conveying to the
Brookdale Corporation about ninety
COD acres OF land adjoining Ginter
Park, at $S2.s21. This Is the culmina-
ton of an extensive deal in real es-
tate, partial notice OF which has here's
tofore appeared In these columns
Mr.. Leroy Il. Brown, Junior member
OF the firm. says that the property con-
sists OF several tracts acquired by him
and his brother many years ago, In
| fact long before any purchase was
made by the late Major Lewis Ginter
In this direction. They have been ap-
preached time and again by parties
to purchase the properly, having held
|. 1t at $1,000 per acre. 1t Is considered
among the very best suburban tracts
adjacent to Richmond, and many flat
| tering offers have been declined by
them for it.
Several months ago, after quite
negotiation, Mr.. Irving Il. Campbell
obtained an option on the property at
$3.50 per acre, and he associated with
him Messrs. c, c. Walton. Jr.. and G.
| A. HOLE, OF Norfolk. These three gems
tlemen have Just succeeded In organiz-
| ing syndicate to take up tho option.
Il Is said that the syndicate Is COM
| posed of some of the best and most
81 hs tnn n hnS inc man ON IL rlf
In Richmond and Norfolk. Their in
| tention is at once to develop the tract:
and to this purpose they have lately
chartered the Rrookdale Corporation.
under which name this beautiful tract
! will be subdivided into goods lots,
! streets graded and other improvements
| of very beautiful and extensive chars
ter will be at once put upon the prop-
| erty. The officers OF the company are
! r. r.. Creecy, Jr., president: Langbourne
! NJ Williams, vice president; c. c. Wal-
ten secretary; Irving E. Campbell.
treasurer and general counsel. and the
directors the above, with the addition
OF Messrs. Warner Moore e. A. Shep-
pard and C, C, HOLE.
1t VIII be under the immediate man.
1 aEement of Mr.. d. r. Creecy, Jr.,
4 president of the corporation, who very
recently developed Lee Annex Cot
I pc ration and carried 1t to a most sue
SeSslui cuIlCluSloH Inc property VIII
\ be divided into lots. whichswill be sold
on the instalment plan. They will be
II surrounded by Eranoithlc walks and
other Improvements. Mr.. Brown says
that the original parties who went into
!, Lee Annex Corporation realized 81 for
81 for their investment. After clos
u ing out Lee Annex Mr.. Creepy next
exploited Park Place" Addition. and
, also made a pronounced success of it.
This investmentof Mr. Creepy and his
friends in Brookdale Corporation Is
} predicted by those who know the men
who are interested in it as likely to ba
3 the most successful one yet undertaken
by them.
boulevard Residence Park.
. The Bunting McNeal Real Estate
:, Company, owners OF Boulevard Resi-.
: dence Park are much eiateti over tho
. completion of the new sewer in the
Boulevard which was laid at total
cost of 100000, as this Viii now enabla
5 persons who have purchased lots To
build their homes in this beautiful sub.
division,
The Bunting McNeal Real Estate
Company purchased Boulevard Resi-
dence Park" fronting several hundred
feet on one of Richmond's most fash
ionable drives. the boulevard, about
eighteen months ago. and feel they
. have been very fortunate in the In
> vestment, as the property has since
been annexed, and is now a part OF
: the city. AS the sewer is now ready
), for use, 1t will give the lot owners and
: those who build every convenience tho
city affords
Richmond also has reasons for con-
> sratulatons In annexing boulevard
Residence Park" as the company, In
addition to having given soma OF the
most beautiful home sites imaginable
to the city, have laid granol!thic side
walks and CURLING about the whole
property and on Colonial Avenue. when