The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-02-19
Bann er w e Elk Of the
New Year; Increased
Activity.
BIG SA L E A T
FIFTH AND GRACE
Business Property in Active De-
mand-New Stores Going Up
in Various Sections-No Ces-
sation Of Activity in
Suburban Property
:, Deals. -

tivity In the real estate realms. ana
all Of the agents arc wearing broad
smiles of supreme satisfaction. or
.iearly all Of them are. There was
Increased animation In all lines from. !.
one end OF the city to the other IN
creased activity in business and in
oustrfal properties and more sales
larger sales and more of them in resi-
Dental properties. real reawakeninr
in the suburbs and greater inauirv for
virginia farm lands were the feat.
ures of the week
some OF the agents attribute these.
pleasing conditions to a loos ening .,,r,
o. me mcncy market some attribute.
eneni 70 better weather. and yet 9TH
ers just declare that it is due to the
hustling qualities OF the real estate
agents. Perhaps all Of these things
combined to make things hum, bur
after all the activity Is due mainly to
me fact that men with money for In.
Festment know there is nothing Bet.
ter and safer to put it in than Rich
mend city and suburban realty ana
Virginia farm lands II
or the Larger Denls
one of the deals Of importance Uas |
pulled off by Elan & Tunstcn. vino
aetlnE Tor the estate of w. II. Scott !,
entered into contract with Schwarz J
sehlld y Sulzberser Company to erect
Tor their use on the lot a t the south. i
west corner of Seventeenth and Grace
streets a building to be used as pack
Ing houses and office rooms. 1t ia
understood that the building which
IS to cost $40 600, is to be erected az
once, and the firm is to lease it for a. \
period OF twenty years The Chesa
Rat .;d
tracks into the building. and ii is to
be an up-to-date establishment in all
| RESPECTS.
The Largest deal Of the week and
for the year, as for that matter was
the combination deal involving 500
uoo worth Of property at Fifth and
|, Grace Streets. Thalhimer Brothers
bought from several parties ll2 feet
onyFifth Street running from an alley
IN TIE; rear of their present Broad
Street store to a point near to Grace,
! Street, and also the adjoining lot ana
buildings to the west and running 1877
| feet to Grace Street The object Of
the purchasers is to more than double
! the size Of their present store and give \
| ii Fifth and Grace Street entrances as
Well as a Broad Street entrance.
! Huafnesn Property In Demand.
l2icheson & Crutchfeld sold during
the week four stores. two on West
broad Street, one on Baker Street and
| one on East Main Street for all Of
whicl they got se9,25o. They also sold
! four West Erccd Street lots. on which
| Tour stores are to be erected at once
For these lots they got $l5.l20. They
| also sold siXty-foot lot near Eff
teenth and Franklin, upon which a
store is to be erected. Another agent
| sold $4,000 worth Of vacant ground
on West Broad, upon which business
houses are to be built Other bust
ness properties We're sold by various
| agents. but for rea sons best known
| to themselves they decline for the
nresent to give ont any particulars.
| To give an idea Of the Broad stree.
business property values. 1t may he
mentioned that a store situated OH tha
north side between First and Fou-
shee, was offered LAST week al nuc-
ton BY III. seldom Taylor & Co. and
withdrawn after u bid Of $1,000 pc,
! front foot had been made
Residential Property Active.
/ Nearly all of the agents report good
| business in residential property. and
many sales made. ELAN & F'unste,,4
| sold the residence of Or. John s. Well-
/ ford No. 3l3 East Craze. for Sl2.6n0.
| and S. seldom TAYLOR & 60. sold two
! high grade Grace street homes
j. G.. Pollard reports business very
! good and real estate ''conserva lively
I
business of the year the past week.
| the sales being OF various classes Of
I property, and the deals being valued
/ from $4,000 down. Mr., Pollard de-
| clined TO particulnriZc when asked
| about these sales. lie rathor inti~4
| mated that he was bordering on the
conc!uSHn that real estate agents.
! ought u seal their lips when men OF
| news are around, and said he knew
| that some of the nlen.wi'o lens! money \
/ IN realty arc OF that way OF think
/ Ing Nearly al Of the agents seen
/ yesterday concur in the general state
| ment that last week was the banner
| week so far, OF the year in real es-
ttnte. but when my inquiries reached
| the point where particulars and speci-
i locations Mere expected to come in, the
! most of them in fact, nearly all OF
/ them. like MIR. Pollard began TO chew
! sealing wax. ST.
/ In the suburbs. ~
4 Me sing feature of the week was5
renewed activity III desirable suburban
! properties. Out about the Battle .Ab n
bey site many sales we're made Amos.
& Poindcxter sold III feet 10 one ma n
+, and raked in $40 per front foot for
the same. ,.g Z.
In all Of the suburbs were to be
j seen investigators and innulrers. and
not n few sales We're made. Presi-5
dent Funston, OF the Lewis GinterF
| Land and Development Compa ny. wa Z
! asked about the early spring activity
! in Ciinter. Park He said the evidence
! WAS several new houses TO be CONS
| on Noble Avenue. another for John s.
/ EGgleston on Seminary Avenue. and
still another for Arthur Trevvett, HeB
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