The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-12-08
NOTABLE DEALS MADE.
IN BUSINESS PROPERTY
Activity Around the Corner of Twelfth and Main Streets Re-
suits Transfer of hree Pieces OF
Business Building Brings a Good Price-AI Agents
Report Fine Business and Good Inquiries 81

Business property held the csntol
of the stage in real estate circles IT,
past week and some notable oal10
were reported, with innumerAblq
rumors of others equally importAmG
pending. MI
The rumor Of new skyscraper a1kss
Twelfth and Main, which has booU
In circulation for some time, and 49,
inspired by the quiet work of a Philops
delphia syndicate in securing necoU
sary land for the proposed fiftoon4S
story skyscraper at Twelfth and Ban1fs|
streets. aroused activity in that neig1xs
borhood, and as a result almost ali 3E 81
the property from Twelfth and Ma1n
to the Travellers building has chanfM
ed hands While some of these dealo
were practically closed O week o.
more ago. they have just become puh~
lie property. and those on the insl6ma
knew what inspired the activity.
Buy Main Street Corner.
Coleman Workman has purchaser
the old Dispatch building at The
northwest corner of Main and Twelktn
from the Whitiock estate for $50 ,O0oS
and the adjoining structure. occuptei B
by the Hotel Lawrence, from r, H.
Scott and others for $4,000. whdlUA
Henry Wallerstein secured the uexdSss d
building, now vacant, No. TIA, from
William Ashby Jones for $4,000. The
Main street frontage of Mr.. WaafofA
stems acquisition is twenty feet, whf1G
the combined purchase OF Nh
workman is about double that spaces.
The three buildings run back 4 H.
tie over twenty feet. III
The corner building at Twelfth anM8
Main, was sold about twenty yeax1
ago for the Campbell estate by IxS
Thompson Brown & CO. TO tie Whix@ff
lock estate for $4,000. and in thaA
period has doubled in value. THO
figures given were not confirmed u
the purchasers, nor have they out
lined their plans for the future, hu4
1t Is the general impression that tho
property was bought for speculative
purposes
Broad Street Store Sold.
There was an interesting traneA
action In Broad street business prop.
erty too. w. A. Sorg purchased the
three-story brick building at Second
and Broad, in which his firm Ia To-
lated, for sss.2o0, and real estate men
say he got good bargain. The deal
was made through J. p. Carneal -
Son. @s
The three-story brick cuisines
building at the southwest corner ~ 4
Franklin and Fourteenth streets alsQ
ing $4,000. Robinson Phillips
made the deal, but THE name OF thu
purchaser was withheld. This enters \
prising firm also disposed of Weeo
End and Jackson ward PROPERTY
amounting to $4,000.
The Simpson warehouse on CARY
street. between Twelfth and Thir~
teenth. went under the hammer the
past week, bringing sIS,7oo. +. ~
Todd ha rEo 4
Richeson & Crutchfefd also fapd4S
led some important business property.
which embraced West Broad streAeS
lot near Elba station, which netten
$50, 600; some Fifteenth street bua7.
ness property at $4,000 and q 81 Jr1a
on Fifth. between Broad and MarshAli.s
for $4,000. The details as to purs.
chasers and exact locations were npA
ready for publication. In additiorLs
Inc firm rolled up some smaller traRs.
actions that founded up / weeks4|
showing OF over $4,000.
Another Subdivision.
w. M. Miller & CompanE sold r.
230-acre tract on the Brook road co.
local syndicate for $4,000. It A1a
understood that those interested VIM
begin work imme diately on makapnf8
an up-to-date subdivision OF the pr0p~
erty. Streets VIII be cut and iHta#
the market g|Ss
Gibboney & Nuchols report q fln1Ia
week. and among other good thinnS
the sale of thirty lots on the BoufG
ward in the vicinity of the Battle 49,
hey.
Golsan & Nash turned over ost
property amounting to over $50, Co.
but details were withheld until I'LL
deals have been closed. All Of tN1@&
fra e. cfianS 1R6&f3HM
Golsan. like most OF the others an4x
preached. repyrt an active week, weEMS
increasing activity as to inQulFSo Z
which promise early development.
Green & Reed had good woak 1f&
West End and Northside lots 1l1S
Green stated that the opening Of v1&1a
teen street, now proposed. would c.
tainlv boom business property In t1X
section. saSa
He hopes and believes that u1&S
short-sighted policy will prevent en1EA
streets being opened to Leigh stro0l2
which he believes is the only loei0G \
course TO pursue. MI