Three downtown office buildings sold.
The State bought 400 E. Cary Street (formerly United Dominion Realty
Trust) for 6.5 million that will house health department clinics for
both the state and city in the 51,000 s.f. space.
VCU Heath Systems bought One Capitol Square for 8.95 million to
relocate employees from other properties around downtown into the
188,000 s.f. space.
The State bought Main Street Centre (600 E. Main Street) to expand the
existing VA Department of Taxation and relocate other state agencies
over time.
www.venturerichmond.com
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Afton Chemical Corp. Research and Development Facility Expansion
500 Spring Street
When completed, the new two story building will add approximately
30,600 sq ft to the existing 250,000 sq ft research center. The new
addition will provide office, laboratory, and mechanical test spaces in
order to meet the needs of OEMs and customers in the driveline market.
Construction on the new building is expected to be complete by the
third quarter of 2009.
Afton Chemical Corporation is a wholly owned subsidiary of NewMarket
Corporation (NYSE:NEU). Afton Chemical develops and manufactures
petroleum additives that enhance the performance of lubricating oils
and fuels to enhance their performance in machinery, vehicles, and
other equipment. From custom-formulated chemical blends to
market-general additive components, Afton Chemical technology helps
fuels burn cleaner, engines run smoother, and machines last longer.
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11.05.2008 
