Richmond BizSense reported today that Jeremy Connell’s Manchester Pie Factory has sold.
According to BizSense:
“The Manchester Pie Factory building at 612 Hull Street has been acquired by New York-based MJP Acquisitions for $2.15 million, confirmed seller Jeremy Connell, who redeveloped the building into mixed-use six years ago.”
The sale is a good sign that out of town investors see the increasing stability of Manchester as developers look to recoup their investments from historic tax credit projects.
Mr. Connell is the man behind Manchester’s contemporary 7 West development as we reported in August.