INSIGHTS

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First Citizens Bank Closes on Land for City Branch

First Citizens Bank this week purchased the land where it will build a new branch near the southwest corner of U.S. 1 and Cowan Boulevard in Fredericksburg. The bank paid $1.6 million for the 1.68-acre pad site in the Silver Cos.’ Cowan Crossings development. The land...

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Office Demand Still Catching Up With Job, Business Growth

The slow but steady progress in the recovery of the economy continued to present somewhat of a conundrum for the office market in the first quarter. On the one hand, despite moving in fits and starts, the recovery has helped stablize the office market and support...

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New Commercial Project in the City of Fredericksburg

The Silver Cos. is planning a commercial development along U.S. 1 near the intersection of Cowan Boulevard in Fredericksburg. A limited liability company composed of Silver principals Larry Silver, Jud Honaker and Ed Minniear last month purchased about 6.6 acres of...

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