New stores, moves and retail vacancies in Fredericksburg.
Fredericksburg’s Fourth Quarter 2015 Retail Report
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Top 10 Business Stories of 2015
Ten of the most read 2015 Fredericksburg area business stories.
Free Lance-Star Radio Cluster Sold
The Free Lance-Star’s four station cluster reportedly purchased by Alpha Media.
Former Free Lance-Star Executive Building Property Sold
Wack General Contractor purchased the land for a mixed-use development.
FCC Rules Free Lance-Star, Radio Stations Split
Sandton must now decide if it will keep the newspaper or radio stations, or sell them all.
Free Lance-Star Publishing Company Advances Toward Sale of Assets
By Susan Larson
The Free Lance-Star Publishing Company was back in U.S. Bankruptcy Court in Richmond on Thursday. Attorney’s for the publishing company asked U.S. Bankruptcy Court Judge Kevin R. Huennekens to authorize the use of cash collateral through April 30. Lynn Tavenner, the attorney representing the Free Lance-Star, said it would “allow the sale process to get moving.”
Turner Withdraws from Fredericksburg City Council Race
By Susan Larson
Hashmel C. Turner, Jr. has withdrawn as a candidate for the Ward 4 seat on Fredericksburg City Council.
“[I]t makes no sense to have two candidates running from the same neighborhood,” Turner wrote in a March 11 letter to the Free Lance-Star.
Sandton May Credit Bid on Free Lance-Star Assets, Judge Rules
By Susan Larson
U.S. Bankruptcy Judge Kevin R. Huennekens ruled Tuesday that Sandton Capital Partners may credit bid on all Free Lance-Star assets, except for those on which the creditor does not have a direct lien. The excepted assets include the publishing company’s FCC radio licenses, radio towers, vehicles, life insurance policies and bank accounts, according to All Access Music Group.
Freehling Named Assistant Director For Economic Development
By Susan Larson
Free Lance-Star business reporter Bill Freehling has been hired as Fredericksburg’s new assistant director for economic development.
His duties will include assisting in the development of an economic development strategy, serving as the city staffer to the Fredericksburg Economic Development Authority and leading the city’s business recruitment and expansion programs, according to a press release.
Sandton Capital Top Bidder for Free Lance-Star
By Susan Larson
Sandton Capital Partners submitted a bid of $30.2 million and was announced today as the winning bidder for Free Lance-Star Publishing Company assets.
Sandton Closes Deal, Names Interim FLS Publisher
By Susan Larson
Gene M. Carr has been hired as interim CEO and publisher of The Free Lance-Star, Sandton Capital Partners announced Thursday after closing on their purchase of the publishing company.
Additionally, all current FLS staff were offered their jobs at the same salary and with similar benefits, said Robert Orr, Sandton Capital Partners managing director.
WFLS and Sister Stations to Be Sold
Sandton announced it will keep the Free Lance-Star and sell the radio stations.
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