Wednesday, March 14, 2012

Investing in landmarks: Brothers buy 2 more of city's older buildings

The Riggs Corp.s landmark buildings Year Building Yearbuilt name Address purchased Floors Square feet Pricepaid 1950 Woolworth 205 Capitol St. 1998 5 35,000 $650,000 1911 Union 723 Kanawha Blvd. 2000 13 58,000 $1.2million 1915 Security 100 Capitol St. 2001 11 70,000 $625,000 1940s Atlas 1031 Quarrier St. 2004 8 60,000 $1.7million 1919 Medical Arts 1027 Quarrier St. 2004 5 55,000 $675,000 TOTAL: 278,000 $4.85 million

KANAWHA City natives Martin and Thomas Riggs quietly haveassembled a real estate portfolio of downtown Charleston landmarks.

The Riggs Corp. owns the Union …

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