Business in brief


TGM Realty Investors, Inc. has changed its name to Thalhimer Realty Partners, Inc., a change that represents the company’s continued strategic efforts to leverage the full service platform of its parent company, Cushman & Wakefield | Thalhimer, while maintaining its mission to provide real estate investment and development services on behalf of its investment partners. Thalhimer Realty Partners, Inc. manages a portfolio of commercial and multifamily assets valued at greater than $250 million.

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New Boston Fund and RER Equities, Inc. have leased 46,150 square feet of Class-A office space to Magellan Medicaid Administration at WestMark Two in Glen Allen. Magellan will occupy 23 percent of the five story, 204,622-square-foot building and is slated to move in on Sept. 1. New Boston and RER Equities have leased approximately 130,000 square feet at WestMark Two within the past five months, having previously completed an 83,414-square-foot lease with SunTrust Bank. Approximately 74,000 square feet (two floors) remain available.

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The University of Richmond’s Heilman Dining Center recently won the Loyal E. Horton Bronze Award for Residential Dining Special Event from the National Association of College and University Food Services. The winning event was a Titanic Memorial Dinner March 1, which honored the centennial anniversary of the fateful voyage. The Dining Center offered authentic dinner selections from Titanic menus and exhibited reproductions of the ship and other memorabilia, newspaper clippings from the period and a documentary of the disaster. In 2009, the Dining Center won the gold award for residential dining among medium-sized schools and the grand prize in the same category for all colleges and universities.

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Cushman & Wakefield Thalhimer recently handled the following lease negotiations: Showbest Fixture Corp. – leased 20,743 square feet at 4200-4222 Sarellen Rd.; and Dominion Uniserv Unit, Inc. – renewed its lease of 1,004 square feet in the Koger Building at 8001 Franklin Farms Dr.
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New law will expand business development sites

The commonwealth, and especially its rural areas, may get an economic boost under legislation signed into law this week by Gov. Terry McAuliffe.

At a ceremony with the legislation’s sponsors and the state’s secretary of commerce, McAuliffe signed two bills reducing the size of industrial sites that qualify for assistance from the Virginia Economic Development Partnership.
> Read more.

New law paves way for delivery robots

Having your groceries delivered by a robot sounds like something out of The Jetsons, but that prospect is not as futuristic as you may think.

For the second year in a row, the Virginia General Assembly has passed a law to legalize the operation of autonomous vehicles. Beginning July 1, “electric personal delivery devices” will be allowed to operate on sidewalks and other shared-use paths throughout Virginia.

> Read more.

Virginia schools soon must test for lead in water

With the water crisis in Flint, Michigan, safe drinking water is a high priority nationwide, especially for children. Beginning July 1, schools in Virginia will be required to test their potable water for lead.

Senate Bill 1359, which Gov. Terry McAuliffe signed into law on March 20, seeks to ensure that local school boards test the drinking water in schools and that it meets federal guidelines. The Food and Drug Administration recommends that the level of lead not exceed 15 parts per billion. > Read more.

Business in brief


The Virginia Society of Certified Public Accountants (VSCPA) has announced its officers and Board of Directors for the 2017–18 fiscal year. At-large Board members include: Anne B. Hagen, CPA, of Masonic Home of Virginia in Henrico. The officers and directors were sworn in at the VSCPA’s annual business meeting on May 16 in Williamsburg. > Read more.

Free weekly 5k coming to Henrico

The Richmond metro area is no stranger to 5k races and events. To participate in most 5k events, runners must register and pay a fee. But the Parkrun organization will be providing Henrico County with a free 5k every Saturday at Deep Run Park starting June 3.

Parkrun began in England in 2004 and eventually found its way to the U.S.

The Deep Run Parkrun program will be the 10th one in the U.S., said Darrell Stanaford, the country manager for Parkrun USA. > Read more.

Henrico Business Bulletin Board

May 2017
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The Short Pump Symphonette, a group of string players ranging from elementary school to high school students and adults, will perform from 7 p.m. to 7:45 p.m. at Glen Allen Library. The program will include light and classical music from works by baroque, classical and romantic composers as well as popular themes from films and shows. For details, call 501-1950 or visit http://www.henricolibrary.org. Full text

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