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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Rolls-Royce supplier lands in Henrico


A United Kingdom-based supplier for Rolls-Royce has established an office and manufacturing center at the Byrd Industrial Park in Eastern Henrico, the Greater Richmond Partnership announced July 18.

Erodex Ltd., a graphite products maker, recently signed a five-year agreement with Rolls-Royce to supply goods to the automotive company's Crosspointe campus in Prince George, Va. Erodex invested $2 million and hired four to quickly ramp up production for its client. > Read more.

New Walmart opens in Eastern Henrico


JULY 19, 7 A.M. – Eastern Henrico's first Walmart Supercenter opens to the public today at 5001 Nine Mile Road. The store, which occupies about 190,000 square feet and employs about 300 people, is located at the site of the former Fairfield Commons Mall, which is now known as Eastgate Town Center. > Read more.

Unattended oily rags cause fire in commercial building near Richmond Raceway


Unattended oily rags that spontaneously combusted caused an early morning two-alarm fire Tuesday in a commercial building in the 3800 block of Carolina Avenue, across from Richmond Raceway.

Henrico firefighters were called at about 5:10 to respond to reports of smoke coming from the building. Once they arrived five minutes later, they found thick smoke pushing from the rood on two sides of a warehouse whose tenant specializes in woodworking and hardwood floors. > Read more.

Crime Stoppers’ Crime of the Week: July 17-23, 2017


Crime Stoppers needs your help to solve a Hit & Run in the City of Richmond.

The crime occurred in the Carver neighborhood at the intersection of West Broad and Goshen Streets, around 6:45 p.m. on Sunday, May 7. Officers were told the victim was on his motorcycle and traveling westbound on West Broad Street. > Read more.

Henrico County property transactions, July 3-9


A sample of property transactions during this period appear below:

5304 Coxson Rd. – $126,500, 1,819 SF (built in 1953), from Madeline M. Weaver to Kyle and Aja O. Powers.

2451 Yarnell Rd. – $140,700, 1,196 SF (built in 1972), from Albert C. and Mary E. Nolan to Albert C. Nolan Jr.

909 Bowitch Ct. – $194,500, 1,824 SF (built in 2001), from Agnes H. Jones to Mark A. Dawkins. > Read more.

Henrico Business Bulletin Board

July 2017
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SPARC’s SummerStarz Touring Ensemble will present “James and the Giant Peach Jr.” at several venues throughout the Richmond region including two in Henrico County: July 24 – The Cultural Arts Center at Glen Allen at 7 p.m.; and July 26 – Regency Square Mall at 12 p.m. and 6:30 p.m. Based on the beloved book by Roald Dahl. All performances are free. The July 26 performances will be sign-interpreted. For details and to purchase tickets, visit http://www.sparconline.org/tickets. Full text

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