Business in brief

Cushman & Wakefield Thalhimer recently completed three leases at Franklin Commons, 5640 Cox Rd., in Innsbrook. SunTrust Bank leased 90,000 square feet, Independent Container Line leased 22,000 square feet and an undisclosed Fortune 100 company leased 44,000 square feet. With the completion of these leases the Franklin Commons Office Complex, which is composed of three Class A office buildings consisting of approximately 298,000 square feet, has been significantly leased. One full floor of 44,000 square feet remains for a large corporate user.

Dominion Automotive Group, doing business as Sears Automotive Center, recently leased 7,850 square feet of space at 4920 W. Broad St. and 5001 W. Marshall St., and MAACO Automotive of Henrico recently leased 7,562 square feet at 3318 W. Broad St. John G. Myers, Jr., of Cushman & Wakefield Thalhimer recently handled lease negotiations for both transactions.

Fortune Magazine recently ranked Greater Richmond 13th best of all metro cities in the number of Fortune 1000 companies per 100,000 residents. Across all U.S. metro areas, Greater Richmond ranked 19th in the number of total Fortune 1000 companies, tying with Kansas City, Mo. and Phoenix, Az. In Henrico, Altria Group ranked 154, Genworth Financial ranked 243 and CarMax ranked 311. Brinks ranked at 645.

Morton Consulting, of Glen Allen, recently opened a new branch in Arlington. One of Virginia’s premier IT and recruiting consultancies, Morton Consulting works with clients and consultants in the Northern Va., D.C. and Gaithersburg, Md. areas. Morton Consulting was recently awarded a GSA Schedule 70 contract in Feb. and has also been named a finalist for the RichTech Cherry, Bekaert & Holland Emerging Company Award.

Dr. Ken Macurik recently joined St. Joseph’s Villa, of Henrico, as the new director of developmental disabilities services.

Greater Richmond Chamber of Commerce’s Brown Bag Lunch Series will continue June 15 from 11:30 a.m. to 1 p.m. at the GRCC office, 600 W. Main St. Gib Sloan of MetLife will discuss the family dynamics of special needs planning including government benefit eligibility, guardianship, conservatorship and guardium ad litem, and financial security and funding options. The program is free and for Chamber members only. To register, call Tim Grimes at 783-9308 or visit http://www.grcc.com.

Steve D’Andrea, a stroke survivor and Type 1 diabetic, and his wife, Gayle D’Andrea, a breast cancer survivor, recently founded the nonprofit organization Survivors Network LLC and the website,http://www.supportersofsurvivors.com, to help others facing these and other debilitating medical conditions. The website includes a blog where visitors can chat directly with the D’Andreas, links to other helpful and supportive websites and information on how to get financial support for those dealing with medical problems. Gayle D’Andrea, Ph.D., is a professor of sociology at J. Sargeant Reynolds Community College in Henrico.

Smart phone users interested in starting or growing a small business can now find helpful resources at their fingertips via a new SBA mobile application from the U.S. Small Business Administration. The app features a built-in startup cost calculator to help estimate the costs associated with getting a business off the ground, plus an SBA partner locator to help users find SBA offices, Small Business Development Centers, Women’s Business Centers and SCORE. Users will also have mobile access to SBA video content and social media alerts to provide them with tips on the go. The app can be downloaded at SBA’s website at http://www.sba.gov/content/sba-mobile-app.
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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.

State Police urge motorists to #MoveOver during Memorial Day weekend

Memorial Day signifies the official start of summer, and Virginia State Police officials are urging motorists to "do what’s right when they see lights" and move over.

The “Move Over” law is a lifesaving law intended to protect public safety professionals and highway workers who help to maintain the safety of the Commonwealth’s roads. State Police are using the #MoveOver hashtag on social media to promote the law. > Read more.

Henrico to hold June 8 open house on Route 5 Corridor/Marion Hill study

The Henrico County Planning Department will hold an open house Thursday, June 8 for residents and other members of the public to provide input for a study of the Route 5 Corridor/Marion Hill areas.

The open house will be held from 4:30 to 7:30 p.m. at the Varina Area Library, 1875 New Market Road. The meeting’s informal structure will allow the public to attend at their convenience and to ask questions and discuss the study one on one with Planning staff. > Read more.

Henrico real estate staying strong despite low inventory

The Henrico real estate market has been relatively strong for the past month, despite a lower amount of inventory, according to data from Long and Foster Real Estate.

In the past month, 408 homes have been sold in Henrico, which is 2 percent less than were sold in the same timeframe in 2016.

Last year the median sale prices for Henrico homes was $219,975, whereas this month it's up to $232,500, a 6 percent increase. Which means half of the homes in Henrico are priced above $232,500 and half are priced below. > Read more.

Smither named director of Henrico’s Department of Finance

Henrico County Manager John A. Vithoulkas has appointed Edward N. “Ned” Smither Jr. to serve as director of the Department of Finance, effective July 1.

Smither has served Henrico since 2013 as director of the Accounting Division in Finance. He will succeed Eugene H. Walter, who has delayed his retirement until June 30 to ensure an orderly transition within the department.
> Read more.

Henrico Business Bulletin Board

May 2017
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Richmond Times-Dispatch author and photographer duo Bill Lohmann and Bob Brown will discuss their latest book “On the Back Roads Again: More People, Places and Pie from Around Virginia” from 7 p.m. to 8 p.m. at Twin Hickory Library. For details, call 501-1920 or visit http://www.henricolibrary.org. Full text

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