Henrico County VA

Eastern Henrico industrial park sold

An Eastern Henrico industrial park has a new owner.

AF Byrd Center VA, LLC, a joint venture between the Adler Real Estate Fund and TriGate Capital, purchased the Byrd Center – a 475,000-square-foot, 10-building industrial complexlocated at the intersection of Laburnum Avenue and Charles City Road – from Medalist Properties 2, LLC and WRE-Byrd, LLC for $26 million.

The average tenant in the complex leases approximately 4,500 square feet. The center is located near the Richmond International Airport, which is a hub for UPS and FedEx, and the Port of Richmond and is considered a strategic venue of operation for small- to mid-scale companies in the region, such as international freight forwarders, importers and courier service businesses that benefit from proximity to these access points.

Byrd Center currently has a 90-percent occupancy rate and more than 100 tenants – many of whom have been on the property for more than a decade, according to Cushman & Wakefield | Thalhimer, which handled the sale negotiations on behalf of the buyer.

The purchase is the second commercial acquisition in Virginia for the Miami-based Adler Group and the Adler Real Estate Fund’s third purchase in less than a year.
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Community

Canterbury Recreation Association ‘wins’ the ‘Dunk Hunger’ drive


For the third consecutive year, the Canterbury Recreation Association in Short Pump donated the most meals to the fourth-annual "Dunk Hunger" campaign, which raises money and food donations for FeedMore's Central Virginia Food Bank. Swim teams and community pools throughout the region combined to raise the equivalent of 77,404 meals this year, with the Canterbury group earning the Gold Medal, with 17,454 meals contributed.

CRA will earn a winners’ bash Aug. 24 from 3 to 5 p.m. at its pool on Pump Road.

“Our pool has adopted Dunk Hunger into its culture with fun ways to raise food and funds," said Canterbury’s Dunk Hunger chairman Jack McSorley, a Freeman High School junior. > Read more.

Bike collection planned at Henrico concert Aug. 22


The last Rock ‘n’ Roll Summer outdoor concert at West Broad Village, scheduled Saturday, Aug. 22 from 7 p.m. to 10 p.m. in Short Pump, will feature a salute to the upcoming UCI Road World Cycling Championships, coming to the Richmond region next month. As an all-girl band entertains the public with an AC/DC and Foreigner tribute, representatives from West Broad Village will accept donations of children’s new and lightly used bicycles for redistribution to youngsters at the Virginia Homes for Boys and Girls. > Read more.
Entertainment

Weekend Top 10


For our Top 10 calendar events this weekend, click here! > Read more.






 

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5th Wall Theatre will present “Uncanny Valley” by Thomas Gibbons at HATTheatre, 1124 Westbriar Dr., Sept. 10 through Oct. 3. Starring award-winning actors Jacqueline Jones and Alexander Sapp, and directed… Full text

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