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.
Richmonders Jim Morgan and Dan Stackhouse were married at Lewis Ginter Botanical Garden in Lakeside Mar. 7 month after winning the Say I Do! With OutRVA wedding contest in February. The contest was open to LGBT couples in recognition of Virginia’s marriage equality law, which took effect last fall. The wedding included a package valued at $25,000.
Morgan and Stackhouse, who became engaged last fall on the day marriage equality became the law in Virginia, have been together for 16 years. They were selected from among 40 couples who registered for the contest. The winners were announced at the Say I Do! Dessert Soiree at the Renaissance in Richmond in February. > Read more.
The Fourth Annual Healy Gala will be held Saturday, Apr. 11, at The Cultural Arts Center at Glen Allen from 7 p.m. to 11 p.m.
The event was created to honor Michael Healy, a local businessman and community leader who died suddenly in June 2011, and to endow the Mike Healy Scholarship (through the Glen Allen Ruritan Club), which benefits students of Glen Allen High School.
Healy served as the chairman of Glen Allen Day for several years and helped raise thousands of dollars for local charities and organizations. > Read more.
The Richmond Battlefield Ruritan Club is holding a Brunswick stew sale, with orders accepted through March 13 and pick-up available March 14. The cost is $8 per quart.
Pick-up will be at noon, March 14, at the Richmond Heights Civic Center, 7440 Wilton Road in Varina.
To place an order, call Mike at (804) 795- 7327 or Jim at (804) 795-9116. > Read more.
Find out how your favorite dining establishments fared during their most recent inspections by the Virginia Department of Health. > Read more.
A wide variety of events are taking place within Henrico County this weekend! Whether you’re a newcomer or veteran to homeschooling, the 2015 VaHomeschoolers Conference and Resource Fair is the place for you. Theater buffs will enjoy CAT Theatre’s production of “Now Then Again” and 5th Wall Theatre’s presentation of “The Human Terrain.” Other performances include Bolshoi Ballet’s “Romeo and Juliet” and Abraham.In.Motion’s dual performance of “The Watershed” and “When the Wolves Come In” – all taking place at the University of Richmond. For all our top picks this weekend, click here! > Read more.
The Cultural Arts Center at Glen Allen will celebrate its 16th anniversary this weekend with “A Date with Frank & Marilyn,” an evening of fun and entertainment designed to raise funds for the center's three outreach programs. Another celebration, Halligan’s Hooligan’s Annual St. Paddy’s Day Bash, starts tonight and continues for five days! If you’re in the mood for some music, Lynne Mackey will give a piano recital at River Road Church Baptist; the Westminster Schola Cantorum will be at St. Michael Catholic Church; and Junior Sisk and Rambler’s Choice will perform at the Shady Grove Coffeehouse. For all our top picks this weekend, click here! > Read more.
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Mar. 19, 2015Click here to read the print edition.
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