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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Free children’s clothing for those in need

The Children's Clothing Closet at Highland Springs United Methodist Church will be open Saturday, Aug. 27 and Tuesday, Aug. 30 to provide free new or nearly new children's clothing for families in need, prior to the start of the school year. The Clothing Closet will be open from 10 a.m. to noon both days. The church is located at 22 North Holly Avenue. > Read more.

Local choral group seeks volunteers

Good Vibrations choral group is looking for all voices with some musical experience to sing with the volunteer choir. The season runs from August to November. Genre includes patriotic and inspirational. > Read more.
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Weekend Top 10


It’s a great weekend to get outside! The Pocahontas Chapter of the Virginia Native Plant Society is offering two events this weekend. Accompany the group to find and document native plants present and blooming in Echo Lake Park on Saturday or take a “Sunday Stroll” at Dorey Park to observe the seasonal changes taking place. Other outdoor events this weekend include the final summer concert at West Broad Village and “Fridays on the Patio” at James River Cellars Winery in Glen Allen. If you’re going to be outside, don’t forget the insect repellent! To learn more about avoiding those pesky mosquitos, check out Henrico County’s “Fight-the-Bite TODAY” event tomorrow. For all our top picks this weekend, click here! > Read more.

 

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Lavender Fields Herb Farm, 11300 Winfrey Rd. in Glen Allen, will offer a free farm tour from 12 p.m. to 12:30 p.m. This walking tour includes farm history, a stop… Full text

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