Business in Brief

Business in brief


Long & Foster Real Estate has announced that its Innsbrook sales office will support the U.S. Marine Corps Reserve in its Toys for Tots campaign this year. The office launched its toy drive for Toys for Tots earlier this month and will collect toys through December 9. Toys may be dropped off at the Innsbrook sales office, located at 11225 Nuckols Road in Glen Allen, from 8:30 a.m. to 5 p.m. Monday through Friday. This year marks the company’s 26th year participating in the holiday collection campaign.

Business in brief


Cushman & Wakefield | Thalhimer recently reported the following lease transactions in Henrico County: Publix Supermarkets, Inc. – leased 49,000 SF at Nuckols Place at 5400 Wyndham Forest Dr.; Future Tech Enterprises – leased 7,424 SF in Interport Business Center at 5320 S. Laburnum Ave.; Fastenal Company – renewed its lease of 6,821 SF at 5653 S. Laburnum Ave.; RS&H Commercial Realty Inc. – renewed its lease of 3,672 SF at 4235 Innslake Dr.; Level 3 Communications, LLC – expanded into an additional 3,128 SF for a total of 5,522 SF in Wistar Center at 8145-8147 Staples Mill Rd.; and Hawks Renovations LLC – leased 2,349 SF in Wistar Center at 8101-8157 Staples Mill Rd.

Business in brief


Cushman & Wakefield | Thalhimer recently reported the following lease transactions in Henrico County: Colfax Corporation – renewed its lease of 2,849 SF in One Colonial Place at 10571 Telegraph Rd.; Samurai Sushi – leased 1,860 SF at 9468 W. Broad St.; Yves Delorme Inc. – leased 1,300 SF in River Road Shopping Center at 6201-6243 River Rd.; European Wax Center – leased 2,043 SF in The Shops at Willow Lawn at 1601 Willow Lawn Dr.; TMS NeuroHealth Centers Richmond – leased 2,037 SF in East Shore I at 100 Eastshore Dr.; Mariner Finance – leased 1,875 SF in Westpark Shopping Center at 9645 W. Broad St.; Dominion Health Education Center – leased 1,600 SF in Laburnum Square Shopping Center at 4816 S. Laburnum Ave.; and Integrated Health Services – leased 1,056 SF in the Tower Building at 3212 Cutshaw Ave.

Business in brief


Cushman & Wakefield | Thalhimer’s Capital Markets Group has represented Cohen Equities in the sale of The Shoppes at Twin Oaks, located at 3601-3641 Cox Road in Henrico County. KG1 Twin Oaks, LLC, an entity controlled by the Kotarides family of Virginia Beach, purchased the 39,117 square foot retail center for $7,600,000 as an investment. The property was 94% leased at the time of the sale and includes tenants such as Bank of America’s home loans office, West End Crossfit, Plaza Del Rey and Tahoe’s Restaurant. The sale was completed by Eric Robison and Catharine Spangler of Cushman & Wakefield | Thalhimer.

Business in brief


Henrico-based Virginia Care Partners (VCP) has entered into an agreement with Transcend to provide population health management services through value-based care to 10,000 Richmond-area Medicare Advantage patients. Transcend will work with more than 90 VCP primary care physicians, consulting with them in their offices to help track, analyze, and act on data about their Medicare Advantage patients’ health. Transcend’s support includes services that will help VCP physicians better identify and address opportunities to improve care and health outcomes. VCP was formed in 2012 by physicians who shared a commitment to improving their patients’ health outcomes by applying best treatment practices across all care settings – in physician offices, hospitals and outpatient care settings. VCP works collaboratively to negotiate value-based care contracts that provide incentives for improved patient outcomes, adherence to care standards, increased preventive care and chronic disease management, and reduced cost.

Business in brief


Bon Secours Richmond Health System has launched Bon Secours 24/7, a telehealth app that gives the community access to the health system’s medical group providers 24 hours a day, 365 days a year, no appointment necessary. Bon Secours is the first health system to enter the Richmond market with this service. Bon Secours 24/7, available for Apple and Android devices, will allow users to connect within minutes to a Bon Secours medical provider via a mobile device or tablet, or by logging in to a secure website from their desktop computer. Bon Secours Health System launched the service to its employees nationwide Jan. 7 and is now offering the service throughout Virginia. Bon Secours 24/7 visits are $49 and may be covered by health insurance. For more information, visit http://www.bonsecours247.org.

Business in brief


Cushman & Wakefield | Thalhimer has been selected by Gibraltar Virginia S, LLC as the exclusive leasing and management representative for Parc Place, an 82,000 square foot shopping center located at 11736 West Broad Street, along a ring road surrounding Short Pump Town Center in Henrico County. Anchored by PetsMart, Dollar Tree, LensCrafters, SportClips and Tropical Smoothie Café, the center features a 4,800 square foot endcap restaurant space available for lease, as well as 893 to 19,241 square feet of availability. The center shares main entry along ring road to the 1.4 million square foot Short Pump Town Center. Pam Strieffler and Nicki Jassy of Cushman & Wakefield | Thalhimer are the exclusive leasing representatives. Dana Schnurman, also with Thalhimer, is the portfolio manager for the center.

Business in brief


Virginia Credit Union recently provided financial education sessions to Girl Scouts of the Commonwealth of Virginia (GSCV) in grades K-10 to help them earn financial literacy badges. Approximately 300 Girl Scouts participated in age-appropriate lessons at several locations in Richmond and Fredericksburg. After practicing budgeting and learning about opportunity cost, savings, and careers, the Girl Scouts earned two financial literacy badges. Financial literacy is a key component of the Girl Scout Product Sale Program, which promotes leadership development and helps girls cultivate skills in goal setting, decision making, money management, people skills and business ethics. This is the third year of the partnership between Virginia Credit Union and Girl Scouts of the Commonwealth of Virginia.

Business in brief


Virginia Credit Union has received the 2015 Community Partnership Award from the Virginia Council on Economic Education (VCEE). The Community Partnership Award is presented annually to an individual or organization who promotes the importance of economic and financial literacy in Virginia. The award was presented Dec. 11 at VCEE’s annual economic education awards program to recognize teachers for creativity and commitment to economic and financial education. Virginia Credit Union was selected based on the credit union’s financial education efforts among members and in the community, its financial support for VCEE and the long service of VACU President and CEO Jane Watkins on the VCEE Board of Directors.

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Call Federal will offer the workshop “First-time Home Buyers” from 6 p.m. to 7 p.m. at Tuckahoe Library. The workshop will help you to start your home search with confidence by gaining an understanding of what you can afford and what a home will cost - including all the little things most people forget. Finding the right real estate agent, how to make the best offer and the top 10 mistakes will also be discussed. Call Federal’s series of financial workshops are free and open to the community. To register, visit http://www.callfederal.org/financial-workshops. Full text

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