Business in brief: June 30, 2025

Henrico Federal Credit Union recently announced the upcoming relocation of its Short Pump office to 4419 Greybull Drive. The current Short Pump office, which first opened in 2018 on Pouncey Tract Road across from Short Pump Middle School, has seen steady growth and community engagement, leading to this strategic relocation. The new location is expected to open in the fourth quarter of 2025. The new branch will enhance accessibility and strengthen HFCU’s ability to provide tailored financial solutions to its members, according to a press release.

Commonwealth Commercial Partners, LLC recently announced the following lease transactions in Henrico County: H20 Professional Services, LLC – leased 1,900 SF at 4795-E Bethlehem Road (Colton Konvicka represented the tenant); Kinloch Capital, LLC – renewed its lease of 4,646 SF at 4801 Cox Road (Eric Hammond, Eliza Izard and Russell Wyatt represented the landlord); Miller Electric Company – leased 1.7 acres at 6380 Beulah Road (Colton Konvicka and Chris Jenkins represented the landlord); Christina Schasse d/b/a Lucid Med Spa – renewed its lease of 608 SF at 100 Concourse Boulevard (Eric Hammond, Jamie Galanti and Russell Wyatt represented the landlord); J.E. Liesfeld Contractor, Inc. – leased 6,046 SF at 3900 Westerre Parkway (Eric Hammond, Russell Wyatt and Eliza Izard represented the landlord and Chris Jenkins represented the tenant); Brazilian Best Granite, Inc. – leased 46,668 SF at 9003 Old Staples Mill Road (Ben Bruni, Russell Wyatt and Collins Burlee represented the landlord); Indel Power Group, LLC – leased 11,666 SF at 9003 Old Staples Mill Road (Russell Wyatt, Ben Bruni and Collins Burlee represented the landlord).

Cushman & Wakefield | Thalhimer recently announced the following lease transactions in Henrico County: Don Bottoms – renewed its lease of 6,900 SF of retail space at 6925 Lakeside Avenue (Richard L. Thalhimer represented the landlord); The Veil Brewing Company, LLC – renewed its lease of 4,524 SF of industrial space at Dabney I, 2256 Dabney Road (Evan Magrill represented the landlord); Wild Ones Play Café, LLC – leased 4,000 SF of retail space at Staples Mill Plaza, 9117 Staples Mill Road (Annie O’Connor and Richard L. Thalhimer represented the landlord); Country Style Donuts, Inc. – renewed its lease of 2,218 SF of retail space at Gold’s Gym Plaza, 8900 West Broad Street (James Ashby IV and Danielle Beckstoffer represented the landlord); Commonwealth Community Trust – leased 1,800 SF of office space at 3751 Westerre Parkway (Amy J. Broderick and Kate Hosko represented the landlord); GLO30 – leased 1,400 SF of retail space at Short Pump Station, 11301 West Broad Street (James Ashby IV represented the landlord).

Threelo, LLC recently purchased the Virginia Center Station shopping center on Brook Road in Glen Allen for $6.4 million. The center includes 24,400 square feet of retail space and is entirely leased to seven national and regional operators, including Chipotle, Mattress Firm and Q BBQ. Originally constructed in 2006, the center is situated on nearly five acres near the larger Virginia Center Commons mall redevelopment site. Catharine Spangler of Cushman & Wakefield | Thalhimer’s Capital Markets Group represented the seller, HDJR Central, LLC & HDJR Central II, LLC, in the sale. James Ashby IV and Annie O’Connor, long-time exclusive leasing representatives for the shopping center, assisted in the sale.

Cushman & Wakefield | Thalhimer recently announced that Alex Denisco has joined the Commercial Property Services team in Richmond as a property management assistant. Denisco previously worked with a local general contracting company assisting with restoration projects and remodels.

AIM Transportation Solutions recently purchased 13.51 acres of land on Mechanicsville Turnpike in Henrico County from Magnolia Development Company, LLC for $1,282,975 for the purpose of relocating its current operation. The site is located just south of Harvie Road. Danny Holly of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller.

The Virginia Bankers Association (VBA) in Glen Allen elected new officers for its 2025-26 board of directors during the VBA Annual Business Meeting at the MBA|VBA Joint Convention in June. The following individuals will serve as officers of its board of directors: Chairman – Thomas F. Cherry, president and CEO of C&F Bank in Toano; Chairman-Elect – Sherri A. Sackett, CEO of Select Bank in Lynchburg; and Immediate Past Chairman – Victor K. Branch, Richmond Market president of Bank of America in Richmond. Additionally, the following bankers were elected to the VBA Board of Directors: Michelle R. Austin, president and COO of Bank of Botetourt in Troutville; David P. Boyle, CEO of Burke & Herbert Bank in Alexandria; John J. Brough, CEO of Chain Bridge Bank in McLean; Robert L. Cowgill, Virginia State president of SouthState Bank in Richmond; Steven A. DeLuca, VP and head of state and local government affairs at Capital One in Richmond; Dennis A. Dysart, president and COO of First Bank, Virginia in Winchester; Aubrey H. Hall III, president and CEO of Bank of Clarke in Berryville; Shane McLaughlin, Branch Banking Region executive—Northern VA Region of Wells Fargo in McLean; W. Mark Nelson, president, CEO and director of First Bank & Trust Company in Abingdon; Thomas L. Ransom, regional president, Virginia Region of Truist Bank in Richmond; Gary R. Shook, president and CEO of Community Bankers’ Bank in Midlothian; Robert F. Shuford Jr., chairman, president and CEO of Old Point Financial Corporation in Hampton; Brian K. Skinner, president and regional banking director—VA and NE NC of TowneBank in Suffolk; Maria P. Tedesco, president and COO of Atlantic Union Bank in Richmond; Joseph J. Thomas, president and CEO of Freedom Bank of Virginia in Fairfax; Michael Wilkerson, CEO of F&M Bank in Timberville; and Robert C. Wood Jr., SVP and regional president of United Bank in Charlottesville.