Business in brief: Nov. 24, 2025

AV8 Management LLC recently purchased a 40,632-square-foot industrial/distribution building, situated on 5.85 acres at 1100 Technology Park Drive in Henrico, from HD Supply, Inc. for $6.7 million. Mark E. Douglas, CCIM, SIOR and Craig Douglas of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller.

Cushman & Wakefield | Thalhimer recently announced the following lease transactions in Henrico County: Integrated Power Services Holdings, Inc. – leased 2,781 SF of industrial space at The Byrd Center, 5701-5717 South Laburnum Avenue (Craig Douglas represented the tenant); Back Nine Golf Group, LLC – leased 2,268 SF of retail space at West Broad Marketplace, 12120 West Broad Street (David Crawford and James Ashby IV represented the landlord); Ruby Nails – renewed its lease of 2,088 SF of retail space at Colonnades West Shopping Center, 10901-10941 West Broad Street (James Ashby IV and Danielle Beckstoffer represented the landlord); Brass Monkey – leased 1,015 SF of retail space at Gayton Crossing Shopping Center, 9782 Gayton Road (Annie O’Connor, Alicia Brown and Nicki Jassy represented the landlord).

Colliers International—Richmond recently announced the following lease transactions in Henrico County: Adoration Home Health and AT Home Care Hospice – leased 6,993 SF at 8751 Park Central Drive (John Carpin, Jimmy Martin, Malcolm Randolph and Catherine Walker represented the landlord, and Zach Roski and Tom Vozenilek represented the tenant); EVENTMAKERS-USA, Inc. – renewed its lease of 957 SF at 4443 Cox Road (Catherine Walker and John Carpin represented the landlord); Carrier Enterprise LLC – renewed its lease of 111,129 SF at 2401 Dabney Road (John Carpin, Jimmy Martin and Malcolm Randolph represented the landlord, and Wood Thornton and Rob Dirom represented the tenant).

Virginia Credit Union’s Jessica Barile was recognized earlier this month with an inaugural Top In-House Counsel Award by Virginia Lawyers Weekly and Virginia Business. As senior vice president and general counsel for the $7 billion Richmond-based credit union, Barile provides legal counsel across multiple areas critical to the organization's operations. Her responsibilities include reviewing contracts and business agreements, managing litigation, addressing member services issues, and overseeing regulatory compliance. She also supports VACU's strategic initiatives by ensuring compliance with applicable laws and regulations while the credit union continues to grow and serve its 500,000 members. A 2014 graduate of the University of Richmond School of Law, Barile joined VACU in 2017 after working in the mortgage industry. Virginia Lawyers Weekly and Virginia Business created the In-House Counsel Awards to recognize in-house attorneys at all levels who navigate complex contract negotiations, represent their companies in high-stakes litigation, protect their organizations' most important assets, and serve as leaders in Virginia's legal community.

The Henrico Economic Development Authority has appointed Cari M. Tretina to be its next executive director, effective Jan. 1. Tretina has served as Henrico’s chief of staff since 2019 and in an expanded capacity that includes deputy county manager since 2022. She currently leads the Best Products Reimagined project to attract a major mixed-use development with an arena serving the region along Interstate 95 at Parham Road. Her efforts also have covered extensive agreements for development, redevelopment, infrastructure and transportation as well as purchase and incentive agreements for projects that include Virginia Center Commons, Regency, Henrico Plaza, Striker Park, Scott Farm, Glenwood Farms, Prep Baseball Report/Glover Park, Frank J. Thornton YMCA Aquatic Center, Lewis Ginter Botanical Garden and Rocketts Landing. Tretina will succeed Anthony Romanello, who is retiring in January. Read more here.

Henrico-based Blue Ridge Bank was released Nov. 13 from a strict consent order put in place by its primary regulator, the Office of the Comptroller of the Currency, Richmond BizSense recently reported. The 2.5 billion-bank had been under the consent order since January 2024 due to mishandling of rapid merger-driven growth and an overreliance on deposits and loans with fintech companies.