Business in brief: Sept. 29, 2025

A Henrico-based barter exchange company has switched back to its original name. BancMarc, a company founded more than 45 years ago in the Richmond region, had been operating under The Barter Authority name for a number of years after acquiring a Virginia Beach company of that name but recently made the switch back "to better reflect what modern barter can do for today’s business owners," according to company president Bill Meacham. The BancMarc name stems from the company's core tenets, according to Meacham: banking and marketing. BancMarc members include businesses in a wide variety of industries – restaurants, contractors, business services and others – and they use BancMarc to fill excess time or inventory to generate trade dollars, which they then can use to "purchase" products or services from other businesses in the organization. BancMarc collects a small fee on each purchase. As part of the rebrand, BancMarc also unveiled a new logo and website, along with a new standalone marketplace platform for members to buy and sell items.

A West End office building in Henrico County has a new owner – and soon will have a new name. Marwaha Business Plaza, LLC purchased Deep Run 3, a 355,253-square-foot Class A office building at 9954 Mayland Drive, on Sept. 22. The building is slightly more than 84% leased and houses the headquarters to the Medical-Surgical division of McKesson, which employs more than 750 people at the site. Deep Run 3 also is home to one of the largest field offices in the country for Travelers Insurance and the headquarters for TForce Freight, the subsidiary of the Canadian transportation and logistics company TFI International. The building recently underwent $16 million worth of upgrades, including a 250,000-square-foot parking garage, a fitness center, cafeteria, shared conference room, and new lobbies. Gagan Marwaha, principal of Marwaha Investments, says the office building will be renamed Marwaha Business Plaza.

Local artist Eunice Li will open Artist Alley, a new art school for children, in Gayton Crossing Shopping Center, Richmond BizSense recently reported. The studio will offer art classes for ages 7-18 in watercolors, acrylics, oil, clay, collages and other mediums. Drop-in adult classes and some party/group event packages for both kids and adults will be offered as well. Li, a Hong Kong native who began her art training as a toddler, previously was an art teacher at the Center for Creative Arts in Glen Allen. Renovations are ongoing but Li hopes to open in October.

Shake Shack recently opened its newest location in Short Pump’s West Village development at 12170 West Broad Street. It’s the Richmond area’s third Shake Shack, joining spots near Willow Lawn and in Chesterfield.

Virginia Career Works will hold a job fair on Tuesday, Sept. 30 from 10 a.m. to noon at Tuckahoe Library, 1901 Starling Drive. Whether actively job hunting or just exploring new career paths, attendees will have the opportunity to showcase their skills and connect with hiring employers. Participants are encouraged to dress professionally and bring updated resumés. Click here for details.

Henrico business and community leaders will have the chance to hear directly from County Manager John Vithoulkas during a ChamberRVA Henrico Business Council program this week. The "County Update" is scheduled for Wednesday, Oct. 1, from 1 p.m. to 2:30 p.m. in the Ridgefield Ballroom at Deep Run Recreation Center, 9900 Ridgefield Parkway. The event will begin with a networking session from 1 p.m. to 1:30 p.m., followed by remarks and updates from Vithoulkas between 1:30 p.m. and 2:15 p.m. ChamberRVA and Henrico Business Council officials will provide closing comments at 2:15. The program will highlight the latest developments shaping Henrico, and attendees will have the opportunity to connect with peers in the local business community. The program is free for ChamberRVA members and $20 for non-members. Registration is required. For more details or to register, click here.