A growing number of developers are considering converting empty office towers into housing as part of an effort to revive struggling downtown business districts that emptied out during the pandemic. Many politicians see these conversions as a potential catalyst to bringing new housing to these dormant neighborhoods and, with that, restaurants, shops and other businesses serving these new residents. Some also see a chance to diversify neighborhoods with much-needed housing that is affordable to low- and middle-income residents. Conversion projects are underway in cities like New York, Washington, Pittsburgh and Dallas.
LEASES
Commonwealth Commercial Partners LLC reports the following transactions:
River City Airsoft LLC leased 19,385 square feet at 711 Hospital St. in Richmond.
Consolidated Planning Holdings LLC leased 3,374 square feet at 4121 Cox Road in Henrico.
A&H Management Inc. leased 1,909 square feet at 11600 Busy St. in Chesterfield.
Virginia Alcoholic Beverage Control Authority leased 3,100 square feet at 416 Lee St. in King William.
Metro Infectious Disease Consultants LLC leased 1,500 square feet at 2305 N. Parham Road in Henrico.
Cushman & Wakefield — Thalhimer reports the following transactions:
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Virginia Housing Development Authority renewed its lease of 38,676 square feet of office space in Innsbrook Corporate Center at 4240 Cox Road in Henrico.
Sunbelt Rentals Inc. leased 27,552 square feet of industrial space at 1618-1622 Commerce Road in Richmond.
Insight Physicians P.C. leased 7,953 square feet of office space at Premier Tech Center at 2810 N. Parham Road in Henrico.
RVA Wealth Management LLC leased 4,575 square feet of office space in Innsbrook Corporate Center at Rowe Plaza, 4510 Cox Road, in Henrico.
Health First Chiropractic Inc. leased 3,972 square feet of office space at East Shore, 100, 200, 300 East Shore, in Henrico.
Entec Systems renewed its lease of 3,373 square feet of office space at West Shore III, 301 Concourse Blvd., in Henrico.
Tectonic Engineering & Surveying Consultants PC renewed its lease of 2,222 square feet of office space at Westerre I, 3951 Westerre Parkway, in Henrico.
AAA+ Home Health Care LLC renewed its lease of 1,500 square feet of office space at Parham East, 2201-2221 E. Parham Road, in Henrico.
Have Site Will Travel and The Man with Square Feet announces the following transaction:
MC Innovations LLC leased 2,545 square feet at the Vistas, 5540 Falmouth St., in Richmond.
Joyner Commercial Real Estate reports the following transactions:
XP Marketing Agency leased 1,072 square feet of office space at 400-C Southlake Blvd. in Chesterfield.
Family Secrets Restaurant leased 4,305 square feet of restaurant space at 7103 Brook Road in Henrico.
Pollard & Bagby Inc. reports the following transactions:
Lefty’s Cuts & Styles leased approximately 700 square feet at 420 N. Second St. in Richmond.
Village Tobacco & Vape LLC leased approximately 1,612 square feet at 5156 Nine Mile Road in Henrico.
Baronian & Associates PC leased approximately 1,212 square feet at 1500 Forest Ave., Suite 202, in Henrico.
Marathon Counseling Services LLC leased approximately 192 square feet at 4615 W. Broad St., Suite 115, in Richmond.
On Track Counseling & Therapeutic Solutions PLLC leased approximately 555 square feet at 1915 Huguenot Road, Suite 301, in Chesterfield.
Wright of Virginia LLC leased approximately 1,531 square feet at 7921 Iron Bridge Road in Chesterfield.
B Watson LLC leased approximately 884 square feet at 10370 Leadbetter Road in Hanover.
John A. Whiting renewed its lease of approximately 1,000 square feet at 4036 MacArthur Ave. in Richmond.
Mr. B’s Barbershop renewed its lease of approximately 875 square feet at 2908 Turner Road in Richmond.
Dance RVA LLC renewed its lease of approximately 1,820 square feet at 6004 W. Broad St., Suite A, in Richmond.
International Hair Salon renewed its lease of approximately 2,175 square feet at 4805 Forest Hill Ave. in Richmond.
Bell Fischer Wesley Therapy & Consulting LLC renewed its lease of approximately 530 square feet at 6002 W. Broad St., Suite 207, in Richmond.
State Farm Insurance Agency renewed its lease of approximately 1,028 square feet at 6010 W. Broad St., Suite 1, in Richmond.
Alkat Electrical Contractors Inc. renewed its lease of approximately 6,700 square feet at 3301 W. Leigh St. in Richmond.
Hoops Academy LLC renewed its lease of approximately 1,500 square feet at 8445 Ellerson Drive, Building B, Unit 8, in Mechanicsville.
T.T.&C. One LLC dba Ashley Furniture renewed its lease of approximately 36,455 square feet at 6312 W. Broad St. in Richmond.
Coates, Battle & Tyree PLLC renewed its lease of approximately 9,800 square feet at 5206 Markel Road, Suite 200, in Henrico.
Dorms Direct LLC renewed its lease of approximately 3,531 square feet at 207 W. 22nd St. in Richmond.
Pat’s World Staging & Re-Design LLC renewed its lease of approximately 3,000 square feet at 2110 Maywill St.in Henrico.
Legendary Auto Glass and Mirror LLC renewed its lease of approximately 6,560 square feet at 2010 Boulevard in Colonial Heights.
Gifted NGO renewed its lease of approximately 1,484 square feet at 4909 Augusta Ave. in Richmond.
Tribble Insurance Agency Inc. renewed its lease of approximately 924 square feet at 10366 Leadbetter Road in Hanover.
Styles African Hair Braiding renewed its lease of approximately 682 square feet at 4623 W. Broad St. in Richmond.
Virginia Union University renewed its lease of approximately 5,796 square feet at 1303-1309 Admiral St. in Richmond.
Rachael Dommert renewed its lease of approximately 594 square feet at 13702 Village Mill Drive, Suite 110, in Chesterfield.
Mark Osborne renewed its lease of approximately 506 square feet at 5809 Lakeside Ave., Suite G1-A, in Richmond.
Balloons to Go renewed its lease of approximately 308 square feet at 1915 Huguenot Road, Suite 103, in Chesterfield.
SALES
Commonwealth Commercial Partners LLC reports the following transaction:
Dinwiddie Holdings Group dba Metro Elevator purchased 12,399 square feet at 2000 E. Grace St. in Richmond from 2000 E. Grace St. LLC for $1,190,000. Ben Bruni represented the purchaser.
Richmond-area business expansions, openings and closings
88 Street Food
Popular drinks, including matcha milk tea, fruit tea and Vietnamese coffee are also on the menu.
Urban Myth Street Food
A rice bowl with bulgogi beef and chicken skewers are among the offerings of Buskey Cider's new food truck, Urban Myth Street Food.
Revel Market & Bar
Revel Market & Bar from Julep’s rolls into North Side at 6223 Lakeside Ave. with tapas and craft cocktails.
Rams House Bar + Kitchen
Rams House Bar + Kitchen from the Lindsey Food Group is headed to 2035 W. Broad St. in Fan this summer.
Stanley's
Stanley's, a Philly-inspired hoagie spot, recently opened in the former home of Robin Inn at 2601 Park Ave.
Popshelf
Popshelf, Goodwill, Chipotle headed to Shops at Stratford Hills
P.T. Hastings Seafood
P.T. Hastings Seafood, founded more than a century ago, is closing permanently following a severe brain injury suffered by its owner.
Killa Dillas
Killa Dillas is a new quesadilla and nacho spot at 6114 Lakeside Ave., next to the Lakeside Farmers Market.
Genova’s Pizza Station & Take Out Kitchen
Genova's Pizza Station & Take Out Kitchen opened at 723 Buford Road in Bon Air on April 19, 2023. This is the newest venture from the owners of Casa Italiana and Pizza Express, over 4 years in the making.
The Veil Brewing Co.'s new taproom
The Veil's new taproom, located in Scott’s Addition at 1509 Belleville St., will be three times the size of its current space, with a patio, an event space and a new in-house food concept, Nokoribi, from the owners of Longoven.
Luxe New American Bar & Grill
Luxe New American Bar & Grill, a new fine dining concept, is now open at 1331 E. Cary St., next door to Siné Irish Pub in Shockoe Slip.
Wok This Way
Wok This Way Asian street food is now open at 13 W. Broad St.
Eggs Up Grill
Eggs Up Grill is now open at 12050 Southshore Pointe Drive in the Southshore Shops off Hull Street Road in Midlothian.
Mayu Sushi & Thai
Thai Diner Too, the Carytown mainstay at 3028 W. Cary St., has rebranded at Mayu Sushi & Thai.
Max’s on Broad
Max’s on Broad restaurant is closing, will relaunch as new concept.
RICH Nail Lounge
RICH Nail Lounge has opened at 1106 Hull St. in Manchester. — April 2023
Sycamore Jewelers, Midlothian
Sycamore Jewelers at 4676 Commonwealth Centre Parkway in Midlothian was set to close in April 2023. Terry Sprankle and Joe Cheslock opened the business in 1998. The business previously had locations in Sycamore Square in Midlothian and Chesterfield Meadows. — April 2023
Mi Casita Restaurant
Mi Casita Restaurant opened at 2606B Broad Rock Blvd.
Ironclad Coffee
Ironclad Coffee opened three locations at Richmond International Airport, including this pre-security café in the atrium. — March 2023
Grit Coffee
Grit Coffee Roasting Co. will open its second Richmond location in Scott's Addition on April 17. — March 2023
Rockler Woodworking and Hardware
Storefront for a Rockler Woodworking and Hardware location. The brand is opening a new store in Short Pump by the end of March 2023.
Boiling Crab Richmond
The Boiling Crab Richmond is now to open at 2053 W. Broad St., Richmond, in March 2023. The Orange County, California-based chain has 25 locations in the U.S., as well as Australia, China, and Saudi Arabia. The Richmond location was previously Cornerstone Cigar Bar.
Blue Cow Ice Cream Co.
Blue Cow Ice Cream Co. opened its second Richmond-area location in Short Pump in the Greengate Shopping Center, 12171-C W. Broad St.
Suzy Sno
Suzy Sno's new location in Carytown at 3423 W. Cary St. is now open.
Diablo Doughnuts RVA
Diablo Doughnuts RVA, located at 1090 Virginia Center Parkway, Suite 105, in Glen Allen, hosted its grand opening Feb. 11.
The Brass Tap
The Brass Tap opened in Libbie Mill at 4901 Libbie Mill E Blvd Suite 100. It has a focus on beer with 60 beers on tap, plus 20 bottled beverages.
Graybo's Sports Cards
Graybo's Sports Cards has opened at 214 E. Grace St. in Richmond. The business sells baseball, football and basketball cards.
Blue Ridge Cyclery
Full-service bike store Blue Ridge Cyclery to open at Libbie Mill-Midtown
BigWife's
BigWife’s Mac n’ Cheese brick-and-mortar shop is now open at 1017A N. Arthur Ashe Boulevard in Scott's Addition.
Jeni's Splendid Ice Creams
Jeni’s Ice Cream in Carytown at 3500 W. Cary St. in Richmond.
CarLotz
The CarLotz brand is exiting the Richmond area. The remaining CarLotz locations will be rebranded as Shift.
Acacia Midtown
Aline Reitzer of Acacia Midtown came up with the idea for Richmond Restaurant Week. The new location of Acacia at Libbie Mill Mid-town will be participating in Richmond Restaurant Week.
Zoom Room Richmond
Zoom Room has opened its first Richmond area franchise 3450 B Lauderdale Drive in Short Pump.
Torchy's Tacos
Torchy’s Tacos has opened two fast-casual restaurants in the Richmond area: one in Short Pump and the second in Carytown. A third is on the way for Chesterfield.
Planet Fitness
A Planet Fitness location is expected to open this winter at Stony Point Village shopping center in Richmond.
Raising Cane’s Chicken Fingers
The fast-food restaurant chain Raising Cane’s Chicken Fingers is planning to open two Richmond-area locations in fall 2022.
Locations are planned at 12721 Jefferson Davis Highway in Chester and 1321 Huguenot Road in Midlothian. The company currently has a location at 805 W. Grace St. in Richmond.
The Baton Rouge, Louisiana-based company has nearly 700 locations in 35 states and Guam. The chain was founded in 1996.
— Sept. 1, 2022
Three Notch'd Brewing
Three Notch’d Brewing has expanded its Scott’s Addition location at 2930 W. Broad St. The group acquired a former wine shop on Broad Street and pizza kitchen next door, which will be combined. Muralist Nico Cathcart was hired to design and paint two new pieces inside the space.
Three Notch’d, founded in 2013, operates five venues throughout Virginia.
— August 2022
Retail or Resell
Footwear business Retail or Resell has signed a lease in Short Pump’s Towne Center West Shopping Center.
— Aug. 9, 2022
Marshalls
A Marshalls location is planned in Staples Mill Square at 9041 Staples Mill Road in Henrico.
The chain dates to 1956 and includes more than 1,000 stores. — July 21, 2022
Raising Cane's
Raising Cane's is planning a location in the 6900 block of Lake Harbor Drive in Chesterfield County, Cushman & Wakefield | Thalhimer announced.
The office represented the company in the sale.
Founded by Todd Graves in 1996, Raising Cane’s Chicken Fingers has more than 530 restaurants in 28 states and other countries.
The 1.9-acre Chesterfield plot sold for $2.5 million. A 2023 opening is planned.
— June 22, 2022
My Favorite Muffin
My Favorite Muffin has opened at 10174 W. Broad St. in Glen Allen. The local owners/operators are Sam and Suzanne Makarem. — June 7, 2022
Mattress King
After more than 40 years of carrying the moniker of Mattress King, business owner Anil “Neil” Gulati, 72, said he’s ready to retire this year. Read more here.
Anthony's on the Hill
Anthony's on the Hill in Church Hill announced that it is permanently closing. — March 2023
The Mill on MacArthur
The Mill on MacArthur closed Feb. 26. — February 2023
