Business in brief: Dec. 23, 2024

Party City, the largest party supply store in the United States, announced Dec. 20 that it is closing all stores, ending nearly 40 years in business. The New Jersey-based company had declared bankruptcy in January 2023 but exited proceedings a month after the arrival of its newest CEO. The two Party City locations in the Richmond area - 9130 West Broad Street in Henrico and 12741 Stone Village Way in Midlothian – are not affected, however, and will remain open, according to a report from WTVR CBS 6. The stores are independent franchise locations and are locally owned and operated. They will no longer be affiliated with the Party City chain.

Cushman & Wakefield | Thalhimer recently announced the following lease transactions in Henrico County: United Way of Greater Richmond & Petersburg – renewed its lease of 10,072 SF of office space at Carousel, 7814 Carousel Lane (Brian K. Berkey and Karla Knight represented the tenant); Assessor & Associates dba Logo Company Apparel – leased 4,370 SF of flex space at 3963 Deep Rock Road (Brian Felton represented the tenant); The Tax Complex – renewed its lease of 4,325 SF of office space at 1650 Willow Lawn Drive (Michael A. Shaia represented the tenant); Health Connect America, Inc. – leased 3,871 SF of office space in Innsbrook Corporate Center at Center Park IV, 4421 Cox Road (Brian K. Berkey and Karla Knight represented the tenant); Comxi World, LLC – leased 1,586 SF of industrial space at 4795 Bethlehem Road (Chrissy Chappell and Craig Douglas represented the landlord).

Commonwealth Commercial Partners, LLC recently announced the following lease transactions in Henrico County: Eco Pest Control, LLC – leased 2,203 SF at 4957 Cox Road (Jim McVey and Hartley Jordan represented the tenant); Riggs, Counselman, Michaels & Downes, Inc. – expanded into 1,740 SF for a total of 7,562 SF at 200 Westgate Parkway (Eric Hammond, Russell Wyatt and Eliza Izard represented the landlord); RVA Healthcare at Home, LLC – leased 900 SF at 5231 Hickory Park Drive (Eric Hammond and Robbie Berndt represented the landlord); Heritage Foodservice Investment Holdings, LLC – renewed its lease of 6,364 SF at 301 Concourse Boulevard (Eric Hammond, Jamie Galanti and Russell Wyatt represented the landlord); Brazilian Best Granite, Inc. – leased 46,668 SF at 9003 Old Staples Mill Road (Ben Bruni, Russell Wyatt and Collins Burlee represented the landlord); SixFour3, LLC – leased 11,666 SF at 9003 Old Staples Mill Road (Ben Bruni, Russell Wyatt and Collins Burlee represented the landlord); Tajbiz, LLC – leased 1,200 SF at 5348 Twin Hickory Drive (Eric Hammond and Tucker Dowdy represented the landlord); UBEO, LLC – renewed its lease of 2,503 SF at 4880 Cox Road (Eric Hammond, Russell Wyatt and Eliza Izard represented the landlord); Chelsea Martin – leased 898 SF at 8921 Three Chopt Road (Eric Hammond and Tucker Dowdy represented the landlord); Renaissance Healthcare Group Virginia, LLC dba Aster Springs Outpatient – leased 7,595 SF at 200 Westgate Parkway (Eric Hammond, Eliza Izard and Russell Wyatt represented the landlord); Miya Nails & Spa Inc. – leased 10,823 SF at 1518 Parham Road (Todd Buttner represented the tenant).

Ukrop’s Market Hall, located in a former church at 7250 Patterson Avenue, has nearly completed a $500,000 upgrade, according to a report from Richmond BizSense. Improvements include relocated registers, a rearranged retail area, a new self-service coffee station, more refrigerated cases, an expanded loading dock, and additional storage. New interior signage is expected as well. These are the first upgrades to take place at Ukrop’s Market Hall since it opened in December 2020.