Business in brief - Jan. 10, 2022
Table of Contents
Highwoods Properties recently sold the Waterfront Plaza office portfolio in the Innsbrook Corporate Park at 4401 and 4421 Waterfront Drive to the Runnymede Corporation of Virginia Beach for $20.8 million. The deal closed Dec. 29. The complex is composed of a total of 97,489 square feet in two buildings. The Hamilton Beach Building is a 58,366-square-foot, single-tenant, Class-A office building, fully leased to Hamilton Beach Brands. Waterfront Plaza is 100% leased, consisting of a 39,123-square-foot two-level, multi-tenant office building occupied by four tenants, including Hamilton Beach. The Hamilton Beach Building has functioned as the international headquarters for Hamilton Beach Brands since the building was developed in 1986. Three additional companies make up the remaining occupancy in the Waterfront Plaza building. Eric Robison, executive vice president, and Bo McKown, associate, of Thalhimer’s Capital Markets Group represented the seller in the transaction.
Cushman & Wakefield | Thalhimer recently announced the following lease transactions in Henrico County: Joyner Fine Properties, LLC – leased 16,219 SF of office space at Reynolds Office Building, 6641 West Broad Street (Mark E. Douglas and Amy J. Broderick represented the landlord); Patterson Dental Supply, Inc. – renewed its lease of 11,789 SF of industrial space at Windsor Business Park II, 8570 Magellan Parkway (Gregg W. Beck represented the landlord); Custom RVA, Inc. – leased 4,086 SF of retail space at 9011-9019 West Broad Street (James Ashby IV and Reilly Marchant represented the landlord); Rusty Taco – leased 3,500 SF of retail space at Short Pump Crossing, 11521 West Broad Street (Alex T. Wotring and David Crawford represented the tenant); Charles Kitchen, LLC – leased 2,160 SF of retail space at Parkside Marketplace, 10865 West Broad Street (Richard L. Thalhimer represented the landlord); RunSignUp, Inc. – leased 1,738 SF of office space at West Shore Office Park, 100, 201, 301 Concourse Boulevard (Amy J. Broderick and Mark E. Douglas represented the landlord).
