The Pipeline: Businesses on the move 6.09.08

Thalhimer reported the following deals:

Ruth & Ollie has leased 3,867 sq.ft. at 3445 W. Cary Street in Richmond and plans on opening July 14th. The furniture store currently operates in a smaller store on Libbie and Grove. The Cary Street store is under construction and will be 4.5 times the size of the existing one.

Owner: Mike and Kat Liebschwager.

Background: Kat grew up in Texas and graduated from the University of Texas in Arlington with a business degree. She has worked at NationsBank in Dallas and Mothers Against Drunk Driving. In Richmond, Kat was in a number of marketing positions at S&K Menswear, Crestar and Play. In 2003, she founded her own firm, Kat Liebschwager Interiors and in 2006 launched Ruth & Ollie with Mike.

Mike is from Nebraska and graduated from the University of Nebraska with an accounting degree. He’s worked for Union Pacific in Omaha. After being the Controller for a large transportation company for 5 years, he left corporate America and founded a non-profit called Re-Bike (www.re-bike.com) in 2004 and joined the board of directors of Richmond Metropolitan Habitat for Humanity in 2005.

Contact:

[email protected]

[email protected]

804.288.3360

Triple G East, LLC purchased the 113,000 sf industrial facility on Simpson Road Petersburg from KHJ Dinwiddie, LLC for $4,000,000 to be used as an auto parts in Petersburg, Virginia.

Capitol Warehouse leased 40,000 sq.ft. at 3031 Transport Street in Richmond.

CB Richard Ellis of Virginia, Inc. subleased 21,598 sq.ft. in the HillcrestBuilding at 1801 Bayberry Court in HenricoCounty.

Norman International Virginia, Inc. leased 19,389 sq.ft. at 11250 Hopson Road in Ashland.

Dollar Tree Stores, Inc. leased 10,896 sq.ft. in the FirestoneBuilding at 1510 West Broad Street in HenricoCounty.

Southern Wine and Spirits Midatlantic, Inc. leased 7,800 sq.ft. at 8555 Magellan Parkway in Richmond

Richmond Primoid, Inc. leased 7,308 sq.ft. at 2111 N. Hamilton Street in Richmond.

Charles Ryan Associates, Inc. leased 5,246 sq.ft. at 1813 E. Broad Street in Richmond. Moved in Feb. 1

X-Stream Touchless Wash Systems, Inc. has leased 4,400 sq.ft. at 12730 Spectrim Lane in ChesterfieldCounty.

W. Baxter Perkinson, Jr., DDS & Associates, Ltd. has leased 3,661 sq.ft. in Ivymont Square located at 14251 & 14253 Midlothian Turnpike in ChesterfieldCounty.

Werner Enterprises, Inc. has leased 3,029 sq.ft. in West Shore II at Wyndham located at 201 Concourse Boulevard in Glen Allen.

Base Camp Realty of Richmond, Inc. has leased 3,040 sq.ft. in WinterpockCrossingShopping Center at 6645 Lake Harbour Drive in ChesterfieldCounty.

NAPCO, LLC has leased 1,850 sq.ft. in West Shore III at Wyndham located at 301 Concourse Boulevard in Glen Allen.

RDH & Associates, LLC has leased 2,870 sq.ft. in Southlake Court at 10910 Southlake Court in ChesterfieldCounty.

AT&T Mobility has leased 2,368 sq.ft. in Shoppes at RAMZ Hall at 925 W. Broad Street in Richmond.

ICS/Alexander, Inc. has leased 1,807 sq.ft. at 9137 Chamberlayne Avenue in Mechanicsville.

Richmond Security, Inc. leased 1,575 sq.ft. in StarlingPlaza at 1412 Starling Drive in HenricoCounty. The company moved into the new space in early April.

Precision Eye Care, Ltd. has leased 1,400 sq.ft. in Polo Place Shoppes at 11307 Polo Place in ChesterfieldCounty

Zero’s Sub Shop has leased 1,207 sq.ft. in Midlothian Village Square at 13826 Village Place Drive in ChesterfieldCounty.

Wireless Zone has leased 1,200 sq.ft. in the Shoppes at Willow Lawn at 1700 Willow Lawn Drive in HenricoCounty.

PBA, Inc. has leased 1,012 sq.ft. in CloverleafOffice Park at 300 Turner Road in ChesterfieldCounty.

ITT Educational Services, Inc. has signed an agreement to extend the lease on its current offices at 300 Gateway Center Parkway in Chesterfield and expand from 21,000 to 30,000 square feet. A 9,000-square-foot addition to the building is expected to be completed by November. Harrison Bates handled the deal.

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