Motley’s Auction & Realty Group plans to break ground in July on a $4 million headquarters. It will build the 30,000 square-foot facility on 38 acres in south Richmond, according to president Mark Motley.
The building will be on the site of the Motley’s auto auction facility, across Interstate 95 from Philip Morris and recognizable by the Motley’s big-rig truck in the sky.
The headquarters will consolidate the company’s arms, which include the Richmond Auto Auction, Motley’s Real Estate Auctions, Sperry Van Ness/Free Markets CRE, Keller Williams Residential RE, Fortis Foreclosure Services, Motley’s Industrial Auctions and Appraisals, Motley’s Equipment Sales and Motley’s Estates.
Motley said consolidating the branches is ideal for “efficiency and everything being under one roof so we can better utilize our staff.”
The business employs 65 people, Motley said.
“We’ve outgrown two of the spaces right now,” he said. “We’re going through some growing pains.”
Motley started the business in 1989 with only one operating auction lane. He sold it in 2002 to a publicly traded company, which closed the business in 2006. He reopened Motley’s in 2007, and the business has been growing ever since.
“It’s something we’re all very proud of, and I couldn’t have done it without the staff and our clients that we sell for and also the customers,” he said. “It is a tremendous milestone, but I don’t for a second want to take the all the credit.”
The company has owned the 38-acre site at 3600 Deep Water Terminal Road since 2006. Construction will begin in late July.
The company’s industrial park office on the site will be demolished. Part of the existing auto auction building will be repurposed into a vehicle reconditioning facility. The rest of it will be leased, he said.
The company will also put up for lease its 17,000-square-foot office at 4402 W. Broad St.
Motley’s is working with Richmond-based Century Construction and Landfall Construction on the new headquarters. It’s financing the project through a local bank, but Motley would not name the lender.
Jack Shady of Freeman & Morgan Architects designed the building, which will include training facilities, a telemarketing center, a marketing and graphics department, a customer service center and a cafe.
The new headquarters will expand the auto auction from four lanes to seven, which could increase the number of vehicles that go through the auction process from 450 to more than 800 per week. Between 65 and 75 percent of those get sold, Motley said.
The facility is expected to open in early 2014. It is designed to allow the addition of an eighth lane for the auto auction, but Motley said the new space “should take them well into the next decade.”
As for the big rig on the auction sign, it will come down during construction and get an upgrade of its own, Motley said.