Transportation company Groome is relocating, Photo by Burl Rolett.
A Richmond taxi and transport company is driving into a new home base.
Groome Transportation has cleared an eight-acre piece of land along Dabney Road with plans to build a new 16,000-square-foot headquarters. Plans filed with Henrico County show roughly 6,000 square feet of office space and 10,000 square feet of garage space in a pair of adjacent buildings.
Groome is currently based at a 7,100-square-foot office and garage on Lewis Road near Richmond International Airport. The company bought the new Dabney Road plot in September for $550,000 from Brandywine Realty Trust, a major landlord along that stretch of Henrico County.
Groome settled on the location after a site search that stretched from the airport to West Broad Street. Cushman & Wakefield | Thalhimer broker Isaac DeRegibus, who represented the transport company, said Groome first hoped to move into a building near major clients VCU and the University of Richmond but couldn’t find a suitable property.
“Through process of elimination, we ruled out existing options and determined buying land and building would be the best choice,” DeRegibus said in an email. “We approached Brandywine about potentially purchasing some of their land and were able to make a deal.”
The new Groome headquarters is one of three development projects stewing in the Dabney Road area. Brandywine has two new industrial projects of its own in the works totaling more than 150,000 square feet.
Dabney Road’s stock of mainly multi-tenant, flex-space real estate had single-digit vacancy rates as of July. DeRegibus said the area’s central location and easy interstate access made it one of Richmond’s top light industrial locations.
“Dabney continues to improve with the addition of Strangeways Brewery and the recently announced Brandywine buildings,” he said.
Transportation company Groome is relocating, Photo by Burl Rolett.
A Richmond taxi and transport company is driving into a new home base.
Groome Transportation has cleared an eight-acre piece of land along Dabney Road with plans to build a new 16,000-square-foot headquarters. Plans filed with Henrico County show roughly 6,000 square feet of office space and 10,000 square feet of garage space in a pair of adjacent buildings.
Groome is currently based at a 7,100-square-foot office and garage on Lewis Road near Richmond International Airport. The company bought the new Dabney Road plot in September for $550,000 from Brandywine Realty Trust, a major landlord along that stretch of Henrico County.
Groome settled on the location after a site search that stretched from the airport to West Broad Street. Cushman & Wakefield | Thalhimer broker Isaac DeRegibus, who represented the transport company, said Groome first hoped to move into a building near major clients VCU and the University of Richmond but couldn’t find a suitable property.
“Through process of elimination, we ruled out existing options and determined buying land and building would be the best choice,” DeRegibus said in an email. “We approached Brandywine about potentially purchasing some of their land and were able to make a deal.”
The new Groome headquarters is one of three development projects stewing in the Dabney Road area. Brandywine has two new industrial projects of its own in the works totaling more than 150,000 square feet.
Dabney Road’s stock of mainly multi-tenant, flex-space real estate had single-digit vacancy rates as of July. DeRegibus said the area’s central location and easy interstate access made it one of Richmond’s top light industrial locations.
“Dabney continues to improve with the addition of Strangeways Brewery and the recently announced Brandywine buildings,” he said.