Data giant Thomson Reuters plugs in downtown

mcauliffe reuters

Gov. Terry McAuliffe speaks inside the 9,000-square-foot office. (Mike Platania)

Another big-name tenant is setting up shop along the riverfront.

Mayor Levar Stoney and Gov. Terry McAuliffe announced Wednesday that Thomson Reuters has set up an office on the 13th floor of the West Tower in Riverfront Plaza at 901 E. Byrd St.

The 9,300-square-foot space is the Toronto-based media and information firm’s first outpost in Richmond.

The company dubbed the new office its Cyber Fusion Center. It is expected to employ more than 60 people. It has about 20 employees on the ground currently, with plans to have 40 by yearend. Thomson Reuters is currently hiring for 11 positions at the new Richmond office, including an IT project manager, securities platform engineer and information security engineer.

Maryland, South Carolina and Florida also were in contention for the company’s business.

The Virginia Economic Development Partnership worked with the city and Greater Richmond Partnership to secure the project. Some state and city money helped sweeten the deal in Richmond, as the company received a $50,000 grant from the city’s Economic and Community Development Authority, by way of the Commonwealth’s Opportunity Fund.

jamesRiverCOalHQ Story

Riverfront Plaza at 901 E. Byrd St.

“I have been maniacal on this topic for the last four years because cyber is the future and you putting this here in Virginia is a big deal for us,” McAuliffe said at a press conference Wednesday.

Stoney and McAuliffe have been making a habit of welcoming new tenants to the Riverfront Plaza in 2017.

Mechanicsville-based healthcare logistics company Owens & Minor moved into the East Tower in February as a part of a $15 million expansion into the city limits. Software company AvePoint unveiled its Silicon Valley-inspired office at the tower in April. Insurance brokerage The Hilb Group is moving its headquarters from Stony Point office park to the West Tower in June.

Thomson Reuters’ lease was brokered by Colliers’ Chris Wallace and Matt Hamilton. CBRE’s Trib Sutton, David Wilkins and Matt Anderson represented the landlord. Emerald Construction built out the office.

There is now 96,000 square feet available for lease between the two 22-story Riverfront Plaza towers, Wilkins said. They have a combined 950,000 square feet.

The office complex is owned by Hertz Investment Group, a California-based firm that bought the twin towers in 2015 for $147 million.

mcauliffe reuters

Gov. Terry McAuliffe speaks inside the 9,000-square-foot office. (Mike Platania)

Another big-name tenant is setting up shop along the riverfront.

Mayor Levar Stoney and Gov. Terry McAuliffe announced Wednesday that Thomson Reuters has set up an office on the 13th floor of the West Tower in Riverfront Plaza at 901 E. Byrd St.

The 9,300-square-foot space is the Toronto-based media and information firm’s first outpost in Richmond.

The company dubbed the new office its Cyber Fusion Center. It is expected to employ more than 60 people. It has about 20 employees on the ground currently, with plans to have 40 by yearend. Thomson Reuters is currently hiring for 11 positions at the new Richmond office, including an IT project manager, securities platform engineer and information security engineer.

Maryland, South Carolina and Florida also were in contention for the company’s business.

The Virginia Economic Development Partnership worked with the city and Greater Richmond Partnership to secure the project. Some state and city money helped sweeten the deal in Richmond, as the company received a $50,000 grant from the city’s Economic and Community Development Authority, by way of the Commonwealth’s Opportunity Fund.

jamesRiverCOalHQ Story

Riverfront Plaza at 901 E. Byrd St.

“I have been maniacal on this topic for the last four years because cyber is the future and you putting this here in Virginia is a big deal for us,” McAuliffe said at a press conference Wednesday.

Stoney and McAuliffe have been making a habit of welcoming new tenants to the Riverfront Plaza in 2017.

Mechanicsville-based healthcare logistics company Owens & Minor moved into the East Tower in February as a part of a $15 million expansion into the city limits. Software company AvePoint unveiled its Silicon Valley-inspired office at the tower in April. Insurance brokerage The Hilb Group is moving its headquarters from Stony Point office park to the West Tower in June.

Thomson Reuters’ lease was brokered by Colliers’ Chris Wallace and Matt Hamilton. CBRE’s Trib Sutton, David Wilkins and Matt Anderson represented the landlord. Emerald Construction built out the office.

There is now 96,000 square feet available for lease between the two 22-story Riverfront Plaza towers, Wilkins said. They have a combined 950,000 square feet.

The office complex is owned by Hertz Investment Group, a California-based firm that bought the twin towers in 2015 for $147 million.

This story is for our paid subscribers only. Please become one of the thousands of BizSense Pro readers today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

POSTED IN Uncategorized

Editor's Picks

Subscribe
Notify of
guest

2 Comments
oldest
newest most voted
Inline Feedbacks
View all comments
trackback
Retirement services firm settles in at Riverfront Plaza - Richmond BizSense
7 years ago

[…] of recent expansions to downtown Richmond by companies including AvePoint, Owens & Minor and Thompson Reuters, each of which have taken space at Riverfront Plaza. Another recent arrival, fellow D.C.-based firm […]

trackback
VCU PR course provides ‘Agency’ work to area nonprofits - Richmond BizSense
7 years ago

[…] They include Beth Musick, who worked 20-plus years in sales and account management with data giant Thomson Reuters; Diana Burkett, a former communications director for the University of Richmond’s alumni and […]