Thalhimer

New hires and promotions for 6.16.20

One of Richmond’s top advertising minds returns to town after a stint out-of-state, while a host of lawyers take new positions. Plus new hires in wealth management and architecture and a promotion in commercial real estate.

Nice office; Does it come furnished?

Over the last two years office vacancy has crept up as companies have moved, downsized or closed their doors. And they often times leaving their furniture behind. That has created a nifty incentive for landlords and made life much easier for tenants who don’t want the extra hassle/headache of finding furniture and getting it into the space.

The Pipeline: Commercial real estate roundup for 4.2.10

Franklin Development Group purchased the 282,000-square-foot former Brown & Williamson industrial facility in Petersburg for $3.5 million. The Community Group leased 13,521 square feet at 3901 Westerre Parkway in Henrico.

Rain delay for storm water rules

New rules on how builders must account for runoff that eventually flows into the Chesapeake Bay will have to go through another comments period. The development community has resisted the new standards, which they say will make costs prohibitive just as the industry is trying to recover from the recession. The rules are intended to reduce pollution in the Bay.

For sale: Circuit City headquarters

The former Circuit City headquarters building is officially for sale – and probably for lease, too, if the right tenant came calling.