Richmond, VA – CBRE|Richmond has been selected by Hines, the international real estate firm, as the exclusive leasing agent for Riverfront Plaza at 901 and 951 East Byrd Street in Richmond, VA.
Completed in 1990, Riverfront Plaza consists of twin 20-story towers comprised of approximately 930,000 SF of office and retail space, and approximately 23,000 SF of storage space. The Class A buildings, which offer sweeping views of the James River and the City of Richmond, have numerous onsite amenities including an eatery, full-time concierge, optical center with optician, private fitness center, around-the-clock security and an expansive outdoor plaza available for events.
“Riverfront Plaza has long been considered the premier downtown office location,” said Trib Sutton, Senior Vice President of CBRE|Richmond. “The owners have recently completed several improvement projects and plan additional upgrades to the common areas. Hines continues to demonstrate its commitment to maintaining the integrity of the buildings for tenants and customers.”
Major tenants include: Hunton & Williams; BB&T; LeClair Ryan; UBS; Deloitte and Services; Greater Richmond Partnership; VA Economic Development Partnership; Ewing, Bemiss & Co., Private Advisors; Raymond James & Associates; and Morgan Stanley. Current vacancy is approximately 237,000 SF.
Designed by HKS architects, Riverfront Plaza’s southern architecture compliments the 21stt century desire for air, light and community compatibility. The buildings have several green initiatives in place, and are pursuing Silver certification under the U.S. Green Building Council’s LEED® for Existing Buildings (EB) rating system.
CBRE|Richmond’s Trib Sutton, Walton Makepeace and David Wilkins will handle the leasing and marketing of the property.
About CBRE – Richmond
CBRE|Richmond is a CBRE, Inc. affiliate office serving the Central Virginia region. The firm assists real estate owners, investors and occupiers by offering strategic advice and execution for property leasing and sales; property, facilities and project management; corporate services; debt and equity financing; investment management; valuation and appraisal; research and investment strategy; and consulting. In 2012, the Richmond office completed 425 lease transactions encompassing 3.7 million square feet totaling $229 million, and 72 sales transactions valuing $107 million. For more information about the Richmond office, visit our website, www.cbre.com/richmond.
About CBRE – Mid-South Region
CBRE is the only global real estate services firm with offices in Norfolk, Newport News, Richmond, Charlottesville, and Fredericksburg, VA, and Raleigh and Greensboro, NC. These offices are collectively referred to as the Mid-South region. The CBRE Mid-South offices (excluding Northern Virginia and Charlotte, NC offices) completed $2.4 billion of sales and leasing transactions in 2012.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. Please visit our website at www.cbre.com.