Deep Run III, at 9954 Mayland Dr., has more than 380,000 square feet. (Photo by Burl Rolett)
A former Circuit City office building left empty in 2009 continues to fill up.
Glen Allen-based Appendix R Solutions and U.K.-based Acision have leased a combined 31,000 square feet at Deep Run III, becoming the fourth and fifth tenants to lease space in the building since March.
Deep Run III, at 9954 Mayland Dr., was vacated in April 2009 after Circuit City went bankrupt. Markel | Eagle and Diversified Realty Partners bought Deep Run III in 2011 for $12.4 million and began a $13 million renovation.
“The capital investment by ownership is basically making the building a brand new building – and arguably the only building in suburban Richmond with all the necessary amenities tenants look for,” said Austin Newman, a Cushman & Wakefield | Thalhimer broker working to fill Deep Run III.
Newman specifically mentioned a gym, food service and a 150-person conference room among the amenities the building will offer. Construction is underway on a deck with more than 700 parking spaces.
Deep Run III is more than 380,000 square feet, about 330,000 of which is rentable. Of that, 180,000 square feet of vacant space remain, including 150,000 square feet of contiguous office space, Newman said.
Travelers Insurance signed on in March for almost 72,000 square feet, becoming the building’s first new tenant.
Acision has leased 16,472 square feet, and Appendix R Solutions will occupy 14,729 square feet. Newman and Cushman & Wakefield | Thalhimer broker Mark Douglas represented the building. Brian Berkey, also of Cushman & Wakefield | Thalhimer, represented both Appendix and Acision.
Deep Run in May added tenants Digital Benefit Advisors and Community Bankers Trust in May. Digital Benefit Advisors will be the first tenant to move into the building, Newman said, and is expected in late August.
Deep Run III, at 9954 Mayland Dr., has more than 380,000 square feet. (Photo by Burl Rolett)
A former Circuit City office building left empty in 2009 continues to fill up.
Glen Allen-based Appendix R Solutions and U.K.-based Acision have leased a combined 31,000 square feet at Deep Run III, becoming the fourth and fifth tenants to lease space in the building since March.
Deep Run III, at 9954 Mayland Dr., was vacated in April 2009 after Circuit City went bankrupt. Markel | Eagle and Diversified Realty Partners bought Deep Run III in 2011 for $12.4 million and began a $13 million renovation.
“The capital investment by ownership is basically making the building a brand new building – and arguably the only building in suburban Richmond with all the necessary amenities tenants look for,” said Austin Newman, a Cushman & Wakefield | Thalhimer broker working to fill Deep Run III.
Newman specifically mentioned a gym, food service and a 150-person conference room among the amenities the building will offer. Construction is underway on a deck with more than 700 parking spaces.
Deep Run III is more than 380,000 square feet, about 330,000 of which is rentable. Of that, 180,000 square feet of vacant space remain, including 150,000 square feet of contiguous office space, Newman said.
Travelers Insurance signed on in March for almost 72,000 square feet, becoming the building’s first new tenant.
Acision has leased 16,472 square feet, and Appendix R Solutions will occupy 14,729 square feet. Newman and Cushman & Wakefield | Thalhimer broker Mark Douglas represented the building. Brian Berkey, also of Cushman & Wakefield | Thalhimer, represented both Appendix and Acision.
Deep Run in May added tenants Digital Benefit Advisors and Community Bankers Trust in May. Digital Benefit Advisors will be the first tenant to move into the building, Newman said, and is expected in late August.