Far West End business center sells

Deep Run Business Centre

Deep Run Business Centre (Courtesy Colliers International)

A business center in Henrico’s Far West End has been sold to a Maryland-based firm.

Deep Run Business Centre I & II, located at 3955-3991 Deep Rock Road, just off West Broad Street west of Gaskins Road, includes 88,118 square feet of space in a two-building layout.

Feldman Bergin Properties purchased the site for an undisclosed price from its owner, another Maryland-based company, The Premier Companies. Colliers International represented the seller.

The center is 100% occupied and leased to Capel Rugs, Phoenix Fitness, Next Day Cabinets and AT&T, among others.

“We couldn’t be more pleased with the outcome of the sale,” said Adam Santos, president of The Premier Companies. “When we purchased Deep Run, the property was 64% leased. Over the last few years we were able to invest in the property and bring it to 100% occupancy. We expect that the asset will continue to perform at a high level for the new owners and wish them much success.”

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