Richmond, Virginia: Brett Womack, Principal of the Richmond office of Divaris Real Estate, Inc. announced the signing of a lease with the law firm of LeClair Ryan for 68,550 square feet of office space in the Riverfront Towers building located at 951 East Byrd Street in Richmond, Virginia. Other tenants in the building include: Hunton & Williams; UBS Financial Services; Morgan Keegan; Hazel Thomas; and The Downtown Club. The law firm will occupy three floors of the Class A office tower that overlooks the James River in downtown Richmond.
LeClair Ryan, is moving its corporate headquarters from the Eighth & Main Building where its headquarters were located since 1993. “We made an exhaustive review of the real estate market in Richmond and found that Riverfront, with its amenities and location, offered us the best choice as the firm grows and moves forward,” said Dennis Ryan, chief operating officer of LeClair Ryan.
“We currently have 81 attorneys and 86 support personnel in the firm’s downtown Richmond office. We will have three full floors at Riverfront which will be divided among our various legal teams, with one of the floors also being our reception and conference center,” Ryan said.
The move is expected to be finalized in May 2005. The fifth largest law firm in Virginia, LeClair Ryan has been in business since 1988. It operates offices in Alexandria, Blacksburg, Charlottesville, Glen Allen, Norfolk, Roanoke and Washington, DC. Gary D. LeClair is chairman and Dennis M. Ryan is chief operating officer.
The interior architect for the project is The Planning Partnership, located in Richmond. The design team has been collaborating with LeClair Ryan for the last several months, in order to develop and create space that reflects the values and style of the firm.
According to The Planning Partnership’s President, Rosemarie Bundy, “LeClair Ryan has chosen a plan which incorporates private offices around the perimeter of the building, with workstations placed within the central interior areas. Some exciting features of their space will include a conference center, a client hospitality area, and an employee lounge. The firm has chosen to implement a sophisticated, transitional style for it’s interior design.” Bundy explains, “Overall the new offices for LeClair Ryan will give their employees and clients a feeling of a comfortable, yet very professional environment in which to do business.”
Brett Womack and DRE’s Debbie Wake represented the tenant in this transaction. The landlord, Boston Properties/Riverfront Towers was represented by Daniel Corp.
Divaris Real Estate, Inc. is headquartered in Virginia Beach, Virginia with offices in Chesapeake, Newport News, and Richmond, Virginia; Charlotte, North Carolina; and Rockville, Maryland. It is an international real estate brokerage and property management company that currently manages and/or leases in excess of 20 million square feet of prime office, retail, and industrial space throughout the Mid-Atlantic and Southeastern states.
Divaris Real Estate is a member of Realty Resources, a national group of independent retail property brokers and managers covering 91 major markets throughout the United States. DRE is also the Virginia affiliate for The CORE Network, a national group of office and industrial brokers with affiliates throughout the U.S., Canada, Mexico, Asia and Europe. These organizations represent corporate and institutional clients, as well as tenants and buyers in all aspects of leasing, development, and managing properties, acquisitions and land sales. Gerald S. Divaris is Chairman of the Board and Michael B. Divaris is President of Divaris Real Estate, Inc.