H12021 Richmond Retail Market Report

As Senior Vice President and Co-Director of the Retail Services Team, Peter Vick specializes in site selection, tenant and landlord representation, land sales and investment sales.

Peter has handled project leasing for existing and ground-up developments. Recent signature assignments include West Broad Village, The Row at GreenGate, Libbie Mill Midtown, and Winterfield Crossing, all mixed-use projects located in Richmond, VA. He has handled the disposition of numerous commercial investment sales that include grocery anchored shopping centers as well as single tenant NNN sales. Working with numerous local and national retailers, Peter has been involved in the leasing of over three million square feet of commercial space and the disposition/acquisition of over $300M in sales.

Peter is responsible for the leasing of a portfolio consisting of four million square feet of retail space throughout Virginia for clients that include, Sauers Properties, Site Centers, Markel Eagle, Rebkee Properties, Gumenick Properties, Blackwood Development, Spy Rock Real Estate Group, Sugar Oak Properties, Riverstone Properties, Colterra Capital, Pruitt Companies, Frontier Development, W.S. Carnes, Premier Companies and numerous other local, Regional and National Landlords and Developers. Additionally, Peter is part of the Colliers team that overseas the National retail expansion of LL Flooring (Lumber Liquidators).  

Prior to joining Colliers, Peter was Senior Vice President of Retail Sales and Leasing at Divaris Real Estate in Richmond, VA. Before that, Peter began his real estate career in 2008 with The Wilton Companies in their third-party brokerage department. In 2010, he joined NAI Eagle as a founding partner and principal.

Notable Tenant Transactions
• Lidl
• Bloomin’ Brands
• Diamonds Direct
• Golfsmith
• Crunch Fitness
• Verizon
• TitleMax
• Burger King
• McDonald’s
• Mellow Mushroom
• Richmond Restaurant Group
• EAT Restaurant Partners
• Starbucks
• Xfinity
• Kona Grill
• Cook Out
• Zaxby’s
• Chipotle
• First Watch
• Hand and Stone
• Bon Secours
• Venture X
• VA ABC
• Food Lion
• Crunch Fitness
• Hibbett Sports
• Chipotle
• Panda Express
• Lumber Liquidators

As Senior Vice President and Co-Director of the Retail Services Team, Harrison specializes in retail site selection, landlord and tenant representation, land assemblage, land sales and investment sales.

Harrison is currently responsible for leasing of a portfolio consisting of over four million square feet of retail space throughout Virginia. A sample list of transactions completed include Bloomin’ Brands, Diamonds Direct, Golfsmith, Lidl, Crunch Fitness, Verizon, TitleMax, Burger King, McDonald’s, Rite Aid, Mellow Mushroom, Richmond Restaurant Group, EAT Restaurant Partners, Starbucks, Xfinity, Kona Grill, Cook Out, Zaxby’s, Bon Secours, Best Buy, Hand and Stone, Venture X, Michaels, VA ABC and First Watch.

He has also worked on both the acquisition and disposition side of numerous investment sale transactions varying from grocery-anchored retail centers to single-tenant, NNN properties. Harrison has been involved in the leasing of over four million square feet of commercial space and the disposition/acquisition of over $400M in sales.

Recent signature assignments include West Broad Village, The Row at GreenGate, Libbie Mill Midtown and Winterfield Crossing, all mixed-use projects located in Richmond, Virginia.

Harrison began his commercial real estate career in 2003 working for The Shopping Center Group. In 2005, he joined the Wilton Companies and assisted in creating their Third-Party Brokerage Group. After five years, Harrison left the Wilton Companies to become a principal and founding member of NAI Eagle, a full-service real estate firm specializing in retail and mixed-use real estate. Most recently, Harrison was Senior Vice President of Retail Sales and Leasing at Divaris Real Estate in Richmond, VA.

Mr. Black has over 30 years of experience in the commercial real estate industry as a manager and broker. He primarily focuses on Tenant representation and site sourcing. Mr. Black has completed a number of Investment Sales transactions. Previously, he was Director of Retail Leasing for Robinson Sigma Commercial Real Estate. Mr. Black was also Senior Vice President and Director of Retail Services for CBRE|Richmond. He is presently Senior Vice President with Colliers International. He has received production awards for the last 17 years. Mr. Black was a Top 10 Producer for the Richmond Office in 2008, 2010 and 2016. He was awarded the GRACRE Retail Deal of the Year for 2014 and 2016.

  
Rob is presently working with CMX, Cinebistro and Cobb Theatres securing sites in the Southeast. He exclusively represents Discount Tire, Floor & Décor, Sola Salons, Capital One, NAPA, Haverty’s, Boot Barn, and Second Charles for expansion in Virginia.

Robert Brownfield has been a member of the Retail Brokerage Services Group since 1996 and earned his associate broker's license in 2002. He works in landlord and disposition services as well as tenant representation, market analysis and retail property and investment sales.

Chris Doyle has over 33 years of experience in the commercial real estate industry, the last 25 as an Associate broker.  His primary area of expertise is site selection for local, regional and national retailers and developers as well as implementing all aspects of retail shopping center development.  During Chris' 33 years in the industry, he has consummated over $400 million in sales and leases.  

Chris has involved himself in the brokerage, leasing and/or development of over 40 shopping centers from Virginia to Florida.  Previously, he was Vice President for the Richmond office of Trout, Segall and Doyle from 1993 to 1996.

Since 1981, Barry Hofheimer has been actively engaged in the commercial real estate field. He has a wide range of experience including investment sales, office and retail leasing, and land development. Barry is now semi-retired but does partner with the appropriate active broker on certain lease and sale transactions. In addition, his experience includes many lease transactions, work on behalf of major companies relocating to the Richmond area, corporate headquarter site selection, retail prototype site selection, land development for residential communities and neighborhood retail.  Barry and two partners joined the firm in 2001 upon closing their boutique commercial firm, Virginia Landmark Corporation. 
Prior to entering the commercial real estate field, Barry was Vice President of Jefferson Manufacturing Company, a menswear manufacturing company.  Barry coordinated the manufacturing end of the business scheduling the production and shipping of 500,000 pairs of men’s slacks and 150,000 coats annually. 

Maddy Spear joined the Retail Leasing and Sales Team as an Associate, following her graduation from the University of Mary Washington with degrees in Business Administration and English. In the Summer of 2017, Maddy interned with the firm and through this experience she was able to partner with all service lines within the Hampton Roads office. Currently, Maddy travels between Richmond and Hampton Roads and is very familiar with both markets.

In 2019, Maddy and another associate leased 15 spaces in two months at Lynnhaven North, a 173,191 square foot center in Virginia Beach. They back filled 2 box spaces (totaling over 68,000 square feet) that has been vacant for 1 and 3 years respectively.