Cushman & Wakefield | Thalhimer is pleased to announce Genworth has subleased 174,378 square feet from Truist Bank at SunTrust Business Center, 11011-11013 West Broad Street, in Henrico County, Virginia. In addition, Genworth has signed a direct lease with property owner FD Stonewater to commence upon expiration of the sublease.
Genworth Financial, Inc. (NYSE: GNW) is a Fortune 500 company focused on empowering families to navigate the aging journey with confidence, now and in the future. Headquartered in Richmond, Virginia, Genworth provides guidance, products, and services that help people understand their caregiving options and fund their long-term care needs. Genworth is also the parent company of publicly traded Enact Holdings, Inc. (Nasdaq: ACT), a leading U.S. mortgage insurance provider.
Genworth plans to relocate its Headquarters and US Life offices from their temporary location at 6603 West Broad to the new West Broad Street location. Located in the heart of the West Broad/I-64/Innsbrook/Short Pump area, SunTrust Business Center totals 204,622 square feet across two buildings in an office park campus setting featuring state-of-the-art building amenities. Other tenants at the property include EAB, Wipro, Magellan, and Home Care Delivered.
Dean Meyer and Mac Wilson of Cushman & Wakefield | Thalhimer, as well as Jamie Smith of Cushman & Wakefield’s Baltimore office represented Genworth in the lease negotiations. Paul F. Silver, Brian K. Berkey and Karla Knight of Cushman & Wakefield | Thalhimer’s Tenant Representation Group, as well as Hap Royster and William Woltz of Cushman & Wakefield’s Winston-Salem, NC office handled the lease negotiations on behalf of Truist. Amy J. Broderick and Jeffrey A. Cooke, SIOR, also with Thalhimer, represented the FD Stonewater.
