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Virginia Retirement System opening office space in Henrico

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The Virginia Retirement System has leased almost 6,000 square feet of office space at Reynolds Office Building at 6641 W. Broad St. in Henrico County, the latest real estate change for a state agency.


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The retirement system will keep its downtown operations at the Bank of America Center on East Main Street.

The agency, which manages retirement benefits for 800,000 state employees and its retirees, plans to add one-on-one customer service at the Henrico location, said Jeanne Chenault, the agency’s public relations director. The Reynolds building is more convenient for some customers.







The Reynolds Office Building in the Reynolds Crossing development in Henrico County will be the new home of the Virginia Retirement System.


“While plans are not final, we anticipate the new counseling services location opening later in 2024,” Chenault said.

The seven-story Reynolds Office Building was built in 2008. The city assessed the building and its 8-acre plot for $27 million.

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It is owned by a limited liability company tied to J. Sargeant Reynolds Jr., according to county records. J. Sargeant Reynolds Community College was named for his father, a lieutenant governor of Virginia who died in 1971 at 34.

The building is one of eight properties on the Reynolds Development, which includes The Westin Richmond and other office buildings just south of Interstate 64. Tenants include the Virginia Eye Institute and the Bon Secours Heart Institute. Cushman & Wakefield — Thalhimer negotiated the lease for Reynolds.

Other state agencies will be nearby. On the other side of Broad Street is the Virginia Employment Commission, and employees from the Virginia Department of Labor and Industry are planning to move there, too.

Numerous state agencies in downtown Richmond are shifting their office spaces, as the state prepares to sell or demolish the James Monroe Building. Its employees will scatter to different locations across the city and Henrico, including the Main Street Centre, Reid’s Row, Old City Hall, the Workers’ Compensation building and the George Washington Building.

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