Business in brief: Dec. 23, 2024

Party City , the largest party supply store in the United States, announced Dec. 20 that it is closing all stores, ending nearly 40 years in business. The New Jersey-based company had declared bankruptcy in January 2023 but exited proceedings a month after the arrival of its newest CEO. The two Party City locations in the Richmond area – 9130 West Broad Street in Henrico and 12741 Stone Village Way in Midlothian – are not affected, however, and will remain open, according to a report from WTVR CBS 6 . The stores are independent franchise locations and are locally owned and operated. They will no longer be affiliated with the Party City chain.


Cushman & Wakefield | Thalhimer recently announced the following lease transactions in Henrico County: United Way of Greater Richmond & Petersburg – renewed its lease of 10,072 SF of office space at Carousel, 7814 Carousel Lane (Brian K. Berkey and Karla Knight represented the tenant); Assessor & Associates dba Logo Company Apparel – leased 4,370 SF of flex space at 3963 Deep Rock Road (Brian Felton represented the tenant); The Tax Complex – renewed its lease of 4,325 SF of office space at 1650 Willow Lawn Drive (Michael A. Shaia represented the tenant); Health Connect America, Inc. – leased 3,871 SF of office space in Innsbrook Corporate Center at Center Park IV, 4421 Cox Road (Brian K. Berkey and Karla Knight represented the tenant); Comxi World, LLC – leased 1,586 SF of industrial space at 4795 Bethlehem Road (Chrissy Chappell and Craig Douglas represented the landlord).

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