News Summary
Will Homiller, a prominent real estate attorney in Virginia, has earned recognition as a top lawyer in the ‘Go To Lawyers’ program by Virginia Lawyers Weekly. This accolade highlights his expertise in commercial real estate, including case law and land-use issues. As a partner at Troutman Pepper Locke, Homiller advises clients on various projects, ranging from leasing to construction, emphasizing his significant contribution to Virginia’s legal landscape. The real estate sector continues to thrive with increased leasing activity and notable sales transactions in Richmond, supported by a burgeoning culinary scene.
Virginia’s Legal Landscape Recognizes Top Real Estate Attorney
In the dynamic world of Virginia’s commercial real estate, attorney Will Homiller has made a significant mark, being honored as a part of the “Go To Lawyers” program by Virginia Lawyers Weekly. This prestigious recognition celebrates leading legal minds in various fields, showcasing experts who embody excellence in their respective practice areas.
What Makes a “Go To Lawyer”?
The “Go To Lawyers” program highlights attorneys who are not just knowledgeable but are also regarded as authorities in Virginia’s legal community. These selected professionals have demonstrated extensive expertise in understanding case law, statutes, and regulations, making them invaluable assets to their clients.
Homiller’s Expertise in Commercial Real Estate
As a partner in the Real Estate Practice Group at Troutman Pepper Locke, Homiller’s work spans a wide range of commercial real estate sectors. His advisory roles cover essential areas such as development, acquisition, sale, financing, leasing, and construction of different properties. These include office buildings, retail centers, industrial facilities, and high-density residential projects, among others.
In addition to his transactional work, Homiller plays a crucial role in navigating complex land-use issues for clients. His expertise extends to zoning, permitting, and subdividing properties, ensuring his clients can successfully manage their projects from inception to completion.
National Recognition and Contributions
Homiller’s proficiency in real estate law has not gone unrecognized, as he has also received accolades from Chambers USA for his work in this field. Further solidifying his reputation, he co-authored the 2018 USA Practice Guide on Real Estate for Chambers and Partners, cementing his status as a leading figure in Virginia’s legal community.
Troutman Pepper Locke’s Strong Real Estate Practice
Troutman Pepper Locke stands out with its national Real Estate Practice Group, which effectively manages complex real estate transactions for diverse clients, including owners, developers, and financiers. The firm has garnered accolades from various industry authorities like Chambers, Legal 500, and Best Law Firms®, showcasing its extensive expertise and reliability in real estate law.
Leasing Activity in Richmond
As Virginia’s real estate market remains vibrant, various leasing transactions have taken place recently, highlighted by reports from Commonwealth Commercial Partners, LLC. Notable leasing activity includes:
- Neverett A. Eggleston leasing 4,680 square feet at 1217 School St. in Richmond.
- Claris Financial, LLC renewing 2,220 square feet at 4510 Cox Road in Henrico.
- John Davenport Engineering, Inc. renewing 1,983 square feet at 1100 Boulders Parkway in Chesterfield.
- The Lighting & Sound Company LLC renewing its lease of 20,694 square feet at Sarellen Road Warehouse in Henrico.
- Dog House Trailer Repair, LLC leasing 10,500 square feet at 1200 Bruce Street in Richmond.
- Peabody’s Piano Company, LLC renewing 6,218 square feet at Huguenot Trade Center in Chesterfield.
- Elevation Sports Bar leasing 6,089 square feet at 1212 E. Cary St. in Richmond.
- The Sudanese American Community renewing 5,555 square feet at Parham Trade Center in Henrico.
Additional leasing highlights include IvyRehab, Xfinity, and Miracle Community Christian Center, all of which have secured their spaces, indicating a robust demand for commercial properties in the area.
Recent Sales and New Ventures
Alongside leasing, various significant sales transactions were recorded by Cushman & Wakefield — Thalhimer. Some notable sales included:
- Elliott Bay Medical Properties LLC purchasing a 34,671 square foot medical office building for $9 million.
- Nitneil Development, LLC acquiring a 38,796 square foot industrial/warehouse for $2.3 million.
- Pace King LLC purchasing a 9,408 square foot property for $1.1 million.
Thriving Food Scene
The Richmond area continues to flourish not just in real estate but also in its culinary offerings. The recent wave of new restaurants includes enticing locations such as:
- Daisy’s at Tredegar
- Turning Point in Glen Allen
- Pizza Square and Italian Market
- Smokestack Pizza
- Richmond Shawarma and Falafel
- Brick House Diner in Westchester Commons
- Nate’s Bagels in Scott’s Addition
- Slack Tide Fish Co.
- Emmy Squared Pizza in Glen Allen
- Solaire Rooftop at the Hampton Inn Suites
- Keffiyeh Cafe in North Chesterfield
- Julio’s Bagels
With new restaurants opening up throughout Richmond and its suburbs, coupled with significant commercial activities, it is evident that both the legal and real estate landscapes are in a state of growth and evolution.
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Additional Resources
- Richmond BizSense
- Wikipedia: Commercial Real Estate
- Cushman & Wakefield
- Encyclopedia Britannica: Real Estate
- Google Search: Virginia real estate law
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