Industries Commercial Real Estate

American Signature leases two large industrial spaces in Richmond area.

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American Signature Inc. has leased two large industrial spaces in the Richmond area. The company leased 227,000 square feet at the Richmond Distribution Center on Carolina Avenue in Henrico County and 218,144 square feet at 14174 North Washington Highway in Hanover County.

American Signature is the parent company of Value City Furniture and American Signature Furniture, two furniture retailers. Under those two names, it operates more than 125 stores, five distribution centers, three manufacturing facilities and employs more than 5,000 associates in 19 states.

Bob Porter of Porter Realty Inc. in Richmond handled the lease negotiations for both facilities.

In another transaction for the company, Mosaic Tile Co. leased 215,000 square feet of warehouse space at 17320 North Washington Highway in Hanover. Dick Porter handled lease negotiations on the landlord’s behalf.

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