Marwaha Investments Purchases 9954 Mayland Drive in Henrico
RICHMOND, VA, September 2025 – We are pleased to announce that Colliers has been retained by
Marwaha Investments for leasing services at 9954 Mayland Drive in Henrico, VA. Marwaha
Investments recently purchased the property, previously known as Deep Run III, for which Colliers
has held leasing since 2022.
Marwaha Business Plaza is a Class A office property in Henrico, boasting premier amenities and a
highly convenient location. With convenient access to I-64, Innsbrook, and Short Pump, the property
features a modern fitness center, a spacious conference room, and a shared outdoor patio/event
space. Suites ranging from 1,719 to 24,916 square feet are currently available for lease.
“Acquiring Deep Run 3 is a key step in our strategy to unlock the full potential of high-quality office
assets. As part of our vision, we will rebrand the asset as Marwaha Business Plaza, positioning it as a
premier business destination. We are committed to implementing an aggressive leasing and
marketing strategy to both retain existing tenants and attract new clientele, driving long-term value
creation while transforming the building into a vibrant, best-in-class workplace,” said Gagan
Marwaha on the future of the property.
Frank Hargrove, Vice President, stated “We are very excited to be retained as the leasing team by
Marwaha Investments at their newly acquired office building Marwaha Business Plaza. The new
owner will bring fresh energy and commitment to both existing tenants and future growth. With
best-in-class amenities, including a gym, cafeteria and market leading meeting and conference
spaces his property is well positioned for long-term success. We are excited to be a part of the
team.”
Colliers’ Malcolm Randolph, Senior Vice President, John Carpin, Senior Vice President, Frank
Hargrove, Vice President, and Catherine Walker, Associate Vice President, will handle leasing on
behalf of Marwaha.
Media Contact:
Jane Powers
Communications Specialist | Richmond
Jane.Powers@colliers.com
+1 804 968 1980
About Colliers
Colliers is a global diversified professional services and investment management company.
Operating through three industry-leading platforms – Real Estate Services, Engineering, and
Investment Management – we have a proven business model, an enterprising culture, and a unique
partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently
delivered approximately 20% compound annual returns for shareholders, fueled by visionary
leadership, significant inside ownership and substantial recurring earnings. With over $5.0 billion in
annual revenues, a team of 24,000 professionals, and more than $100 billion in assets under
management, Colliers remains committed to accelerating the success of our clients, investors, and
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