The company, Veriflo, manufactures valves and regulators used to produce semiconductors. Its existing corporate headquarters is located on Canal Boulevard.
The company has been looking to expand its business In Richmond, after outgrowing its 66,000-sf headquarters. Last year, Veriflo leased additional space from The Zeneca complex as a temporary solution, while Cushman & Wakefield broker John Troughton looked for a better opportunity.
Last month, Troughton helped the company buy a 72,000-sf building at 200 South Garrard Boulevard, which is located across the street from its headquarters. Still, the company needed more space for parking.
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