RICHMOND, Va. — Rapid retail growth and an increasing thirst in the market for cold coffee is forcing a young Richmond-based company to abandon its Manchester digs for a larger facility near The Diamond.
Confluence Coffee Co. is set to expand into a 10,450-square-foot warehouse and distribution facility at 1716 Rhoadmiller St., confirmed company co-owner and president Terry Darcy.
The move will give Confluence more than five times the space of its current home, across the river at 700 Bainbridge St., where it set up shop earlier this year.
“We’re busting at the seams,” said Darcy, who launched the company last year in Washington, D.C. with co-owner Michael Woitach, before moving to Richmond in 2016. “We really don’t have any more space where we currently are to grow the way we need to grow.”
Anthony Rotunda and Graham Stoneburner, brokers with Richmond-based Cushman & Wakefield | Thalhimer, handled the lease negotiations on behalf of the tenant. Fellow broker Gregg Beck represented the landlord.
With orders mounting and distribution deals in the works, Darcy said Confluence is set to move into its Hermitage Road space by the end of December.
“It’s all happening quickly,” he said. “We wanted to stay in Manchester, but we just couldn’t find the space we needed, and the space that we did find would require a lot of up-front capital to configure.”
Confluence Coffee makes three styles of cold brew coffee: its signature Nitro and Mocha flavors and a season coffee brew. This year, the company launched a Maple Toasted Coconut coffee as its winter coffee brew.
All of the coffee is infused with nitrogen gas and sold in cans and kegs, and does not include dairy or sugar.
Continue reading on RichmondBizSense.com.