Betsy Mangum

Betsy Mangum

Betsy Mangum is excited to be back in the Greater Richmond region after spending several years in Ellicott City, Maryland. Richmond holds a special place in her heart—it’s where she met her husband and where all three of their boys were born at St. Mary’s Hospital. As the daughter of a retired Air Force major who has lived in seven different states and one European country, she brings a unique perspective on what makes a community truly special and understands the diverse needs of businesses looking to establish or relocate.

Commercial Real Estate Excellence

Since joining Sperity, Betsy has quickly established herself as a versatile and results-driven commercial real estate professional. Her work is consistently featured in Richmond BizSense coverage, reflecting her active role in significant transactions that shape Richmond’s business landscape. She has developed particular expertise in landlord representation, helping property owners find the right tenants for their spaces while ensuring mutually beneficial relationships.

Notable Transactions & Market Impact

Betsy’s recent high-profile transactions demonstrate her versatility and deep market knowledge across multiple property types and client needs. One of her most significant achievements was representing Ralco, an international technology company, in purchasing a flex industrial building to relocate their American headquarters from Folsom, California to Richmond, Virginia. This transaction exemplifies her ability to work with global companies making strategic relocations and understanding the complex requirements of international business operations.

She represented Mink Cocktail Lounge in securing the long-vacant former Xtra’s Cafe space in Carytown—a 3,400-square-foot transformation that’s bringing new energy to this key district. This deal demonstrates her skill in revitalizing underutilized properties and matching innovative concepts with the right spaces.

Betsy played a crucial role in Hanbury Architects’ expansion to Richmond, working alongside Nathan Hughes to secure their Arts District location at 119 W. Broad Street. This project highlights her ability to understand the unique needs of creative and professional service firms seeking spaces that align with their values and community mission.

Specialized Expertise & Client Success

Betsy has established herself as a go-to expert for landlord representation, consistently helping property owners maximize their investments through strategic tenant placement. Her recent work includes facilitating The Second Arrow’s lease in Union Hill, supporting an innovative physical therapy and yoga concept that brings wellness services to the community. She also represented the Maggie Walker Community Land Trust in their Henrico location, demonstrating her commitment to organizations that strengthen communities.

Her diverse client portfolio spans upscale hospitality concepts, non-profit organizations, creative businesses, and professional services. Recent transactions include KEBaubles and Co. in Chesterfield and various retail and service businesses throughout the region. This breadth reflects her ability to understand varying operational requirements and match clients with properties that support their long-term growth objectives.

Community Leadership & Professional Engagement

Beyond her client work, Betsy is very involved with the Chesterfield Chamber of Commerce, where she continues to build bridges between businesses and foster community connections. This engagement reflects her commitment to supporting the broader business community and her understanding that successful commercial real estate transactions are built on strong relationships and community networks.

Having experienced communities across the country and abroad, Betsy deeply appreciates what makes Richmond special: the collaborative spirit that allows creative thinkers to make things happen. She’s drawn to Richmond’s supportive business environment where enterprises are not just surviving but thriving through community connections. This perspective, combined with her proven track record in commercial real estate and genuine care for client success, makes her a trusted advisor for businesses looking to establish or expand their Richmond-area presence.