Posted on 2/25/2022 –The Pipeline: Commercial real estate roundup for 2.25.22
Commonwealth Commercial Partners reports the following transaction:
The Sherwin-Williams Co. leased 5,639 square feet at 4918 W. Broad St. in Henrico County. Russell Wyatt and Michael Morris with Commonwealth Commercial Partners represented the landlord.
Posted on 2/18/2022 –The Pipeline: Commercial real estate roundup for 2.18.22
Commonwealth Commercial Partners reports the following deals:
Direct Solutions leased 18,000 square feet at 4301-4335 Carolina Ave. in Henrico. Ben Bruni and Russell Wyatt with Commonwealth Commercial Partners represented the tenant.
Wetland Studies & Solutions leased 11,747 square feet at 1620 Brook Road in Richmond. Eric Hammond and Chris Jenkins with Commonwealth Commercial Partners represented the tenant.
Consolidated Delivery Co. leased 8,000 square feet at 1701 W. Hundred Road in Chesterfield. Ben Bruni and Michael Mayhew represented the tenant.
New Virginia Majority leased 3,892 square feet at 9327 Midlothian Turnpike in Chesterfield. Eric Hammond Hammond represented the tenant.
Pediatric Headache Center of Richmond leased 2,405 square feet at 2819 N. Parham Road in Henrico. Eric Hammond and Michael Good represented the landlord.
Aloha Doctora Medical Group leased 3,416 square feet at 1770 N. Parham Road in Henrico. Michael Good represented the Tenant.
Posted on 2/14/2022 – Richmond, VA
We are very pleased to announce that several members of our Sales and Leasing team have earned promotions!
Please join us in congratulating the following sales professionals on their recent promotions:
Ben Bruni, promoted to Senior Vice President
Tucker Dowdy, promoted to Senior Vice President
Tucker “Nash” Warren, promoted to Vice President
Colton Konvicka, promoted to First Vice President
Posted on 2/11/2022 –The Pipeline: Commercial real estate roundup for 2.11.22
Commonwealth Commercial Partners reports the following deals:
Watermark Gardens purchased 2.9 acres at Ironbridge Road and Kingsland Glen Drive in Chesterfield for $1.7 million from Kingsland Towncenter LLC. Nicki Jassy and Pete Waldbauer with Cushman & Wakefield | Thalhimer represented the seller. Sam Worley and C. Ryan Fanelli with Commonwealth Commercial Partners represented the buyer.
The Destin Group leased 540 square feet at 5935 Hopkins Road in Chesterfield. Eric Hammond represented the landlord.
Peter Werks LLC leased 3,005 square feet at 3007 W. Clay St. in Richmond. Ben Bruni and Russell Wyatt represented the landlord.
Willow 13 Properties purchased 4,251 square feet at 6506 W. Broad St. in Henrico for $895,000 from AFAB Investors. Jim McVey, Michael Morris and Thomas Lynde represented the buyer.
Posted on 2/4/2022 –The Pipeline: Commercial real estate roundup for 2.4.22
Commonwealth Commercial Partners reports the following deals:
Douglas Development Corp. purchased 38,702 square feet at 115 N. Jefferson St. in Richmond for $3.3 million from Tiffanie’s Manor for Young Adults LLC. C. Ryan Fanelli, Tucker Dowdy and Michael Good with Commonwealth Commercial Partners represented the seller.
Marand Builders leased 2,426 square feet at 11551 Nuckols Road in Henrico. Eric Hammond, Jamie Galanti and Russell Wyatt represented the landlord.
Pneuma Wellness leased 1,215 square feet at 8503 Patterson Ave. in Henrico. Russell Wyatt and Eliza Izard represented the landlord.
EVR Research leased 1,073 square feet at 411 Libbie Ave. in Richmond. Jim McVey represented the landlord.
Healing Circle Counseling and Services leased 2,681 square feet at 2819 N. Parham Road in Henrico. Eric Hammond and Michael Good represented the landlord.
KC Transport Services leased 1,194 square feet at 9401 Courthouse Road in Chesterfield. Tucker Dowdy and Jamie Galanti represented the landlord.
NLT VA LLC purchased 8,939 square feet at 12901 Briggs Road in Chesterfield for $1.3 million from Beckwith LLC. Tucker Dowdy and Michael Good represented the seller.
Posted on 2/2/2022 – 2021 Sales and Leasing Top Producer – Ben Bruni
Please join me in congratulating Ben Bruni on being named 2021 Top Producer. Ben had a tremendous year completing 39 leases and 29 sales. He is a true professional with a tremendous work ethic and ability to find and close deals. Further, and just as important, he embodies our core values, and represents us well in the marketplace, and in front of clients.
This makes him a repeat winner—two years in a row. And in a year when we had several professionals that had their best year, Ben rose to the top. I could not be more happy for, or proud of, Ben—and I know you are as well.
Scott Keeton, Managing Director – Sales & Leasing
Richmond, VA – February 1, 2022 – Commonwealth Commercial Partners, LLC is pleased to report new hires and promotions during the month of January.
Posted on 1/28/2022 –The Pipeline: Commercial real estate roundup for 1.28.22
Commonwealth Commercial Partners reports the following deals:
Vinson Investments purchased 3,685 square feet at 3781 Westerre Parkway, Suite A and B, in Henrico for $700,000 from Andrew Jackson LLC. Tucker Dowdy and Jamie Galanti with Commonwealth Commercial Partners represented the seller.
Encompass Supply leased 22,800 square feet at 1801 W. Marshall St. in Richmond. Commonwealth Commercial Partners’ Ben Bruni represented the tenant and Russell Wyatt represented the landlord.
Chez Crenshaw leased 9,156 square feet at 6290 Old Warwick Road in Richmond. Colton Konvicka and C. Ryan Fanelli Fanelli with Commonwealth Commercial Partners represented the landlord.
Moffatt & Nichol Inc. leased 7,980 square feet at 1100 Boulders Parkway in Chesterfield. Jamie Galanti, Russell Wyatt and Eliza Izard represented the landlord.
Odle Management Group leased 1,160 square feet at 7400 Beaufont Springs Drive in Chesterfield. Jamie Galanti, Russell Wyatt and Eliza Izard represented the landlord.
Foods for Change expanded its 2,250-square-foot lease at 1110-1112 Westbriar Drive in Henrico. Tucker “Nash” Warren and Kit Tyler represented the tenant.
After nearly two decades in the River Road area, a men’s clothing store is picking up where a longtime women’s apparel shop left off in the Libbie-Grove retail corridor.
In the spring, Beecroft & Bull plans to relocate to 5712 Grove Ave. from its current location at River Road Shopping Center II at 5029 Huguenot Road.
Craig Beecroft
At about 2,400 square feet, the Grove Avenue spot, which was formerly home to La Grande Dame, is slightly smaller than Beecroft & Bull’s current location. But owner Craig Beecroft said that after about 20 years on Huguenot, it was time for a change.
“When the space became available, we gave it serious consideration and pulled the trigger,” he said of the Grove Avenue storefront. “We’re looking to expand our customer base and introduce ourselves to different people.”
The move to an area with high foot traffic is an attempt to replicate success the company found when it shook things up with the relocation of its Virginia Beach outpost from the Oceanfront to the Hilltop North Shopping Center.
Craig’s father Moss Beecroft and Charles Bull opened the company’s first store in Newport News in 1958, according to a Virginian-Pilot report. The company is headquartered in that city today, though the store has since closed.
The company previously had stores in Norfolk and Williamsburg as well, according to an online obituary for Moss Beecroft, who died in 2020.
Beecroft & Bull opened its first Richmond store in Shockoe Slip in the 1980s. It moved that outpost to Huguenot Road in 2003.
It also had a Charlottesville location for 25 years, before closing that store in 2021.
Beecroft & Bull sells men’s clothing. (Photo courtesy of Beecroft & Bull)
Beecroft said a combination of factors including the pandemic led to the closure, though he would be open to making a return to the Charlottesville market.
“The pandemic definitely had an effect. Our lease was up and, no offense to Charlottesville, but that town was a lot more closed down than Virginia Beach or Richmond,” he said. “I was sad to see it close but it was going to allow us to focus on our two strongest markets.”
Beecroft plans to renovate the Grove space and has tapped Charlottesville-based Formwork to be the project architect and Conquest, Moncure and Dunn as the general contractor. Both firms were involved in the buildout of the Huguenot space. He didn’t share a budget for the project.
The shop will be one of several menswear competitors in the Libbie-Grove area, joining Alton Lane and Peter-Blair Accessories.
January 26, 2022 – Norfolk, Virginia
Commonwealth Commercial Partners has been awarded the Property Management of 900 Asbury Ave. in Norfolk, Virginia. 900 Asbury Ave. is a 50,327 square foot office/flex building located in Central Business Park in the City of Norfolk. The building was built in 2017 and is home to two tenants, CIRS and Delphinus Engineering.