Top Sales and Leasing Deals in Richmond, VA – January 27, 2023

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Lakeview West LLC and Lakeview Village LLC purchased 10,092 square feet at 111 N. Otterdale Road in Chesterfield for $1.75 million from NTS LLC. Michael Mayhew and Ben Bruni with Commonwealth Commercial Partners represented the seller. Kevin Specter and Mark Specter with Specter Properties represented the buyer.

Upholstery and Fabric Stores leased 17,905 square feet at 12501 Patterson Ave. in Goochland. C. Ryan Fanelli with Commonwealth Commercial Partners represented the tenant.

Sweetie Boy Gems leased 10,000 square feet at 2362 Greystone Court in Goochland. Ben Bruni and Michael Mayhew with Commonwealth Commercial Partners represented the landlord.

Synergy Technical leased 3,102 square feet at 2201 W. Broad St. in Richmond. Tucker Dowdy represented the tenant.

River Road Psychiatry leased 588 square feet at 5101 Monument Ave. in Henrico. Tucker Dowdy and Jamie Galanti represented the landlord.

Tracey McLean leased 600 square feet at 1807 Huguenot Road in Chesterfield. Ben Boykin and Eric Hammond represented the landlord.

Qiuyan Zhang leased 775 square feet at 6740 Forest Hill Ave. in Richmond. Eric Hammond and Tucker Dowdy represented the landlord.

Mindful Movement Physical Therapy and Yoga LLC and Lyra Parker LLC leased 898 square feet at 8921 Three Chopt Road in Henrico. Tucker Dowdy and Michael Good represented the landlord.

Sweetie Boy Gems leased 10,000 square feet at 2362 Greystone Court in Goochland. Ben Bruni and Michael Mayhew represented the landlord.

Lakeview West LLC and Lakeview Village LLC purchased 10,112 square feet at 6500 Harbour View Court in Chesterfield for $1.5 million from Mountain Blue, Ltd. Eric Hammond and Michael Good represented the seller.

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Former EAB buildings in Henrico sell for $5.35M

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Former EAB buildings in Henrico sell for $5.35M

Formerly the headquarters of education research company EAB, the buildings are located at 1910, 1920 and 1950 E. Parham Drive. Marwaha Property Management, doing business as Marwaha Business Park LLC, purchased the buildings from SIR Properties Trust, a Henrico real estate developer. The buildings are 33,900 square feet, 28,800 square feet and 26,190 square feet.

In June 2022, EAB announced it would expand and relocate, consolidating its operations into another space in Henrico. The buyer plans to rebrand the vacant complex Marwaha Property Management, according to Commonwealth’s announcement. Marwaha manages commercial and residential real estate across Virginia, and it plans to relocate its office into one of the buildings and lease the other two to other tenants.

Tucker Dowdy and Michael Good, both of Commonwealth Commercial, represented the buyer in the transaction.
Former EAB Buildings
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Commonwealth Commercial Announces New Promotions

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Commonwealth Commercial Announces New Promotions

We are happy to announce that the following employees have earned promotions based on both their hard work and corresponding performance in 2022. Congratulations to this talented group of Sales and Leasing agents!

Colton Konvicka, promoted to Vice President

Michael Good, promoted to Senior Associate

Thomas Lynde, promoted to Senior Associate

Michael Mayhew, promoted to Senior Associate

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Commonwealth Commercial Announces New Brand Ambassador

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Commonwealth Commercial Announces New Brand Ambassador

Caitlin McBride has been named Senior Brand Ambassador for Commonwealth Commercial Partners (CCP), a leading commercial real estate firm headquartered in Richmond. Most recently, she had been the Business Development Manager for CCP’s sister company Dominion Construction Partners (DCP). In her newly expanded role on the CCP marketing team, Caitlin will continue to represent DCP along with representing CCP’s full suite of commercial real estate services. In addition, she will represent CCP’s sales, leasing, property, and asset management teams.

Caitlin McBride

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Commonwealth Commercial Announces Top Producer

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Commonwealth Commercial Announces Top Producer

We’re delighted to announce that Ben Bruni has been named the winner of the 2022 Top Producer award. This completes the trifecta—an impressive three years running. Congratulations to Ben on another extraordinary year!

As anyone who works with Ben already knows, he is an extremely talented agent. He is also a humble leader, a team player, a great representative of our company, and a great role model for our newer agents. Just as important, Ben embodies our core values and can always be counted on to do the right thing and be professional. Congratulations again on your achievement, Ben!

Top Producer - Ben Bruni
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Commonwealth Commercial Announces New Partners

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Commonwealth Commercial is pleased to announce the following new shareholders in our firm:

Will Bradford, Senior VP, Asset Management

Ben Bruni, Senior VP, Sales & Leasing

Tucker Dowdy, Senior VP, Sales & Leasing

Duane Gauthier, Managing Director of Commonwealth Lodging

Thomas Hatcher, Managing Director of Asset Management

Scott Holman, Managing Director of Florida and Georgia

Hunter Huber, Managing Director of Property Management

All of these individuals strongly exhibit all 5 of our core values as well as strong leadership qualities.  We are excited to have each of them as a partner moving forward and to learn from them through our future phases of growth.

 

 

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CCP Awarded Property & Asset Management of 5707 Peachtree Parkway in Atlanta, GA

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Commonwealth Commercial Partners is pleased to announce that we have been awarded the Property and Asset Management of 5707 Peachtree Parkway in Atlanta, GA. This is a 100k RSF office building in the Peachtree Corner district of Atlanta that is currently fully occupied by CarMax and Fleetcor. This assignment is owned by Continental Capital Partners. 

 

Peachtree Parkway
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CCP Awarded 11 Premier Class A Property Portfolio in Innsbrook

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RICHMOND, VA, USA, January 10, 2023 /EINPresswire.com/ — Commonwealth Commercial Partners, LLC (CCP), a leading commercial real estate firm headquartered in Richmond, Va., has been selected by Charlottesville, Virginia-based Seminole Trail Management, to exclusively handle the leasing services for 11 properties located in three of Richmond’s premier submarkets: Innsbrook, Glenside/Broad and Short Pump Town Center. CCP has also retained property management for the portfolio.

Featuring a variety of architectural styles, the Class A office buildings in Henrico County total approximately 726,000 square feet in the locations that are home to more than 100 tenants that range from small family offices to Fortune 500 companies. Large notable tenants include Northwestern Mutual, Scott Insurance, Patient First and Suez North America.

CCP’s leasing team for this portfolio of properties includes Russell Wyatt, Senior Vice President and Partner; Eric Hammond, First Vice President; and Eliza Izard, Senior Associate.

“This is an important assignment for us and we look forward to enhancing our partnership with Seminole Trail,” said Mark Claud, CEO of Commonwealth Commercial. “We are fortunate to have this longstanding relationship with them through our property management team and we are excited to have the opportunity for our leasing team to reposition these premier assets in the marketplace.”

Locations and addresses are listed below:

• 200 Westgate Parkway – Westgate II – 60,226 sq. ft.
• 3900 Westerre Parkway – Westerre III – 76,128 sq.ft.
• 3901 Westerre Parkway – Westerre IV – 78,120 sq.ft.
• 7130 Glen Forest Avenue – 80,323 sq.ft.
• 4121 Cox Road – Innsbrook Commons – 60,169 sq.ft.
• 4198 Cox Road – The Commonwealth Building – 44,089 sq.ft.
• 4510 Cox Road – Rowe Plaza – 72,655 sq.ft.
• 4801 Cox Road – Liberty Plaza – 80,397 sq.ft.
• 4880 Cox Road – Suez Building – 58,726 sq.ft.
• 5000 Cox Road – Technology Pointe I – 58,367 sq.ft.
• 5500 Cox Road – Technology Pointe II – 53,896 sq.ft.

“We are excited to work with the ownership and existing tenants in the portfolio to identify new opportunities and to strengthen the tenant base for these assets,” shared Eliza Izard.

About Commonwealth Commercial Partners, LLC

Commonwealth Commercial Partners (CCP) is a leading full-service commercial real estate firm headquartered in Richmond, Virginia with offices in Atlanta, Charlotte, Columbus, Greenville, Hampton Roads, Houston, Jacksonville, Kansas City, Minneapolis, Nashville, Norfolk, Raleigh/Durham, San Antonio, St. Louis, and Tampa. CCP has expertise in Commercial Sales & Leasing, Property & Asset Management, Construction Management, Hospitality Management, Project Management, Land Sales, and Forestry Consulting.

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Commonwealth Commercial’s December New Hires and Promotions

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Commonwealth Commercial’s December New Hires and Promotions

Promotion – Cesar Martinez

We are pleased to announce that Cesar Martinez has been promoted to Maintenance Technician.

Promotion – Ellie Krueger

We are pleased to announce that Ellie Krueger has been promoted to Property Manager.

New Hire – Edward Allender

Please join us in welcoming Edward Allender to the Greenville, SC team as a Building Engineer. He recently came over from CBRE, with more than 25 years of experience.

New Hire – Liz Douglas

The Lease Administration Team introduces our newest team member, Liz Douglas.  Liz is a graduate of Virginia Commonwealth University with a Real Estate major.

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Commonwealth Commercial’s Top Sales and Lease Transactions 12.23.22

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Posted on 12.2.22 –The Pipeline: Commercial real estate roundup for 12.23.22

Lorgan Richmond Investments purchased 14,040 square feet at 9101 W. Broad St. in Henrico for $2.6 million from David’s Bridal. Thomas Lynde, Michael Morris and Jim McVey with Commonwealth Commercial Partners represented the buyer.

Sunrise Construction Co. leased 111,198 square feet at 7400 Impala Drive in Henrico. David Williams and Chip Louthan with Commonwealth Commercial Partners represented the landlord. Robert Porter III with Porter Realty Co. represented the tenant.

Scan Solutions leased 7,400 square feet at 9700 Farrar Court in Chesterfield. Eric Hammond and Michael Good represented the landlord.

Accent Fence leased 0.5 acres at 11310 Washington Hwy. in Hanover. Ben Bruni and Colton Konvicka represented the landlord.

Darling Ingredients leased 2,106 square feet at 11310 Washington Hwy. in Hanover. Ben Bruni and Colton Konvicka represented the landlord.

Castillo Trucking leased 0.25 aces at 11310 Washington Hwy. in Hanover. Ben Bruni and Colton Konvicka represented the landlord.

Leonardo’s Trucking leased 4,000 square feet at 11310 Washington Hwy. in Hanover. Ben Bruni and Colton Konvicka represented the landlord.

Shannon Properties purchased 2,353 square feet at 2229 Pump Road in Henrico for $567,000 from PCG1 LLC. Tucker Dowdy and Russell Wyatt represented the seller.

DRM MOM LLC purchased 3.318 acres at 740 Grove Road in Chesterfield for $495,000 from Park Grove LLC. Michael Mayhew and Colton Konvicka represented the seller.

PCG1 LLC purchased 1,250 square feet at 2227 Pump Road in Henrico for $354,000 from 2227 Pump LLC. Tucker Dowdy and Russell Wyatt represented the seller.

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