Two22 Tower Named a Top Project of 2021 by Finance & Commerce

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MINNEAPOLIS, MN, USA, July 20, 2022 /EINPresswire.com/ — Finance & Commerce has honored the recent remodeling of the 41-story Two22 Tower, one of the tallest buildings on the Minneapolis skyline, with a prestigious Top Projects of 2021 Award.

Members of the Two22 Tower renovation team are:

• Owner: Lingerfelt Commonwealth Partners
• Property/Construction Management: Commonwealth Commercial Partners
• Architect: Nelson Worldwide
• Contractors: Gardner Builders and Schindler Elevator Corporation
• Engineers: Michaud Cooley Erickson and ERA

“Challenged with transforming Two22 Tower, located in an emerging area of downtown Minneapolis, required an innovative approach to reach a new audience of tenants,” said Anthony Heimkes, Property Manager, Commonwealth Commercial Partners. “The team’s goal was to leverage the building’s busy foot traffic, due to its convenient location near public transit, as an opportunity to showcase Two22’s new interactive amenities and modern interior features designed to keep tenants and visitors energized at every touchpoint.”

The Finance & Commerce Top Projects Awards are judged on the degree of difficulty, creativity in design, innovative construction techniques, sustainability efforts, and cooperation among contractors and management.

Some highlights of the extensive renovation project at Two22 Tower include:

• A monumental staircase in lieu of dated escalators
• A dedicated space in the main entry for a pop-up kiosk or small vendor
• A clear wayfinding strategy for visitors
• The use of curves for fluid movement of space to ease the path for those using the skyway
• Increased natural light in open spaces with minimal barriers
• A new café and breakout area with seating for those visiting Two22
• A tenant-only amenities lounge with luxurious leather seats, floor-to-ceiling glass windows and a gas fireplace

“Finance & Commerce Top Projects represent the best of the region’s built environments,” said Bill Gaier, Publisher of Finance & Commerce. “Every year, the projects seem to increase in creativity, level of difficulty and innovative construction techniques. We are proud to honor the best building and construction projects in Minnesota.”

About Commonwealth Commercial Partners, LLC
Founded in 1996, Commonwealth Commercial is a leading full-service commercial real estate firm headquartered in Richmond, Va., with offices in Hampton Roads, Va.; Nashville, Tenn.; Jacksonville, Fla.; Tampa, Fla.; Charlotte, N.C.; Raleigh/Durham, N.C.; Greenville, S.C.; Houston, Texas; Kansas City, Mo.; St. Louis, Mo.; Columbus, Ohio; and Minneapolis, Minn., and is active in Connecticut and Illinois. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management, and asset management services.

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Commonwealth Lodging Management Adds 5 Properties to Portfolio

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VIRGINIA BEACH, VA, UNITED STATES, July 13, 2022 /EINPresswire.com/ — Commonwealth Lodging Management was recently awarded five third-party management assignments in Virginia and South Carolina. These properties include a 382-room portfolio of Courtyard by Marriott hotels located in Virginia Beach, Hampton, and Yorktown/Newport News, Virginia. Courtyard by Marriott has long led the industry when meeting the needs of the modern business traveler since breaking into the market over 30 years ago. Courtyard has continuously evolved, pushing the boundaries of design, style, and service in the upscale category – introducing game changing amenities like the Bistro fast casual restaurant and collaborative lobby spaces.

The other properties include a 223-key dual-branded Hilton Garden Inn and Home2 Suites in Columbia, South Carolina. These premium brand hotels were recently built (opened in late 2019) and sit in an excellent location in downtown Columbia, immediately adjacent to the University of South Carolina campus. The property boasts a variety of amenities, including on-site fitness center, indoor pool, business center, 4,500 square feet of meeting space, and on-site full-service restaurant.

Commonwealth Lodging Management will oversee all operations and repositioning of the hotels. “The significant reinvestment in these properties, along with strong leadership teams in place at each location, will position these assets as top performers in their respective markets,” said Duane Gauthier, Managing Director of Commonwealth Lodging. “It is an incredible opportunity to have this portfolio of hotels under the Commonwealth Lodging umbrella and we know they are poised for continued success.”

The portfolio is comprised of the following assets:

1. Hilton Garden Inn, Columbia Downtown, 1200 Pickens Street, Columbia SC 29201
2. Home2 Suites, Columbia Downtown, 1210 Pickens Street, Columbia SC 29201
3. Courtyard by Marriott, Virginia Beach/Norfolk, 5700 Greenwich Road, Virginia Beach VA 23462
4. Courtyard by Marriott, Newport News Yorktown, 105 Cybernetics Way, Yorktown VA 23693
5. Courtyard by Marriott, Hampton Coliseum Central, 1917 Coliseum Drive, Hampton VA 23666

About Commonwealth Lodging Management, LLC
Commonwealth Lodging, a mid-Atlantic based hospitality management and consulting firm, is a wholly owned subsidiary of Commonwealth Commercial Partners, LLC, and has extensive experience with nationally recognized select- and full-service franchises operating in suburban, secondary and tertiary markets. The company specializes in focused, hands-on management of hotels for institutional clients and owners to stabilize property management, improve cash flow and develop sell/hold strategies. To learn more, visit www.commonwealthlodging.com.

 

Hilton Garden Inn, Columbia Downtown 1200 Pickens Street, Columbia SC 29201

Hilton Garden Inn, Columbia Downtown 1200 Pickens Street, Columbia SC 29201

Courtyard by Marriott Newport News Yorktown 105 Cybernetics Way, Yorktown VA 23693

Courtyard by Marriott Newport News Yorktown 105 Cybernetics Way, Yorktown VA 23693

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BizSense The Pipeline: Commercial Real Estate Roundup for 7.15.22

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Posted on 7/15/2022 –The Pipeline: Commercial real estate roundup for 7.15.22

Commonwealth Commercial is pleased to announce the following transactions this week:

Scott & Scott, Attorneys at Law, leased 4,423 square feet at 4551 Cox Road in Henrico. Jamie Galanti represented the tenant.

Capital Healthcare Clinics leased 1,305 square feet at 4915 Radford Ave. in Henrico. Eliza Izard and Tucker “Nash” Warren Warren represented the landlord and Thomas Lynde and Michael Morris represented the tenant.

Oikos Roofing & Siding leased 12,500 square feet at 11011 Richardson Road in Hanover. Ben Bruni and Tucker Dowdy represented the landlord.

GeroPartners leased 1,427 square feet at 1 Park West Circle in Chesterfield. Tucker Dowdy and Jamie Galanti represented the landlord.

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June Personnel New Hires

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In June, Commonwealth Commercial was pleased to announce the following new hires:

New Hire – Noah Ludwig

Please help us welcome Noah Ludwig to Commonwealth Commercial Partners. He is joining the Sales & Leasing team in the Virginia Beach office, and will focus initially on office, flex, and industrial properties and tenants. Noah graduated from Virginia Commonwealth University (VCU) with a B.S. in Business Administration with a concentration in finance and a minor in Real Estate.

New Hire – Noah Reyes

Please help us welcome Noah Reyes to Commonwealth Commercial Partners. He is joining the Sales & Leasing team in the Virginia Beach office, and will focus initially on office, flex, and industrial properties and tenants. Noah graduated from Old Dominion University (ODU) with a B.S. in Business Administration with a Major in Finance.

DCP New Hire – Marcus Gillette

Marcus Gillette has joined the DCP team as Assistant Superintendent, and brings six years of experience in residential construction and demolition.

DCP New Hire – Ethan Autry

DCP is thrilled to welcome back to the team our new Assistant Superintendent, Ethan Autry! Ethan was previously a DCP intern and, upon graduation from the Construction Management program at East Carolina University, has officially joined DCP as a full-time employee.

New Hire – Terry Parker

Please join us in welcoming Terry Parker as CCP’s new engineer at our Huntsville, AL property. Terry brings 20+ years of engineering experience to the team.

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BizSense The Pipeline: Commercial Real Estate Roundup for 7.8.22

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Posted on 7/8/2022 –The Pipeline: Commercial real estate roundup for 7.8.22

Commonwealth Commercial is pleased to announce the following transactions from last week:

Commonwealth Commercial is pleased to announce the following transactions from last week:

Smith & Nephew leased 1,848 square feet at 413 Stuart Circle in Richmond. Tucker Dowdy and Michael Good represented the landlord.

Theresa Headen leased 1,500 square feet at 418 W. Grace St. in Richmond. Michael Morris, Jim McVey and Thomas Lynde represented the landlord.

Towne 1031 Exchange LLC as Q1 for TVEH II LLC purchased 10.9 acres at Old Staples Mill Road and Staples Mill Road in Henrico for $1.2 million from Pruitt Associates. Ben Bruni and Russell Wyatt represented the buyer.

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BizSense The Pipeline: Commercial Real Estate Roundup for 7.1.22

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Posted on 7/1/2022 –The Pipeline: Commercial real estate roundup for 7.1.22

Commonwealth Commercial is pleased to announce the following transactions from last week:

Epic Health Partners leased 5,469 square feet at 10 E. Leigh St. in Richmond. Tucker “Nash” Warren and Kit Tyler represented the tenant.

VCU Investment Management Co. leased 3,422 square feet at 413 Stuart Circle in Richmond. Tucker Dowdy and Michael Good represented the landlord.

Wildfire Technologies dba Community Safety and Response Educators leased 1,519 square feet at 2819 N. Parham Road in Henrico. Michael Good and Eric Hammond represented the landlord.

Lineage Holdings purchased 8,700 square feet at 1480 Anderson Highway in Powhatan for $950,000 from Farrar Properties. Thomas Lynde, Michael Morris and Jim McVey represented the seller.

Dougan & Walden Wellness purchased 5,000 square feet at 312 Browns Hill Court in Chesterfield for $1.2 million from Katherman & Co. Tucker Dowdy and Russell Wyatt represented the seller and Colton Konvicka represented the buyer.

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Commonwealth Lodging Management Renovates & Rebrands Delta Hotel in Virginia Beach, Leading to Successful Sale

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VIRGINIA BEACH, VA, USA, June 23, 2022 /EINPresswire.com/ — Commonwealth Lodging Management is pleased to announce the sale of the Delta Hotel by Marriott Virginia Beach Bayfront Suites on the north shore of Virginia Beach, Virginia. The property, originally purchased by Lingerfelt Commonwealth Partners in 2018, was operated by Commonwealth Lodging Management, based out of Virginia Beach.

Commonwealth Lodging Management oversaw all operations and repositioning of the hotel over the last three years, including comprehensive renovations totaling $30 million.

Duane Gauthier, Managing Director of Commonwealth Lodging commented, “We knew from the very beginning with the Lingerfelt Commonwealth Partners acquisition we had a long journey ahead on executing the renovations, rebranding, and repositioning of this asset. Through the efforts of many, I am excited to announce we successfully implemented and executed the owner’s business plan resulting in the sale of the property.”

Located in the heart of Virginia Beach on the shores of the Chesapeake Bay, the Delta Hotel by Marriott is an all-suite, 295-room property, offering sweeping views of the bay delivering the fundamentals of a good travel experience and features a clean aesthetic and a modern take on comfort. Additionally, the hotel features a signature restaurant, Tin Cup Oyster Bar + Kitchen with an expansive outdoor patio, robust meeting and event capabilities, and lifestyle amenities such as a Bayfront pool, fitness center, private beach, and watersport rentals.

Virginia Beach’s large tourism market welcomes over 19 million visitors annually and is continuously increasing. The town is known for its boardwalk and beaches. It is also home to two large military bases and the Port of Virginia, providing consistent demand.

About Commonwealth Lodging Management, LLC
Commonwealth Lodging, a mid-Atlantic-based hospitality management and consulting firm, is a wholly-owned subsidiary of Commonwealth Commercial Partners, LLC, and has extensive experience with nationally recognized select- and full-service franchises operating in suburban, secondary and tertiary markets. The company specializes in focused, hands-on management of hotels for institutional clients and owners to stabilize property management, improve cash flow and develop sell/hold strategies. To learn more, visit www.commonwealthlodging.com.

https://www.einpresswire.com/article/578148508/commonwealth-lodging-management-renovates-rebrands-delta-hotel-in-virginia-beach-leading-to-successful-sale?r=pabT6azQgaScP6Muis

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BizSense The Pipeline: Commercial Real Estate Roundup for 6.24.22

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Posted on 6/24/2022 –The Pipeline: Commercial real estate roundup for 6.24.22

Congratulations to our Sales and Leasing team. We are pleased to report the following transactions from last week:

Chau Cao purchased 5,200 square feet at 1720 E. Hundred Road in Chesterfield for $755,000 from Meadowville Commons.
Colton Konvicka and C. Ryan Fanelli Fanelli with Commonwealth Commercial Partners represented the buyer.

Accu-Tech Corp. leased 8,400 square feet at 2256 Dabney Road in Henrico. Colton Konvicka and Michael Mayhew represented the tenant.

The Sasso Group d/b/a The Sasso Realty Group subleased 4,592 square feet at 7400 Beaufont Springs Drive in Chesterfield. Tucker Dowdy and Michael Good represented the sublandlord.

CSC Leasing Co. leased 7,280 square feet at 3601-3721 Saunders Ave. in Richmond. Russell Wyatt and Ben Bruni represented the tenant.

Home Smart Industries leased 4,000 square feet at 16003 Continental Blvd. in Chesterfield. Colton Konvicka and Chip Louthan represented the tenant.

D&H Construction Services purchased 2,200 square feet at 5403 Chamberlayne Road in Henrico for $340,000 from David Hulburt and Sherry Finneran. Ben Bruni represented the seller.

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BizSense The Pipeline: Commercial Real Estate Roundup for 6.10.22

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Posted on 6/10/2022 –The Pipeline: Commercial real estate roundup for 6.10.22

Commonwealth Commercial is pleased to announce the following transactions:

Investment Management of Virginia leased 2,342 square feet at 7231 Forest Ave. in Henrico. Tucker Dowdy and Jim McVey represented the tenant.

Richmond Integrative and Functional Medicine leased 4,253 square feet at 1 Park West Circle in Chesterfield. Tucker Dowdy and Jamie Galanti represented the landlord.

EHK Associates purchased 3,200 square feet at 4796 Finlay St. in Henrico for $400,000 from Robert B. Bass. Thomas Lynde and Eric Hammond represented the buyer.

Park 64 LLC purchased 21,776 square feet at 2821 N. Parham Road in Henrico for $1.7 million from RRB LLC. Eric Hammond and Ben Bruni represented the seller.

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Miles for May

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June 10, 2022 – Commonwealth Commercial Partners was proud to support the Cystic Fibrosis Foundation of Virginia – Miles for May cycling challenge. The CCP team, which included, Tucker Dowdy, Scott Keeton, Russell Wyatt,  Claud, Jamie Thomas, and Ben Bruni, rode 730 miles during the month of May! Shout out to Jamie Thomas, who led the charge with 250 miles!

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