Commonwealth Commercial Completed Four Transactions this Week

Richmond, VA – August 30, 2019 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Harry Bawa purchased 5.03 acres at 1994 Manakin Road in Goochland County from Nuckols Family, LLC for $350,000.  Bill Barnett and Joe Buhrman represented the Seller.
  • Mainstreet Homes of Virginia purchased 16.5 acres at 2058 Rockville Road in Goochland County from Nuckols Family, LLC for $1,320,000.  Joe Buhrman and Bill Barnett represented the Seller.
  • Prosport CPA, PLLC purchased 3.22 acres on Cumberland Station Road in Patriots Landing in New Kent County from Patriots Landing Management Corp. for $275,000.  Joe Buhrman and Bill Barnett represented the Seller.
  • Subway Corp. leased 1,600 SF at West Point Station, 416 14th Street in King William County.  Jim McVey represented the Landlord.

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 TN, Jacksonville FL, Tampa FL, Charlotte NC, Raleigh/Durham NC, Greenville SC, Charleston SC, Reading PA, Kansas City MO, Minneapolis MN and Houston TX. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

Commonwealth Commercial Completed Three Transactions This Week

Richmond, VA – June 28, 2019 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Ryan Hartfield leased 4,000 SF at 112 Midpoint Drive in Goochland County.  Ben Bruni represented the Landlord.
  • Primax Properties, LLC purchased 4 acres in Patriots Landing at the corner of Pocahontas Trail and Patriots Landing Road in New Kent County from Patriots Land MGMT Corp. for $780,000.  Joe Buhrman and Bill Barnett represented the Seller.
  • Precision Spinal Care leased 2,298 SF at 1305 Executive Blvd in Chesapeake, VA from Hampton Roads V Owner, LLC. Brian Devlin represented the Landlord.

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 TN, Jacksonville FL, Tampa FL, Greensboro NC, Charlotte NC, Raleigh/Durham NC, Greenville SC, Charleston SC, Reading PA, Kansas City MO and Houston TX. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

Commonwealth Commercial Completed Four Transactions This Week

Richmond, VA – December 7, 2018 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • 1525 N. Commerce Ave LLC purchased a 6,521 SF building at 2403 West Main Street in the City of Richmond from David W. Madren and Lisa M. Madren for $875,000.  Ben Bruni and Russell Wyatt represented the Purchaser.
  • New Millennium Senior Living Communities, LLC purchased 10.6 acres at North Gayton and Pouncey Tract Roads in Henrico County from Bacova Texas, LLC for $101,435.00.
  • Berk and ALP LLC purchased 25.22 acres at Route 60 and County Line Road in Powhatan County from JMS Investments, LLC and Oakbridge Corporation for $2,100,000.  Joe Buhrman, Bill Barnett and Chris Jenkins represented the Seller.
  • Fence Me In and Decks Too, LLC leased 6,000 SF at 70 Carnation Street in the City of Richmond.  Morgan Trible represented the Tenant.

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 TN, Jacksonville FL, Tampa FL, Greensboro NC, Charlotte NC, Raleigh/Durham NC, Greenville SC, Charleston SC, Reading PA, Kansas City MO and Houston TX. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

Generational Development Property, Watkins Centre, Hits The Market

Posted on 8/7/2018 by PR Newswire

RICHMOND, Va.Aug. 6, 2018 /PRNewswire/ — Commonwealth Commercial Partners is pleased to announce the award of brokerage services for Watkins Centre, a 285± acre tract slated for mixed-use development opportunities, located on Route 60, directly southwest of its intersection with Route 288. The property will be represented by a team of brokers to include: Bill BarnettJoe BuhrmanJamie GalantiChris JenkinsMichael MorrisNate Krey, and Eliza Izard.

Owned by Watkins Land, LLC, this tract is an integral part of the larger 786-acre Watkins Centre development, which includes Westchester Commons, across Route 60 from the property, and Bon Secours, PIEtech and The Pearl at Watkins Centre which are directly adjacent to the property. The tract is zoned for a mix of office space, light industrial, medical clinic, a maximum of 450 multi-family residential units, community/neighborhood business uses, and recreational amenities. The intent is to allow the market to create a true mixed-use development, with an appropriate mix of residential, retail and office.

Bill Barnett, Senior Vice President and Partner of Commonwealth Commercial, remarked, “The Watkins Centre community is destined to be the strategic Downtown of Midlothian.  Chesterfield County has just expanded permitted uses to include multifamily, retail/entertainment, hospitality and office in a walkable setting. This presents an exciting opportunity for businesses that may not have considered this area before now. Chesterfield County as a whole will benefit for decades to come.”

Watkins Land is particularly enthusiastic about the relationship with Commonwealth Commercial and their goal of a coordinated plan of development for the balance of Watkins Centre,” commented John Watkins, manager for Watkins Land LLC, which owns Watkins Centre.  “They have a team of professionals that bring experience in all facets of industrial, commercial, retail and entertainment development. This, coupled with the remaining land available and its superior location, makes Watkins Centre the ‘Place To Be’ in Chesterfield County, Virginia.”

Charlottesville-based Castle Development Partners has a portion of the land under contract with plans to construct a $90 million, 450-unit apartment project along Watkins Centre Parkway. “We believe Watkins Centre has enormous potential to become a true mixed-use development with regional employment opportunities, local shops and restaurants, as well as a luxury residential community,” said Andy McGinty, Principal of Castle Development Partners. “The location of the property and the timing of these projects couldn’t be better. We are very excited to be a part of the ongoing growth and development of this submarket.”

This project joins a large pipeline of residential projects proposed in the immediate area, with over 2,000 apartments proposed or under construction in the Midlothian corridor. The growing labor force in the immediate area and the limited office space supply suggests strong fundamentals for new office construction. Coupled with the nearby River City Sportsplex, which hosts national lacrosse, field hockey and soccer tournaments on an annual basis, and the proposed 105-acre waterpark, there is an exceptional opportunity for hospitality and retail as well. Watkins Centre has excellent road frontage to Route 60 and quick access to Route 288, which allows for significant visibility. It is ideally situated in the submarket of Midlothian with the highest per capita income in the Richmond MSA.

For additional information on the proposed development, such as site plans, allowed uses, and up to date project information, visit WatkinsCentreProperty.com.

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 VANashville TNJacksonville FLTampa FLGreensboro NCCharlotte NCRaleigh/Durham NCGreenville SCHouston TXReading PA and Kansas City MO. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services. To learn more, visit www.commonwealthcommercial.com.

SOURCE Commonwealth Commercial Partners

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Commonwealth Commercial Completed Two Transactions This Week

Richmond, VA – January 12, 2018 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • CBA Enterprises, LLC leased 1,314 SF at 3455 West Cary Street in the City of Richmond.  Jim McVey represented the Landlord.
  • Wilton Acquisitions purchased 17.29 acres at Parham and Scott Roads in Henrico County for $1,800,000.  Sam Worley, Carl Blackwell and Bill Barnett represented the Seller.

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 TN, Jacksonville FL, Tampa FL, Greensboro NC, Charlotte NC, Raleigh/Durham NC, Greenville SC, Reading PA and Houston TX. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

Commonwealth Commercial Completed Five Transactions This Week

Richmond, VA – January 5, 2018 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Berk and ALP LLC purchased 10.425 acres of land at 310 LeGordon Drive in Chesterfield County for $105,000.  Bill Barnett and Chris Jenkins represented the Seller.
  • M.A. Mortenson Company leased 50,000 SF at 1100 Dinwiddie Avenue, City of Richmond.  Ben Bruni represented the Tenant.
  • Investment Management of Virginia, LLC leased 3,400 SF at SunTrust Center, 919 E. Main Street in the City of Richmond.  Jamie Galanti and Russell Wyatt represented the Landlord.
  • Bobbie O. Blankenship and Lois C. Blankenship purchased 5.34 acres of land on Headen’s Bridge Road in Bedford County for $26,700.  Randy Cosby represented the Seller.
  • Seek Lavender LLC purchased 54 acres of land on Crowder in Nelson County for $117,000.  Hank Campbell and Randy Cosby represented the Seller.

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 TN, Jacksonville FL, Tampa FL, Greensboro NC, Charlotte NC, Raleigh/Durham NC, Greenville SC, Reading PA and Houston TX. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

Commonwealth Commercial Completed Seven Transactions this Week

Richmond, VA – December, 22 2017 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Amec Foster Wheeler Kamtech, Inc. leased 37,419 SF at 13101 N. Enon Church Road in Chesterfield County. Ben Bruni represented the Tenant.
  • Funai Corporation leased 1,294 SF at 2820 Waterford Lake Drive in Chesterfield County. Fred Plaisted represented the Landlord.
  • Little Oil Company, Inc. leased 6,370 SF at 2500 Waco Street in Henrico County. Jim McVey and Ben Bruni represented the Tenant.
  • The Sherwin Williams Company leased 3,150 SF at 1630 Tappahannock Boulevard in Tappahannock, VA. Jim McVey represented the Landlord.
  • W.S. Badcock Corporation leased 18,900 SF at 1380 East Main Street in Wythe County, VA. Carl Blackwell represented the Landlord.
  • Monument Development Six, LLC purchased a 24,000 SF office building at 3212 Cutshaw Avenue in the City of Richmond for $1,425,000. Ben Bruni and Evan Ocheltree represented the Seller.
  • Isaac Shelley purchased 11.53 acres on Lanier Road in Goochland County for $1,153,000. Joe Buhrman and Bill Barnett represented the Seller.

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 TN, Jacksonville FL, Tampa FL, Greensboro NC, Charlotte NC, Raleigh/Durham NC, Greenville SC, Reading PA and Houston TX. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

Commonwealth Commercial Completed Four Transactions This Week

Richmond, VA – November 3, 2017 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Mahendra Z. Patel purchased 2.115 acres at US Route 1 and Sliding Hill Road in Hanover County for $800,000.  Jim McVey and Michael Morris represented the Seller.
  • Temp-Power, Inc. purchased 1875 E. Nine Mile Road in Henrico County for $430,000.  Ben Bruni and Middleton Smith represented the Seller.
  • Scott Kim purchased 2000 Snead Avenue in the City of Colonial Heights for $225,000.  Jim McVey and Michael Morris represented the Seller.
  • Marvin and Debbie Martin purchased 103.929 acres on Folly Neck Road in Richmond County for $650,000.  Randy Cosby, Chris Jenkins and Bill Barnett represented the Seller.

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 TN, Jacksonville FL, Tampa FL, Greensboro NC, Charlotte NC, Raleigh/Durham NC, Greenville SC, Reading PA and Houston TX. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

Commonwealth Commercial Completed Five Transactions This Week

Richmond, VA – July 14, 2017 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Stosch, Dacey & George, P.C. leased 5,201 SF at 4551 Cox Road in Henrico County.  Fred Plaisted represented the Tenant.
  • Syntec Business Systems, Inc. leased 1,494 SF at 1480 Oakbridge Court in Powhatan County.  Nash Warren represented the Tenant.
  • Collabera, Inc. leased 2,061 SF at 301 Concourse Boulevard in Henrico County.  Evan Ocheltree represented the Tenant.
  • HDC, LLC purchased a 2,050 SF building at 6935 Forest Hill Avenue in the City of Richmond for $525,000.  Morgan Trible represented the Purchaser.
  • Weg Property Management, LLC purchased approximately 1.072 acres at Patriot’s Land, Route 60 and Cooper Tavern Road in New Kent County for $323,000.  Bill Barnett, Joe Buhrman and Chris Jenkins represented the Seller.

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 TN, Jacksonville FL, Tampa FL, Greensboro NC, Charlotte NC, Raleigh/Durham NC, Greenville SC and Reading PA. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.