Commonwealth Commercial Completed Eight Transactions this Week

Richmond, VA – December 3, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • InMotion Physical Therapy, LLC leased 4,347 SF at 3001 Hungary Spring Road in Henrico County.  Eric Hammond and Chip Louthan represented the Tenant.
  • Mosaic Group, LLC dba Mosaic Pediatric Therapy leased 4,087 SF at 5153 Craig Rath Boulevard in Chesterfield County.  Jamie Galanti and Eliza Izard represented the Tenant.
  • Carova Holding Company, Inc. leased 1,297 SF at 2101 Parks Avenue in Virginia Beach.  Gresh Wall represented the Landlord.
  • Ogburn Brothers, Inc. leased 28,000 SF at 10987 Richardson Road in Hanover County.  Chip Louthan and Michael Mayhew represented the Tenant.
  • Richmond Pediatric Dentistry and Orthodontics renewed its 2,938 SF lease at 8503 Patterson Avenue in Henrico County.  Eliza Izard and Russell Wyatt represented the Landlord.
  • Nettles Storage, LLC purchased 3.5 acres of land at 12994 Nettles Drive in Newport News from Nettles Associates, LLC for $650,000.  Ryan Fanelli and Nate Krey represented the Seller.
  • Virginia Electric and Power Company purchased 11.8 acres at 212 Dry Bridge Road in Chesterfield County from Watkins Land, LLC for $530,000.  Bill Barnett, Joe Buhrman and Chris Jenkins represented the Seller.
  • Bellwood Crossing LLC purchased 3.5 acres at 8009, 8011, 8031, 8045 and 8075 Jefferson Davis Highway in the City of Richmond from The Diamond Group, LLC for $1,350,000.  Chris Jenkins, Randy Cosby and Michael Good represented the Purchaser and Ben Bruni represents 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, Charlotte NC, Raleigh/Durham NC, Greenville SC, Columbus OH, 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.

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Commonwealth Commercial Completed Six Transactions this Week

Richmond, VA – November 5, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Virginia Insurance Services, Inc. leased 1,900 SF at 1 Park West Circle in Chesterfield County.  Tucker Dowdy and Jamie Galanti represented the Landlord.
  • Kala Brand Music Co. leased 29,342 SF at 11223 Leadbetter Road in Hanover County.  David Williams represented the Landlord.
  • EDOS LLC leased 775 SF at 5300 Hickory Park Drive in Henrico County.  Eric Hammond and Michael Good represented the Landlord.
  • JSC of Richmond, LLC dba Mr. Sandless of Richmond leased 854 SF at 7921 W. Broad Street in Henrico County.  Ben Bruni represented the Tenant.
  • Brandi Walker leased 2,910 SF at 131 Richmond Highway in the City of Richmond.  Ben Bruni represented the Landlord.
  • CRDR Management LLC purchased 2.74 acres at 710 Watkins Centre Parkway in Chesterfield County for $400,000 from Watkins Land LLC.  Chris Jenkins, 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, Charlotte NC, Raleigh/Durham NC, Greenville SC, Columbus OH, 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.

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Commonwealth Commercial Completed Five Transactions this Week

Richmond, VA – October 22, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Guifang Acupuncture & Herb, LLC leased 1,328 SF at 11551 Nuckols Road in Henrico County. Eric Hammond, Jamie Galanti and Russell Wyatt represented the Landlord.
  • Steward Partners Global Advisory, LLC leased 3,616 SF at 1 Park West Circle in Chesterfield County. Tucker Dowdy and Jamie Galanti represented the Landlord.
  • Powhatan County, VA purchased 19.76 acres on Anderson Highway in Powhatan County for $850,000 from Shady Oaks Urbine, LLC. Chris Jenkins and Joe Buhrman represented the Seller.
  • M&H Sommerville, LLC purchased 8,700 SF at 14308-14316 Sommerville Court in Chesterfield County for $2,700,000 from Sommerville Real Estate Holdings, LLC.  Tucker Dowdy and Russell Wyatt represented the Seller.
  • Aragon Group, LLC purchased 4,826 SF at 5420 Distributor Drive in the City of Richmond for $330,000 from Purser Family, LLC.  Tucker Dowdy and Colton Konvicka 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, Charlotte NC, Raleigh/Durham NC, Greenville SC, Columbus OH, 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.

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Wegmans pays $4M for 220-acre site of contested Hanover County facility

Posted on 8/3/2021 by BizSense

Following a string of permit approvals and court decisions in its favor, Wegmans Food Markets has moved ahead with purchasing the site of a planned distribution facility and regional headquarters in Hanover County.

But at least one legal challenge to the project remains in play.

The supermarket chain closed July 20 on the nearly 220-acre site where it’s approved to build the 1.1 million-square-foot, $175 million facility. Commonwealth Commercial Partners, which brokered the deal, reported the purchase price at $4 million.

Commonwealth Commercial’s Bill Barnett, who represented Air Park Associates in the deal along with colleagues Joe Buhrman and Chris Jenkins, said the timing of the purchase was reflective of the recent developments surrounding the project.

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Commonwealth Commercial Completed Four Transactions this Week

Richmond, VA – July 30, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Jesse S. Feinman dba Pomegranate Press leased 600 SF at 304 East Main Street in the City of Richmond.  Eric Hammond represented the Landlord.
  • All-Star Orthodontics, PLC leased 2,680 SF at 2100 Roux Street in Henrico County.  Tucker Dowdy represented the Tenant.
  • Wegmans Food Markets, Inc. purchased approx. 217.33 acres at Ashcake Road and Sliding Hill Road in Hanover County from Air Park Associates, L.P. for $4,000,000.  Chris Jenkins, Bill Barnett, and Joe Buhrman represented the Seller.
  • Chesterfield County purchased 41.392 acres at 12800 Genito Road in Chesterfield County from Sue Clements and Patsy Stargardt for $4,500,000.  Chris Jenkins 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, Charlotte NC, Raleigh/Durham NC, Greenville SC, Columbus OH, 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.

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The Pipeline: Commercial real estate roundup for 7.23.21

Posted on 7/23/2021 by Richmond BizSense

TOP THREE SALES

No. 1: Advanced Properties purchased 62,657 square feet at 4350 Pouncey Tract Road in Henrico for $8.32 million from Colony Lake. Catharine Spangler, Connie Jordan Nielsen and Nicki Jassy with Cushman & Wakefield | Thalhimer represented the seller.

No. 2: Chesterfield County purchased 41.4 acres at 12800 Genito Road in Chesterfield for $4.5 million from Sue Clements and Patsy Stargardt. Chris Jenkins and Randy Cosby with Commonwealth Commercial Partners represented the seller.

No. 3: Peak Performance Global LLC purchased 6,076 square feet at 5300 Patterson Ave. in Richmond for $1.57 million from Atlantic Union Bank. Will McGoogan with Cushman & Wakefield | Thalhimer represented the seller.

TOP THREE LEASES

No. 1: Patriot Aluminum Products leased 52,875 square feet at 13721 Jefferson Davis Highway in Chesterfield. Isaac DeRegibus with Cushman & Wakefield | Thalhimer represented the tenant.

No. 2: Simplisafe leased 16,015 square feet at 4840 Cox Road in Henrico. Brian K. Berkey and Karla Knight with Cushman & Wakefield | Thalhimer represented the tenant.

No. 3: Kensington Glass Arts leased 12,000 square feet at 8504-8506 Sanford Drive in Henrico. Ben Bruni with Commonwealth Commercial Partners represented the tenant.

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Commonwealth Commercial Completed Seven Transactions Last Week

Richmond, VA – April 5, 2021 – Commonwealth Commercial Partners, LLC is pleased to report last week’s completed transactions.

  • LaQuita McCrae leased 1,156 SF at 2825 S. Crater Road in the City of Petersburg.  Eric Hammond represented the Landlord.
  • Virginia Financial Center leased 1,724 SF at 9401 Courthouse Road in Chesterfield County.  Tucker Dowdy and Jamie Galanti represented the Landlord.
  • Glass Doctor leased 2,269 SF at 11010 W. Broad Street in Henrico County.  Jim McVey represented the Landlord.
  • Virginia Interactive, LLC leased 7,200 SF at 2022 W. Broad Street in the City of Richmond.  Tucker Dowdy and Russell Wyatt represented the Landlord.
  • MBS Productions Services, LLC leased 12,500 SF at 1800 W. Marshall Street in the City of Richmond.  Ben Bruni and Russell Wyatt represented the Landlord
  • Atkinson Investment, LLC purchased 4,434 SF at 6039 Mechanicsville Turnpike in Hanover County from Nighthawk Properties, LLC for $325,000.  Eric Hammond and Tucker Dowdy represented the Seller.
  • Adana Investments, LLC purchased 25.927 acres at 8501 Courthouse Road in Chesterfield County from Virginia Tech Foundation, Inc. for $60,000.  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, Charlotte NC, Raleigh/Durham NC, Greenville SC, Columbus OH, 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.

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Commonwealth Commercial Completed Eight Transactions this Week

Richmond, VA – January 8, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • RVA Family Chiropractic  Wellness LLC leased 1,694 SF at 3721 Westerre Parkway in Henrico County.  Eric Hammond and Tucker Dowdy represented the Landlord.
  • Complete, Whole, Compassionate Care leased 1,200 SF at 1700 Huguenot Road in Chesterfield County.  Eric Hammond represented the Landlord.
  • Counseling Alliance of Virginia, LLC leased 6,720 SF at 2924 Emerywood Avenue in Henrico County.  Tucker “Nash” Warren and Jamie Galanti represented the Landlord.
  • Victorino de la Barrera leased 4,280 SF at 6290 Old Warwck Road in the City of Richmond.  Colton Konvicka and Ryan Fanelli represented the Landlord.
  • Power Systems and Controls, Inc. leased 35,000 SF at 11011 Richardson Road in Hanover County.  Ben Bruni and Tucker Dowdy represented the Landlord.
  • 18 W Broad Street, LLC dba Kinks & Quircks LLC purchased 8,046 SF at 18 W. Broad Street in the City of Richmond from C&L Holdings, LLC for $940,000.  Colton Konvicka represented the Purchaser.
  • Masha Real Estate purchased 2 acres at 4101 Mechanicsville Turnpike in the City of Richmond from Reality I, LLC for $170,000.  Ryan Fanelli and Sam Worley represented the Seller.
  • H B  Property Associates, LLC purchased 19.84 acres on Corporate Road in Petersburg from North Bay Commonwealth Company for $79,000.  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, Charlotte NC, Raleigh/Durham NC, Greenville SC, Columbus OH, 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.

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Commonwealth Commercial Completed Three Transactions this Week

Richmond, VA – May 22, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Southern Pump and Tank Company, LLC leased 5,332 SF at 10470 Wilden Drive in Hanover County.  Ben Bruni and Randy Cosby represented the Tenant.
  • NMS Glen Allen, LLC purchased 1.379 acres at 10085 Brook Road in Henrico County from North Park Peripheral Associates, LP for $350,000.  Carl Blackwell and Eric Hammond represented the Seller.
  • Staples Mill Investments, LLC purchased 12.7 acres at 10785 Staples Mill Road in Henrico County from Jean L. Willis, et al for $480,000.  Randy Cosby 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, Charlotte NC, Raleigh/Durham NC, Greenville SC, Charleston SC, Columbus OH, 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.

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Commonwealth Commercial Completed Four Transactions this Week

Richmond, VA – April 17, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • W.V. McClure, Inc. purchased 20 acres at 11300 Ironbridge Road in Chesterfield County from Riley Lowe for $1,100,000.  Chris Jenkins and Randy Cosby represented the Seller.
  • Richmond Times Dispatch renewed 10,000 SF at Ruffin Mill Center, 16067-16071 Continental Boulevard in Chesterfield County.  Ben Bruni and Colton Konvicki represented the Landlord.
  • MasTec North America, Inc. leased 19,156 SF at 2400 Maury Street in the City of Richmond.  Ben Bruni and Colton Konvicki represented the Tenant.
  • Riverside Counseling and Consulting, LLC leased 924 SF at 4 South 1st Street in the City of Richmond.  Eric Hammond and Thomas Lynde 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, Columbus OH, 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.

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