CoStar Power Broker Quarterly Deals Winners for Q1 Announced

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Please help us in congratulating members of our Sales & Leasing team for being recognized by CoStar Group as 2023 CoStar Power Broker Quarterly Deals winners for Q1!

Top Sales Deal
Submarket – Airport Ind
Property Type – Industrial
Sale Price – $24,150,000
Seller Reps: Russell Wyatt & Ben Bruni, SIOR

Top Industrial Leasing Deal
Goochland Ind
SF Leased – 18,362
Tenant Name – Upholstery and Fabric Stores
Tenant Reps: C. Ryan Fanelli

Top Office Leasing Deal
Submarket – Parham East
SF Leased – 33,900
Tenant Name – Colonial Webb Contractors Co.
Landlord Reps: Michael Good & Tucker Dowdy

Top Retail Leasing Deal
Submarket – Midlothian West Ret
SF Leased – 25,000
Tenant Name – Bangers and Dinks LLC
Tenant Reps: Thomas Lynde & Colton Konvicka

CoStar Winners

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BizSense The Pipeline: Commercial Real Estate Roundup for 4.8.22

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Posted on 4/8/2022 –The Pipeline: Commercial real estate roundup for 4.8.22

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

Congrats to our Sales and Leasing team! Commonwealth Commercial is pleased to announce the following deals this week:

ABG Group leased 840 square feet at 9401 Courthouse Road in Chesterfield. Tucker Dowdy and Jamie Galanti represented the landlord.

Virginia Passenger Rail Authority leased 15,536 square feet at 919 E. Main St. in Richmond. Jamie Galanti, Eliza Izard and Russell Wyatt represented the landlord.

Vander Motorwerks LLC leased 1,800 square feet at 10385 Wood Park Court in Hanover. Colton Konvicka represented the tenant.

Neo Classic Cars leased 4,050 square feet at 4905 W. Marshall St. in Henrico. C. Ryan Fanelli Fanelli represented the tenant.

Andres Rocha-Marron purchased 3.38 acres at 8849 Whitepine Road in Chesterfield for $195,000 from Harrison & Hine. Michael Mayhew represented the buyer.

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BizSense The Pipeline: Commercial Real Estate for 1.28.22

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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.

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Commonwealth Commercial Completed Eight Transactions this Week

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Richmond, VA – November 12, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Brandi Walker leased 2,910 SF at 131 Richmond Highway in the City of Richmond. Ben Bruni represented the Landlord.
  • Moser Originals, LLC leased 3,410 SF at 6290 Old Warwick Road in the City of Richmond. Colton Konvicka and Ryan Fanelli represented the Landlord.
  • Belle Cabana leased 2,250 SF at 1260 Alverser Plaza in Chesterfield County. Ben Boykin and Ryan Fanelli represented the Tenant.
  • IvyRehab Mechanicsville VA, LLC dba Spectrum Physical Therapy leased 6,024 SF at 7225 Bell Creek Road in Hanover County. Morgan Trible and Jim McVey represented the Landlord.
  • Classic Air Care, LLC leased 24,349 SF at 240 Clearfield Avenue in Virginia Beach. Gresh Wall represented the Landlord.
  • DCCC, Inc. leased 3,300 SF at 2301 N. Parham Road in Henrico County. Eric Hammond and Tucker Dowdy represented the Landlord.
  • Vanderbilt Properties, LLC purchased .05 acres at 127 N. 18th Street in the City of Richmond from Rochelle Holding Company for $150,000. Jim McVey, Michael Morris and Thomas Lynde represented the Seller.
  • Duplex Station, LLC purchased 30,000 SF at 2300 Hermitage Road in the City of Richmond from Foundry Associates for $3,200,000. Ben Bruni and Ryan Fanelli represented the Purchaser.

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

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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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Commonwealth Commercial Completed Twelve Transactions this Week

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

  • Schewel Furniture Company, Inc. leased 27,000 SF at 81 Orchard Hill Circle in Augusta County.  Carl Blackwell represented the Tenant.
  • Blanchard Strategy, LLC leased 528 SF at 4915 Radford Avenue in Henrico County.  Tucker “Nash” Warren and Eliza Izard represented the Landlord.
  • D&S Motorsports leased 3,600 SF at 6290 Old Warwick Road in the City of Richmond.  Colton Konvicka and Ryan Fanelli represented the Landlord.
  • Virginia Electronics, Inc. leased 4,500 SF at 10975 Richardson Road in Hanover County.  Ben Bruni and Russell Wyatt represented the Landlord.
  • D&L Parts Company leased 6,250 SF at 5805 School Avenue in Henrico County.  Ben Bruni represented the Landlord.
  • Atlanta Dental Supply leased 600 SF at 10180 Lakeridge Parkway in Hanover County.  Ben Bruni represented the Tenant.
  • Reveler Immersive Experiences LLC leased 6,150 SF at 3108 W. Cary St. in the City of Richmond.  Jim McVey, Michael Morris, and Thomas Lynde represented the Landlord.
  • Purser Holdings, LLC purchased 9,400 SF on 2.02 acres located at 5601 Biggs Road in the City of Richmond from N&M Development, LLC for $892,500.  Colton Konvicka and Tucker Dowdy represented the Purchaser.
  • Hui Lin & Chong Hui Chen leased 2,700 SF at Madison Heights Shopping Center at 161 Madison Heights Avenue in Amherst County.  Morgan Trible represented the Landlord.
  • Old Dominion University-leased 2,015 SF at 919 E. Main Street in the City of Richmond.  Jamie Galanti, Russell Wyatt, and Eliza Izard represented the Landlord.
  • CrossCountry Mortgage, LLC leased 3,500 SF at 14405 Justice Road in Chesterfield County.  Eliza Izard and Jamie Galanti represented the Tenant and Eric Hammond and Ben Bruni represented the Landlord.
  • Amazing Dental, LLC leased 803 SF at 5700 Old Richmond Avenue in Henrico County.  Tucker Dowdy and Michael Good 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, 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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Uber co-founder’s ghost kitchen startup buys into Scott’s Addition

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Posted on 6/29/2021 by Mike Platania at Richmond BizSense

A ghost kitchen startup from an Uber co-founder has taken a bite out of Scott’s Addition.

Earlier this month an entity tied to City Storage Systems bought the building at 2812 W. Broad St. for $750,000. The one-story, 6,100-square-foot building is just east of the Hofheimer Building.

City Storage Systems is the parent company of Cloud Kitchens, a ghost kitchen startup from Uber co-founder Travis Kalanick.

Kalanick resigned from the ride-sharing company, under pressure from investors, in 2017 as it faced controversies surrounding allegations of sexual harassment and sexism in the workplace.

He then started Cloud Kitchens, which through the ghost kitchen model offers rentable kitchens to restaurateurs for delivery-only business.

Continue reading the full article

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Commonwealth Commercial Completed Nine Transactions this Week

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Richmond, VA – June 18, 2021 – Commonwealth Commercial Partners, LLC is pleased to report last week’s completed transactions.

  • Graham’s Ice Crea, LLC leased 1,678 SF at 7038 Mechanicsville Turnpike in Henrico County.  Michael Morris and John Thompson represented the Landlord.
  • PHGRE, Inc. leased 2,800 SF at 419 North Ridge Road in Henrico County.  Michael Morris represented the Landlord.
  • Supper Club, LLC leased 2,800 SF at 417 North Ridge Road in Henrico County.  Michael Morris represented the Landlord.
  • Well Into Life, LLC leased 3,464 SF at 2307 N. Parham Road in Henrico County.  Eric Hammond and Tucker Dowdy represented the Landlord.
  • Blanchard Strategy, LLC leased 528 SF at 415 Radford Avenue in Henrico County.  Tucker “Nash” Warren and Eliza Izard represented the Landlord.
  • Riverside Logistic Services leased 40,000 SF at 402 E. Randolph Road in the City of Hopewell.  Chip Louthan and Colton Konvicka represented the Landlord.
  • Professional Moving and Storage leased .25 acres at 4300 Vawter Avenue in Henrico County.  Ben Bruni and Russell Wyatt represented the Landlord.
  • Saiia Construction Company, LLC leased 1,600 SF at 1808 Coyote Drive in Chesterfield County.  Ben Bruni represented the Tenant.
  • Green Leaf Medical, LLC leased 5,636 SF at 3100 W. Cary Street in the City of Richmond.  Jim McVey, Michael Morris 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, 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

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Richmond, VA – June 4, 2021 – Commonwealth Commercial Partners, LLC is pleased to report last week’s completed transactions.

  • 2812 W. Broad Street RVA LLC purchased 6,120 SF at 2812 W. Broad Street in the City of Richmond from Richard & Roslyn B. Blankenship for $750,000.  Ryan Fanelli and Colton Konvicka represented the Seller and Ben Bruni represented the Purchaser.
  • Fitzhugh Building LLC purchased 9,000 SF at 4900-4902 Fitzhugh Avenue in the City of Richmond from Dallan Development, LLC for $1,600,000.  Ben Bruni and Russell Wyatt represented the Seller.
  • Abbott’s Auto Service renewed its 4,596 SF lease at 11008-F and 11008-M West Broad Street in Henrico County.  Jim McVey represented the Landlord.
  • Macemedia, Inc. leased 1,803 SF at 11551 Nuckols Road in Henrico County.  Eric Hammond, Jamie Galanti and Russell Wyatt 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, 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

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Richmond, VA – May 28, 2021 – Commonwealth Commercial Partners, LLC is pleased to report last week’s completed transactions.

  • Jeffrey Lane leased 700 SF at 1321 ½ East Main Street in the City of Richmond.  Eric Hammond represented the Landlord.
  • RMT Investments, LLC purchased 2,932 SF at 611 Moorefield Drive, Suite D in Chesterfield County from W&M Investments, LLC for $277,000.  Colton Konvicka and Ben Bruni represented the Seller.
  • Matthew Richardson purchased 8,500 SF at 2050 Valpark Drive in Goochland County from John D. Joyce, Jr. for $750,000.  Ben Bruni represented the Purchaser and Tucker Warren 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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