Industrial building in Ashland sells for $2.7M

Posted on 7/31/2020 by Sydney Lake at Virginia Business

An industrial building in Ashland has sold for $2.756 million, Glen Allen-based commercial real estate company Commonwealth Commercial Partners LLC announced Wednesday.

Located at 11250 Hopson Road, the 52,500-square-foot building sits on more than 3.6 acres of land. TMC Properties LLC (doing business as Green Air Inc., The Duct Shop and Evolve Air Systems) purchased the property from Gloria Sydnor in a transaction that closed July 23. Colton Konvicka and Nate Krey of Commonwealth Commercial Partners represented the buyer and Kevin Cox of Porter Realty Co. Inc. represented the seller.

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COMMONWEALTH COMMERCIAL FACILITATES $2.7 MILLION OFF-MARKET INDUSTRIAL TRANSACTION

Richmond, VA – Commonwealth Commercial Partners, LLC is pleased to have facilitated the sale at 11250 Hopson Road in Ashland, VA. This property consists of a 52,500± SF industrial building situated on 3.67± acres. Colton Konvicka and Nate Krey of Commonwealth Commercial represented the purchaser, TMC Properties, LLC dba Green Air, Inc/The Duct Shop/Evolve Air Systems. Kevin Cox of Porter Realty Company represented the seller, Gloria Sydnor. This transaction closed on July 23, 2020 for $2,765,000.

Green Air, Inc. will move from its current office to occupy 28,000± SF of this property, doubling their existing space to accommodate their business growth. They plan to implement extensive capital improvements, while maintaining the long-term lease of the existing single tenant of the residual 24,500± SF. This sale was an owner occupant/investment, reverse 1031 exchange for 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 Hampton Roads VA, Nashville TN, Jacksonville FL, Tampa FL, Charlotte NC, Raleigh/Durham NC, Greenville SC, Charleston SC, Houston TX, Kansas City MO, St. Louis MO, Columbus OH, and Minneapolis MN. 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.

Commonwealth Commercial Completed Five Transactions this Week

Richmond, VA – July 24, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Tamarosa, LLC purchased 24.671 acres at 1366 and 1406 Broad Street Road in Goochland County from Belham, LLC for $1,040,800. Ben Bruni represented the Purchaser and Sam Worley and Ryan Fanelli represented the Seller.
  • Neverett Eggleston and Sugar’s Crab Shack, LLC leased 5,500 SF at 1800 W. Marshall Street in the City of Richmond.  Ben Bruni and Russell Wyatt represented the Landlord.
  • Fuji Sushi, LLC leased 2,040 SF at 13555 Midlothian Turnpike in Chesterfield County.  Michael Morris represented the Landlord.
  • Day Makers Salon, LLC leased 965 SF at 8801 Three Chopt Road in Henrico County.  Michael Morris and John Thompson represented the Landlord.
  • Dr. Thomas A. Conner, DDS leased 2,024 SF at 9401 Courthouse Road in Chesterfield County. Tucker Dowdy and Jamie Galanti 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.

Commonwealth Commercial Completed Three Transactions this Week

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

  • Cox Property, LLC purchased 15.61 acres at 12574 Broad Street Road and 1515 Little Tuckahoe Court in Goochland County from Cox Irrevocable Trust for $11,000,000.  David Williams with Commonwealth Commercial and Bill Mattox with Mattox & Company represented the Seller.
  • Teresa Y. Green leased 389 SF at 201 N. Washington Highway in Hanover County.  Eric Hammond represented the Landlord.
  • Virginia Association of Commonwealth’s Attorneys leased 750 SF at SunTrust Center, 919 E. Main Street in the City of Richmond.  Jamie Galanti, Russell Wyatt and Eliza Izard 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.

Commonwealth Commercial Completed Ten Transactions this Week

Richmond, VA – July 1, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Crystal Alvis leased 700 SF at 6500 Harbor View Court in Chesterfield County.  Eric Hammond represented the Landlord.
  • Douglas S. Belt, DDS leased 1,013 SF at 5700 Old Richmond Avenue in Henrico County.  Tucker Dowdy and Mark Claud represented the Landlord.
  • Spectra Services, Inc. leased 9,000 SF at 12662 Bermuda Triangle Road in Chesterfield County.  Ben Bruni and David Williams represented the Landlord.
  • Designer Services, LLC leased 25,000 SF at 5611 Pride Road in the City of Richmond.  Ben Bruni and Colton Konvicka represented the Landlord.
  • AG Essence leased 6,600 SF at 5350 Lewis Road in Henrico County.  Ben Bruni and Russell Wyatt represented the Tenant.
  • The Sygma Network, Inc. leased 1,500 SF at 1503 Fauver Avenue in Henrico County.  Ben Bruni and Colton Konvicka represented the Landlord.
  • Buffalo Distro Inc. leased 15,384 SF at 4444 Sarellen Road in Henrico County.  Eric Hammond represented the Tenant.
  • Fiber Technologies Solutions, LLC subleased 6,000 SF at 2401 Road in Charles City County.  Ben Bruni represented the Sublandlord.
  • Megawash, LLC purchased 9.44 acres on US Route 1 in Hanover County from Pence Holdings, Inc. for $700,000.  Ben Bruni and Ryan Fanelli represented the Purchaser.
  • Bermuda Energy, LLC purchased 16.35 acres at 201 Bermuda Road in the City of Richmond from Tredegar Asset Management, LLC for $200,000.  Ryan Fanelli and Nate Krey 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.

Commonwealth Commercial Completed Four Transactions this Week

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

  • Sweetie Boy Home Delivery, LLC leased 3,600 SF at 16007 Continental Boulevard in Chesterfield County. Ben Bruni and Colton Konvicka represented the Landlord.
  • Virginia School of Technology, Inc. leased 46,853 SF at 2000 Westmoreland Street in Henrico County. Tucker Dowdy and Jamie Galanti represented the Landlord.
  • SMN Square Inc. dba Precise Business leased 4,692 SF at 710 Perry Street in the City of Richmond. Kit Tyler and Tucker Warren represented the Landlord.
  • Fauver Avenue Partners, LLC purchased 12,582 SF on 2.3 Acres at 1503-1505 Fauver Ave. and 8792 Old Mountain Road in Henrico County from Mountainbrook Properties, LLC/K&S Properties, LLC for $950,000. Ben Bruni and Colton Konvicka 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, 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.

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.

Commonwealth Commercial Completed Five Transactions this Week

Richmond, VA – May 15, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Elite Chimney Services DBA Cougots leased 3,450 SF at 6290 Old Warwick Road in the City of Richmond.  Ryan Fanelli and Colton Konvicka represented the Landlord.
  • AT HOME Care Staffing leased 1,145 SF at 5700 Old Richmond Avenue in Henrico County.  Tucker Dowdy and Mark Claud represented the Landlord.
  • Restaurant Technologies, Inc. leased 12,850 SF at 5600-5602 Charles City Circle in Henrico County.  David Williams represented the Tenant.
  • Lonesome Dove Bell Creek, LLC purchased 8,100 SF office condo at 7501 Right Flank Road in Hanover County from 7501 Right Flank, LLC for $2,100,000.  Russell Wyatt and Tucker Dowdy represented the Seller.
  • Stosch, Dacey & George PC leased 1,042 SF at 7113 Three Chopt Road in Henrico County.  Fred Plaisted 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, 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.

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.

Winterfield Place phase 2 underway with apartments builder on board

Posted on 3/16/2019 by Jonathan Spires at Richmond Bizsense

A long-awaited second phase of a mixed-use development near the Chesterfield-Powhatan line is moving forward, with a Tennessee-based builder lined up to construct its apartments.

Site work is underway for the final phase of Winterfield Place, a development by Midlothian-based Riverton Associates straddling Winterfield Road at its intersection with Huguenot Trail and Robious Road.

Riverton, led by developer Casey Sowers, has been planning a mixed development of 200 apartments, 22 detached houses and up to 75,000 square feet of commercial space within about half of the 50-acre site on the west side of Winterfield Road, completing the project that started years ago with the Winterfield Place shopping center across the street.

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