Sales and Leasing Transactions announced in Richmond, VA 4.21.23

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Tahiri Capital purchased 6,682 square feet at 13354 Midlothian Tpke. in Chesterfield for $915,000 from Burgess Enterprises. Eric Hammond and Tucker Dowdy with Commonwealth Commercial Partners represented the seller.

Spectra Services leased 9,000 square feet at 12662 Bermuda Triangle Road in Chesterfield. Ben Bruni, SIOR and David Williams represented the landlord.

Frith, Anderson, Peake PC leased 1,869 square feet at 4198 Cox Road in Henrico. Eric Hammond and Russell Wyatt represented the landlord and Jamie Galanti and Eliza Izard represented the tenant.

Civica Foundation purchased 9.4 acres at 9401 Courthouse Road in Chesterfield County for $795,400 from Economic Development Authority of the County of Chesterfield. Ben Bruni, SIOR and Carl Blackwell represented the buyer.

Nallapaneni Consultants leased 1,617 square feet at 4510 Cox Road in Henrico. Eric Hammond, Russell Wyatt and Eliza Izard represented the landlord and Tucker Dowdy represented the tenant.

HNTB Corp. leased 2,075 square feet at 4510 Cox Road in Henrico. Eric Hammond, Russell Wyatt and Eliza Izard represented the landlord.

HG Real Estate purchased 68 acres at 4579 Old Fredericksburg Road in Goochland County for $700,000 from Guza Investments. C. Ryan Fanelli and Joe Buhrman represented the seller and Brent Altaffer and Randy Cosby represented the buyer.

133354 Midlothian Turnpike

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CCP Awarded Property & Asset Management of 5707 Peachtree Parkway in Atlanta, GA

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Commonwealth Commercial Partners is pleased to announce that we have been awarded the Property and Asset Management of 5707 Peachtree Parkway in Atlanta, GA. This is a 100k RSF office building in the Peachtree Corner district of Atlanta that is currently fully occupied by CarMax and Fleetcor. This assignment is owned by Continental Capital Partners. 

 

Peachtree Parkway
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INDUSTRIAL SALES TEAM AT COMMONWEALTH COMMERCIAL EXECUTES $14M DEAL IN MIDLOTHIAN

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Midlothian, Virginia – Commonwealth Commercial Partners (CCP), a leading commercial real estate firm headquartered in Richmond, showcased the talents of its industrial sales team with the recent sale of the Trane distribution facility in Midlothian, Va. The off-market deal closed Aug. 26, 2021, with a $14 million purchase by Peterson Cos. in Fairfax, Va.

Russell Wyatt, Senior Vice President at CCP, and Tucker Dowdy, Vice President at CCP, represented the seller, Railey Hill Associates LLC, in the transaction. The 83,025-square-foot building is located at 14000 Justice Road and was constructed for Ingersoll Rand dba Trane Technologies Inc.

“Our industrial sales team is seeing a surge in velocity of real estate projects involving industrial and investment properties throughout the Richmond region,” said Russell Wyatt. “In addition to the Trane facility in Midlothian, CCP has brokered industrial sales deals on Gaskins Road in the west end, in Railey Hill and in Woodlake.”

Industrial sales and investment sales are niche specialties at Commonwealth Commercial. The company’s strengths in those areas include professional expertise, in-depth market knowledge, long-standing strategic relationships and a wealth of resources to help clients achieve their investment goals.

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. To learn more, visit www.commonwealthcommercial.com

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Commonwealth Commercial Completed Six Transactions this Week

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

  • #1 A LifeSafer Distribution, Inc. leased 2,194 SF at 2600 E. Parham Road in Henrico County.  Chip Louthan represented the Landlord.
  • Hurricane Fence Co. leased 1,896 SF at 1108 Dinneen Street in the City of Richmond.  Colton Konvicka and Ben Bruni represented the Tenant.
  • Aptive Environmental, Inc. leased 1,784 SF at 6290 Old Warwick Road in the City of Richmond.  Colton Konvicka and Ryan Fanelli represented the Landlord.
  • Galleria Partners of Lynchburg, LLC purchased 24,000 SF at 915 W. Main Street in Lynchburg from Lynchburg Community Action Group for $750,000.  Carl Blackwell represented the Purchaser.
  • Cebelle Holdings Corporation purchased 5.542 acres at 10985 Leadbetter Road in Hanover County from Leadbetter Property & Development, Inc. for $888,000.  David Williams represented the Purchaser.
  • Madjesty, LLC purchased 1,500 SF at 112 Midpoint Drive in Goochland County from Crozier Land Company, LLC for $92,000.  Ben Bruni 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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