BizSense The Pipeline: Commercial Real Estate Roundup for 5.20.22

Posted on 5/20/2022 –The Pipeline: Commercial real estate roundup for 5.20.22

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

Elite Metro Corp. leased 1,175 square feet at 616 Hull Street Road in Richmond. Michael Morris represented the landlord.

Renewal Counseling & Consultation Services leased 2,400 square feet at 10100 Iron Bridge Road in Chesterfield. Ben Boykin represented the landlord.

Virginia Commonwealth Corp. leased 1,723 square feet at 6201-6243 River Road in Henrico. Ben Boykin represented the tenant.

KonNik, LLC purchased 4,337 square feet at 2590-B Gaskins Road in Henrico for $1.1 million from Railey Hill Associates. Tucker Dowdy and Russell Wyatt represented the seller.

BMR Investments I purchased 251 acres on Pocahontas Trail and Old Telegraph Road in New Kent for $950,000 from Deborah Lynn Hula. Hank Campbell represented the seller.

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Middlesex County Scout Camp Sells For $3.5 Million

Richmond, VA – Commonwealth Commercial Partners, LLC is pleased to have facilitated the sale of the Bayport Scout Camp at 623 Bayport Road in Middlesex County, VA. Hank Campbell (the lead broker) and Sam Worley of Commonwealth Commercial represented the seller, Phoenix Property Holdings, LLC. The purchaser is MHC RV, LLC. The 306± acre, waterfront property closed on October 19, 2020 for $3,500,000. This property was previously a Boy Scout Camp. It was recently rezoned for a commercial RV campground and approved for 900 RV sites.

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 – August 28, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • VenGott, LC leased 2,782 SF at 1100 Boulders Parkway in Chesterfield County.  Russell Wyatt, Jamie Galanti and Eliza Izard represented the Landlord.
  • Kraft Heinz Foods Group leased 5,567 SF at 16021 and 16023 Continental Boulevard in Chesterfield County.  Ben Bruni and Colton Konvicka represented the Landlord.
  • Invested Transition, LLC leased 3,300 SF at 4204-A Eubank Road in Henrico County.  Tucker Warren represented the Tenant.
  • N&B Ventures, LLC leased 2,000 SF at 135 Hill Carter Parkway in Hanover County.  Morgan Trible represented the Landlord.
  • CWR Property, LLC purchased 23.41 acres at 1600 Ashton Park Drive, Ashton Creek Business Center in Chesterfield County from Carrie E. Coyner, Successor Trustee for $750,000.  Colton Konvicka and David Williams represented the Seller.
  • Austin Woods Apartments, LLC purchased 13 acres at 6767 Iron Bridge Road in Chesterfield County from Austin Woods Development Co. for $4,025,000.  Sam Worley, Craige Pelouze and Ryan Fanelli represented the Seller.
  • Kilmarnock Tobacco & Vape, LLC leased 1,600 SF at 130 Old Fair Grounds Way in Lancaster County.  Morgan Trible represented the Landlord.
  • Quik Fuel, Inc. purchased 1.52 acres on Market Drive in Emporia, VA from Chambliss Properties, LLC for $500,000.  Ryan Fanelli and Hank Campbell 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 – 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.

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Commonwealth Commercial Completed Two Transactions This Week

Richmond, VA – July 21, 2017 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Keysville Property Investments, LLC leased 8,000 SF at 3520 Roxbury Road in Charles City County.  Ben Bruni represented the Tenant.
  • Union Level Land & Timber, LLC purchased 165 acres on Monroe Road in Southampton County.  Hank Campbell 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.

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