CoStar Power Broker Q2 Quarterly Deals – Office and Industrial Winner

Please help us congratulate Ben BruniC. Ryan FanelliEliza IzardJamie Galanti, and Russell Wyatt for being recognized by CoStar as a 2022 CoStar Power Broker Quarterly Deals Office and Industrial Winner for Q2!

Ben and Ryan represented the Landlord in their 1-800-Pack-Rat deal where they leased 69,693 SF.

Eliza, Jamie, and Russell represented the Landlord in their Virginia Passenger Rail Authority deal where they leased 15,536 SF.

Congratulations to our Sales and Leasing Team!

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

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 Nine Transactions this Week

Richmond, VA – October 23, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Drs. Kaugers & Miller, PLC leased 2,580 SF at 5700 Old Richmond Avenue in Henrico County.  Tucker Dowdy and Mark Claud represented the Landlord.
  • The Wood Law Firm, PLC leased 836 SF at 6720 Patterson Avenue in the City of Richmond.  Tucker Dowdy represented the Landlord.
  • Mechanicsville Hardware LLC leased 19,841 SF at 7026 Mechanicsville Turnpike in Hanover County.  Michael Morris, John Thompson and Jim McVey represented the Landlord.
  • Virginia Dental & Anesthesia Associates leased 2,832 SF at 11551 Nuckols Road in Henrico County.  Eric Hammond, Jamie Galanti and Russell Wyatt represented the Landlord.
  • Life Lessons Family Services, LLC purchased 1,183 SF at 7834 Forest Hill Avenue in the City of Richmond from David H. and Lynne D. Gouger for $160,000.  Eric Hammond represented the Seller.
  • Hermitage Investment Group, LLC purchased 19,376 SF at 4300 Vawter Avenue in Henrico County from Vawter Ave, LLC for $1,500,000.  Ben Bruni and Colton Konvicka represented the Seller and Russell Wyatt represented the Buyer.
  • Hermitage Holdings Brook Road, LLC purchased 3,312 SF at 7430 Brook Road in Henrico County from George T. Lee and Angela Y. Lee for $410,000.  Ben Bruni and Russell Wyatt represented the Purchaser.
  • SR Ellen Road, LLC purchased 34,635 SF on 2.892 acres at 1900 Ellen Road in the City of Richmond from Sampson Coatings, Inc. for $2,700,000.  Ben Bruni and Ryan Fanelli represented the Seller.
  • Maroon Eleven, LLC purchased 1,000 SF at 1911 W. Cary Street in the City of Richmond from David B. Robinson, CPA for $270,000.  Tucker Dowdy 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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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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