Commonwealth Lodging Management is pleased to Announce Three New Properties in Norfolk, Virginia, and Youngstown, Ohio

March 8, 2024

Commonwealth Lodging Management is pleased to announce three new Properties in Norfolk, Virginia, and Youngstown, Ohio.

1. Wyndham Garden Norfolk Downtown:
The former Golden Triangle Hotel was an iconic hotel in Norfolk Virginia and credited with leading the city’s urban revitalization when it opened in the 1960s. Since then, the hotel has traded under several franchises, most recently Wyndham Garden Inn. For the past decade, it hosted a large Navy contract for lodging and was largely unavailable for corporate travelers, conferences, large social events, and sports teams. The hotel has been recently updated with a new guest room furniture package and Commonwealth Lodging will spearhead re-conception of its restaurant in the coming months. This hotel now caters to a range of clients, including government and business travelers, sports groups, Virginia Beach/Norfolk tourism, and social event organizers. With 15,000 square feet of meeting space and over 200 rooms, the hotel can accommodate groups of up to 300 people.

2. Residence Inn by Marriott Youngstown Boardman/Poland:
With 78 well-equipped suites, this hotel meets the needs of long-term travelers seeking comfort and convenience. The property is set to undergo a comprehensive transformation, promising newly furnished guest rooms, a modernized residential style lobby, updated fitness equipment, and inviting new outdoor furniture for the pool and backyard fire pit/grilling area. Residence Inn is positioned to offer guests an away from home experience.

3. Fairfield Inn & Suites by Marriott Youngstown Boardman/Poland:
Adjacent to the Residence Inn, the Fairfield Inn & Suites offers 62 rooms designed to improve the stay experience. This property will also undergo comprehensive renovation with newly furnished guest rooms, a welcoming lobby, and refreshed fitness and pool areas. With a commitment to excellence and guest satisfaction, Fairfield Inn & Suites by Marriott provides a seamless blend of comfort and convenience to travelers visiting the Youngstown Boardman/Poland area.

Edward Denton, Chief Development Officer, conveyed, “As we continue to expand our portfolio, the growth strategy at Commonwealth Lodging is centered on adding value for our investment partners and management clients. We are committed to identifying opportunities that not only enhance our brand presence but also deliver exceptional returns and sustainable growth for all stakeholders involved.”

Duane Gauthier, Managing Director of Commonwealth Lodging, added, “Expanding our geographic footprint is matched with our continued focus on supporting the customer experience, creating career opportunities for our team members, and fostering long-term profitability for our company.”

Commonwealth Lodging will oversee all operations and repositioning efforts for these hotels.

About Commonwealth Commercial Partners, LLC
Commonwealth Commercial Partners (CCP) is a leading full-service commercial real estate firm headquartered in Richmond, Virginia with offices in Atlanta, Charlotte, Columbus, Greenville, Hampton Roads, Houston, Jacksonville, Kansas City, Minneapolis, Nashville, Norfolk, Raleigh/Durham, San Antonio, St. Louis, and Tampa. CCP has expertise in Commercial Sales & Leasing, Property & Asset Management, Construction Management, Hospitality Management, Project Management, Land Sales, and Forestry Consulting.

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Commonwealth Lodging 2022 Ordinary Awards Winners

The Virginia Restaurant, Lodging & Travel Association celebrated the best of the hospitality and tourism industry during the 2022 Ordinary Awards presentation and dinner at the Hilton Richmond Short Pump on Monday, October 3. Winners for the seventh annual event were announced to an audience of 320 industry peers and leaders from across the state!

Commonwealth Commercial’s affiliated company, Commonwealth Lodging, is proud to announce that Caroline Mann won the Hotel Employee of the Year award for Norfolk Waterside Marriott! Thank you, Caroline, for all of your hard work and dedication!

We are also excited to announce that Hristina Kamburova was a top finalist for the Restaurant Manager of the Year award for Norfolk Waterside Marriott! We are so proud of our team and its accomplishments.

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CCP Awarded Property Management of 900 Asbury Avenue in Hampton Roads

January 26, 2022 – Norfolk, Virginia

Commonwealth Commercial Partners has been awarded the Property Management of 900 Asbury Ave. in Norfolk, Virginia.  900 Asbury Ave. is a 50,327 square foot office/flex building located in Central Business Park in the City of Norfolk.  The building was built in 2017 and is home to two tenants, CIRS and Delphinus Engineering.

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Lingerfelt CommonWealth Sells Virginia Beach Class A Industrial Distribution Building for $21.7 Million

Richmond, VA  — November 16, 2020  — Lingerfelt CommonWealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, today announced the $21,695,000 sale of 1537 Air Rail Avenue in Virginia Beach. The building is a 320,000 square foot, Class A single tenant industrial distribution building, located near the Norfolk International Airport and Interstate 64.  The sale closed on November 12, 2020. The purchaser is a family office client of Manchester Capital Management, LLC, a Charlottesville, Virginia wealth management and real estate advisory firm.

Lingerfelt CommonWealth purchased the building in December 2018 for $8.0 million and simultaneously secured a 12-year, full-building lease with a single tenant. Lingerfelt CommonWealth invested $7 million in renovations to this facility including, but not limited to: a complete renovation of all interior office space and island offices; all new office bathrooms and kitchen; extensive warehouse flooring repair; upgraded electrical throughout; new unit heaters; addition of tailgate doors on the exterior bringing the total to 40 and 3 drive-in doors; new motorized security gate; and extensive repair on the 300,000 gallon water tank.

Commonwealth Commercial Partners, the Company’s property management affiliate, provided property and asset management services for the facility.  Comprehensive Development Strategies, the Company’s construction management affiliate, provided construction services for the renovations to the facility.

The property is located in Virginia Beach’s Airport Industrial Park, at the intersection of Diamond Springs Road and Northampton Boulevard, and includes 18 acres of land in addition to the building itself.  It has two points of access to Interstate 64, which makes it very close to the region’s port terminals, freight transfer and distribution facilities, and military installations nearby.  It is rail-served with an active Norfolk Southern spur for efficient loading and unloading of railcars.

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