Philly firm snaps up more parking lots in $2.9M Monroe Ward deal

Posted on 11/16/2021 by Michael Schwartz at Richmond BizSense

Parkway Corp. can’t seem to get enough downtown parking lots.

The Philadelphia-based parking and real estate development firm last week snatched up another set of parcels in Richmond, this time two surface lots in Monroe Ward.

The company paid $2.87 million for a half-acre made up of adjoining parcels at 115 N. Foushee St., 3 E. Grace St. and 9 E. Grace St., as well as the nearby lot at 101 W. Grace St., which is less than a quarter-acre.

The seller was longtime Richmond-based Jim’s Family Parking. The parcels were most recently assessed at a combined $1.2 million.

It’s the latest local deal for Parkway, which since 2016 has spent more than $7 million on lots in Jackson Ward and Monroe Ward.

In 2016 it paid $2 million for a 0.75-acre surface parking lot at 200 E. Marshall St., where it has since partnered with locally-based SNP Properties to propose a 12-story mixed-use building. That project is still in the planning stages.

In 2019, its paid $2.3 million for a nearly 1-acre assemblage bordered by East Marshall, North 2nd and East Clay streets in Jackson Ward.

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Carytown to get a new bagel shop

Posted on 10/04/2021 by Mike Platania at Richmond BizSense

Another bagel shop is rolling into the city, this time in Carytown.

Chewy’s Bagels, which has been a pop-up shop and wholesaler since its launch in 2019, is preparing to open at 3138 W. Cary St. in Cary Court.

Ashley Cricchio, a Maine native and VCU alum, started Chewy’s two years ago, selling her sourdough bagels initially at Outpost Richmond in Forest Hill.

She expanded to selling wholesale to local markets like Union Market, Little House Green Grocery and Ellwood Thompson’s. In the spring she moved into commissary kitchen and food business incubator Hatch Kitchen in South Richmond, while keeping the idea of her own shop in the back of her mind.

“I had known that I was going to start outgrowing Hatch soon after I moved into one of their rooms. I’ve been feeling kind of the pressure of growth since moving in in the spring,” Cricchio said.

“Making bagels is really equipment-intensive and labor-intensive,” she said. “I was willing to make it work until the right place came along.”

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Fried chicken tender concept to fill Forest Hill hole left by Dunkin’

Posted on 8/26/2021 by Mike Platania at Richmond BizSense

Jeff Nicklas and Mark Sweeney have been in the restaurant business for over 60 years, working as franchisees for Shoney’s, Captain D’s and Sonic. They have 30 locations between the three chains throughout Central and Eastern Virginia.

In 2019, they launched a restaurant concept of their own called Go Bird. Offering fried chicken tenders in the form of baskets and sandwiches, Nicklas said Go Bird has done well in its initial market of Portsmouth.

Now, about a year and a half since the first Go Bird hatched, the brand is coming to Richmond.

Nicklas confirmed they’re preparing to open a Go Bird at 6801 Forest Hill Ave. on the city’s Southside. Go Bird is leasing a 1,500-square-foot, drive-thru compatible space that was left vacant by a Dunkin’ store in early 2019.

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Upper Shirley Vineyards chef cooks up neighborhood market in Tuckahoe

Posted on 8/24/2021 by Jacks Jacobs at Richmond BizSense

A new market is on the menu for Tuckahoe Shopping Center.

Supper Club, a new neighborhood market concept, is aiming to open in late fall at 417 N. Ridge Road, carving out 2,800 square feet of the space that was formerly the Impulse consignment store.

Supper Club joins Providence Hill Real Estate, which is planning to move into the other half of the storefront.

The market will feature prepared meals, butcher-cut meats, local produce, groceries and other retail food items.

Impressed with market concepts like Stella’s Grocery and Libbie Market, Supper Club co-founder Carlisle Bannister said he saw a gap of similar offerings in the Tuckahoe area he wanted to fill.

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Cannabis dispensary sprouting in former Need Supply in Carytown

Posted on 7/22/2021 by Jacks Jacobs at Richmond BizSense

A Carytown storefront is trading jeans for green.

Green Leaf Medical, which operates the region’s only medical cannabis operation in Manchester, has signed a lease to open a retail dispensary in the former Need Supply storefront at 3100 W. Cary St.

Phil Goldberg, Green Leaf’s co-founder, confirmed the deal Wednesday during Richmond BizSense’s “Future of Cannabis in Virginia” virtual panel.

The 5,600-square-foot Carytown space was formerly home to Need Supply’s flagship retail store before the company shuttered permanently during the pandemic.

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Commonwealth Commercial Completed Seven Transactions Last Week

Richmond, VA – April 5, 2021 – Commonwealth Commercial Partners, LLC is pleased to report last week’s completed transactions.

  • LaQuita McCrae leased 1,156 SF at 2825 S. Crater Road in the City of Petersburg.  Eric Hammond represented the Landlord.
  • Virginia Financial Center leased 1,724 SF at 9401 Courthouse Road in Chesterfield County.  Tucker Dowdy and Jamie Galanti represented the Landlord.
  • Glass Doctor leased 2,269 SF at 11010 W. Broad Street in Henrico County.  Jim McVey represented the Landlord.
  • Virginia Interactive, LLC leased 7,200 SF at 2022 W. Broad Street in the City of Richmond.  Tucker Dowdy and Russell Wyatt represented the Landlord.
  • MBS Productions Services, LLC leased 12,500 SF at 1800 W. Marshall Street in the City of Richmond.  Ben Bruni and Russell Wyatt represented the Landlord
  • Atkinson Investment, LLC purchased 4,434 SF at 6039 Mechanicsville Turnpike in Hanover County from Nighthawk Properties, LLC for $325,000.  Eric Hammond and Tucker Dowdy represented the Seller.
  • Adana Investments, LLC purchased 25.927 acres at 8501 Courthouse Road in Chesterfield County from Virginia Tech Foundation, Inc. for $60,000.  Chris Jenkins and Bill Barnett 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 Nine Transactions this Week

Richmond, VA – March 5, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Nicholas Levandowsky leased 1,250 SF at 3112 N. Parham Road in Henrico County.  Tucker Dowdy represented the Tenant.
  • Sabrina Branch Griffin leased 815 SF at 5935 Hopkins Road in Chesterfield County.  Eric Hammond represented the Landlord.
  • Ricky Tillman leased 1,638 SF at 5412 Glenside Drive in Henrico County.  Eric Hammond and Colton Konvicka represented the Landlord.
  • Clocktower Realty Group, LLC leased 1,518 SF at 13823 Village Place Drive in Chesterfield County.  Thomas Lynde, Jim McVey and Michael Morris represented the Landlord.
  • Regina Powell dba Mary Kay leased 528 SF at 4915 Radford Avenue in Henrico County.  Eliza Izard and Tucker “Nash” Warren represented the Landlord.
  • Edward J. Thomason, D.D.S., PC leased 903 SF at 5700 Old Richmond Avenue in Henrico County.  Tucker Dowdy represented the Landlord.
  • At Home Care Staffing, Inc. leased 1,145 SF at 5700 Old Richmond Avenue in Henrico County.  Tucker Dowdy represented the Landlord.
  • Gang Lin and Cuihong Chen purchased 8,995 SF at 14700-14702 Village Square Place in Chesterfield County from Sales Center Associates, LLC for $1,000,000.  Tucker Dowdy and Ben Bruni represented the Seller.
  • Scott Iwashyna purchased 7,650 SF office condo at 2610-B Gaskins Road in Henrico County from Railey Hill Associates, LLC for $1,874,250.  Tucker Dowdy and Russell Wyatt 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 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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Commonwealth Commercial Completed Six Transactions this Week

Richmond, VA – October 16, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Critzer-Cardani, PC leased 3,050 SF at 12090 West Broad Street in Henrico County.  Nash Warren and Kit Tyler represented the Landlord.
  • Sunshine Cline, Inc. dba Rage RVA leased 5,245 SF at 2403 W. Main Street in the City of Richmond.  Ben Bruni and Russell Wyatt represent the Landlord.
  • Qui Thi Nguyen leased 900 SF at 13541 Midlothian Turnpike in Chesterfield County.  Michael Morris represented the Landlord.
  • American Freight, LLC leased 24,500 SF at 3316 Riverside Drive in Danville.  Carl Blackwell represented the Landlord.
  • The Bakery Studios, LLC purchased 12,042 SF at 1710 Altamont Avenue in the City of Richmond from Sound of Music Properties LLC for $1,175,000.  Ben Bruni and Carl Blackwell represented the Seller.
  • Starbucks Coffee Company leased 3,844 SF at 1309 Hershberger Road in Roanoke, VA. Michael Morris and Jim McVey 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, 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 – May 8, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Healthy Life Yoga Studio, LLC leased 1,495 SF at 13565 Midlothian Turnpike in Chesterfield County.  Michael Morris represented the Landlord.
  • Berger & Burrow Enterprises, LLC leased 3,750 SF at 2301 N. Parham Road in Henrico County.  Tucker Dowdy and Eric Hammond represented the Landlord.
  • Dawood Engineering, Inc. leased 1,500 SF at 2712 Enterprise Parkway in Henrico County.  Eric Hammond represented the Landlord.
  • Terry Carroll Enterprises, Inc. leased 196 SF at 9315 Pocahontas Trial in New Kent County.  Eric Hammond represented the Landlord.
  • NE Pennsylvania Center for Independent Living leased 2,127 SF at 11551 Nuckols Road in Henrico County.  Eliza Izard and Nash Warren 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.

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