Commonwealth Commercial Completed Seven Transactions this Week

Richmond, VA – August 7, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Achilles Foot and Ankle Center, Inc. leased 3,500 SF at 7493 Right Flank Road in Hanover County.  Tucker Dowdy represented the Tenant and Russell Wyatt represented the Landlord.
  • Addus Healthcare, Inc. leased 2,500 SF at 1924 Tappahannock Boulevard in Essex County.  Eric Hammond represented the Tenant.
  • Speech-Language Connection, LLC leased 950 SF at 6740 Forest Hill Avenue in the City of Richmond.  Eric Hammond and Tucker Dowdy represented the Landlord.
  • Japanese Classics, LLC purchased 41,554 SF on 2.77 acres at 2602 Deepwater Terminal Road in the City of Richmond from DT 2017, LLC for $2,138,000.  Ben Bruni and Russell Wyatt represented the Seller.
  • Capital Area Health Network purchased 1.5 acres at 101 Cowardin Avenue in the City of Richmond from Laburnum Properties, Inc. for $775,000.  Kit Tyler represented the Purchaser.
  • Capital Area Health Network purchased 36,983 SF at 101 Cowardin Avenue in the City of Richmond from Manchester Realty, LC for $1,975,000.  Kit Tyler represented the Seller.
  • Jad J. Babik purchased 5.7 acres at 3717 Mountain Road in Henrico County from Heritage Properties R.E., LLC for $370,000.  Sam Worley and Ryan Fanelli 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, 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.

N.C.-based developer closes second deal in Richmond this year

Posted on 8/3/2020 by Mike Platania at Richmond Bizsense

Upon acquiring its first property in Richmond earlier this year, North Carolina-based real estate development firm Hem + Spire said it had more deals in mind in the city.

It made good on that statement this week by purchasing 1300 Semmes Ave. in Manchester for $3.7 million, city property records show. The deal closed Wednesday.

The roughly 20,000-square-foot office property joins the Branch Building at 1015 E. Main St. downtown in Hem + Spire’s Richmond portfolio. It paid $1.4 million for that first property in January.

Continue reading the full article

Commonwealth Commercial Completed Ten Transactions this Week

Richmond, VA – July 10, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Family Priority, LLC leased 1,543 SF at 9201 Arboretum Parkway in Chesterfield County.  Russell Wyatt, Jamie Galanti and Eliza Izard represented the Landlord.
  • Compass CPAs of Virginia, LLC leased 3,353 SF at 9201 Arboretum Parkway in Chesterfield County.  Russell Wyatt, Jamie Galanti and Eliza Izard represented the Landlord.
  • Richmond Gastroenterology Associates leased 6,929 SF at 223 Wadsworth Drive in Chesterfield County.  Jamie Galanti and Eliza Izard represented the Tenant.
  • Hopetree Family Services leased 5,900 SF at 1030 Old Bon Air Road in Chesterfield County.  Jamie Galanti and Nash Warren represented the Tenant.
  • Creative Approach leased 2,140 SF at 2819 N. Parham Road in Henrico County.  Eric Hammond and Thomas Lynde represented the Landlord.
  • Kenneth C. Pankey leased 350 SF at 2819 N. Parham Road in Henrico County.  Eric Hammond and Thomas Lynde represented the Landlord.
  • Neurosurgical Associates, P.C. leased 1,785 SF at 8405 North Run Medical in Hanover County.  Russell Wyatt and Eliza Izard represented the Landlord.
  • New Nails & Spa leased 1,400 SF at 1632 Tappahannock Boulevard in Essex County.  Jim McVey represented the Landlord.
  • Central Virginia Dental Care, PLC leased 3,183 SF at 5921 Harbour Lane in Chesterfield County.  Tucker Dowdy represented the Tenant.
  • Acorn Sign & Graphics, Inc. leased 8,470 SF at 10334 Battlefield Parkway in Prince William County.  Russell Wyatt and Ben Bruni 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.

Commonwealth Commercial Completed Four Transactions this Week

Richmond, VA – April 17, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • W.V. McClure, Inc. purchased 20 acres at 11300 Ironbridge Road in Chesterfield County from Riley Lowe for $1,100,000.  Chris Jenkins and Randy Cosby represented the Seller.
  • Richmond Times Dispatch renewed 10,000 SF at Ruffin Mill Center, 16067-16071 Continental Boulevard in Chesterfield County.  Ben Bruni and Colton Konvicki represented the Landlord.
  • MasTec North America, Inc. leased 19,156 SF at 2400 Maury Street in the City of Richmond.  Ben Bruni and Colton Konvicki represented the Tenant.
  • Riverside Counseling and Consulting, LLC leased 924 SF at 4 South 1st Street in the City of Richmond.  Eric Hammond and Thomas Lynde 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, 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.

SIGNAL HILL APARTMENTS SELLS FOR $7.6 MILLION

Richmond, VA – Commonwealth Commercial Partners, LLC is pleased to have facilitated the sale of the 68-unit Signal Hill Apartments and 1-residential house located at 8111 Signal Hill Road in Mechanicsville, VA. The property was deemed attractive because of its solid construction, excellent hands-on management and the dearth of multifamily product available in Hanover County. The residence/office is an up-to-date four-bedroom, three full bath house which will be a rental, with a separate management office to be used by the new ownership.

The property was placed on the market in the Fall of 2019 and the purchaser, an affiliate of Peak Strategic Capital from Washington, D.C., was selected competitively from a number of qualified prospects hailing as far away as California and New York. The new buyer bought the apartments with Freddy Mac financing.

Bruce Milam, Chip Louthan, and Colton Konvicka of Commonwealth Commercial represented the Seller. This property closed on March 26th, 2020 and sold for $7.6 million.

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, Kansas City MO, St. Louis MO, Minneapolis MN, Columbus OH, and Houston TX. 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.

Commonwealth Commercial Completed Three Transactions this Week

Richmond, VA – March 6, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Hilb and Partners, LLC leased 1,800 SF at 11201 Patterson Avenue in Henrico County.  Tucker Dowdy and Ryan Fanelli represented the Landlord and Russell Wyatt represented the Tenant.
  • Manakin Investments, LLC purchased 1.027 acres at 10420 Ridgefield Parkway in Henrico County from Richfield Outparcels, LLC for $440,000.  Ben Bruni represented the Purchaser.
  • Kidd and Co., Inc. purchased 76.15 acres at 12174 Washington Highway in Hanover County from Barnes Family, LLC for $1,200,000.  Chris Jenkins, Randy Cosby, Ben Bruni 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, 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.

Commonwealth Commercial Completed Four Transactions this Week

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

  • Leaf Spring, LLC leased 4,881 SF at 4551 Cox Road in Henrico County.  Jamie Galanti represented the Tenant.
  • Aligned Clinical Educational Services leased 766 SF at 8100 Three Chopt Road in Henrico County.  Eric Hammond represented the Tenant.
  • KAP, Inc. dba Party Perfect leased 26,466 SF at 2400 Magnolia Court in the City of Richmond.  Ben Bruni and Russell Wyatt represented the Landlord.  Carl Blackwell represented the Tenant.
  • Maven Made, LLC leased 540 SF at 1321 ½ East Main Street in the City of Richmond.  Eric Hammond 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, 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.

Commonwealth Commercial Completed Five Transactions this Week

Richmond, VA – December 13, 2019 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Sugar & Hive leased 2,200 SF at 320 Libbie Avenue in the City of Richmond.  Jim McVey represented the Landlord.
  • Edward Jones & Co. leased 900 SF at 6740 Forest Hill Avenue in the City of Richmond.  Fred Plaisted represented the Landlord.
  • Buffalo Distro, Inc. leased 8,962 SF at 319 Business Lane in Hanover County.  Eric Hammond represented the Tenant.
  • Northern Neck Realtors, LLC leased 612 SF at 411 Libbie Avenue in the City of Richmond.  Jim McVey represented the Tenant.
  • Petro Supply, Inc. purchased 15,000 SF on 2 acres on 5223 Klockner Drive in Henrico County from Henry’s Creek Associates for $1,125,000.  Ben Bruni 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, Charleston SC, Reading PA, 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.

Commonwealth Commercial Completed Two Transactions This Week

Richmond, VA – November 8, 2019 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Woodforest National Bank renewed its 1,431 SF lease at 1100 Boulders Parkway in Chesterfield County.  Jamie Galanti, Russell Wyatt and Eliza Izard represented the Landlord.
  • Edward D. Jones Co., L.P. leased 1,129 SF at 3150 West Cary Street in the City of Richmond.  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, Charleston SC, Reading PA, 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.

Commonwealth Commercial Completed Three Transactions this Week

Richmond, VA – October 25, 2019 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Degollado, LLC leased 4,420 SF at 13561 Midlothian Turnpike in Chesterfield County.  Michael Morris represented the Landlord.
  • Summit Human Capital leased 2,211 SF at 2201 W. Broad Street in the City of Richmond.  Colton Konvicka represented the Tenant.
  • Embellish Hair Studio, LLC leased 1,020 SF at 13547 Midlothian Turnpike in Chesterfield County.  Michael Morris 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, Charleston SC, Reading PA, 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.