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.

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Mechanicsville medical building sells for $2.1M

Posted on 5/15/2020 by Sydney Lake at Virginia Business

The Virginia Cancer Institute building in Hanover County’s Mechanicsville area has sold for $2.1 million, Glen Allen-based commercial real estate company Commonwealth Commercial Partners LLC announced Thursday.

Located at 7501 Right Fork Road, the 8,100-square-foot building is 100% occupied by the Virginia Cancer Institute, which has been there since 2012, according to CCP. The Virginia Cancer Institute has a total of seven locations in the Richmond region. 7501 Right Flank LLC purchased the property in a transaction that closed on May 7.

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Commonwealth Commercial Completed Malvern Hill Transaction

Richmond, VA – February 9, 2018 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transaction.

  • CRLC purchased 820 acres at 9720 Malvern Hill Lane in Henrico & Charles City for $6,562,500.  Bill Barnett 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, 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.