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Commonwealth Commercial Completed Four Transactions This Week

Posted on July 28, 2017

Richmond, VA – July 28, 2017 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

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 and Reading PA. 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

Posted on July 21, 2017

Richmond, VA – July 21, 2017 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

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 and Reading PA. 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

Posted on July 14, 2017

Richmond, VA – July 14, 2017 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

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 and Reading PA. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

Lingerfelt CommonWealth Acquires Office Tower in Houston, Texas

Posted on July 11, 2017

FOR IMMEDIATE RELEASE
July 6, 2017

Lingerfelt CommonWealth Acquires Office Tower in Houston, Texas

RICHMOND, Va. — July 6, 2017 — Lingerfelt CommonWealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, today announced the acquisition of 1700 West Loop – Burns & McDonnell Plaza located in Houston, Texas for $52 million.

1700 West Loop, located in the Galleria/Uptown submarket of Houston, is a 14 story, 272,941 square foot Class A office tower, including an adjacent 786 space parking garage. The tower is approximately 81% occupied and is anchored by the international engineering, architectural and consulting firm Burns and McDonnell. “Our company is excited to enter Houston at this time,” said Jay Kraft, LCP Senior Vice President in Richmond. “We have been tracking the market and believe the basic fundamentals are strengthening. We look forward to exploring other opportunities and expanding our presence.”
Lingerfelt CommonWealth will operate the tower via its vertically integrated operating platform. Commonwealth Commercial Partners, the Company’s property management affiliate, will handle all aspects of the day-to-day asset and property management. Avison Young will handle the leasing and marketing.

More on the company can be found on the web at www.LingerfeltCommonWealth.com.

About Lingerfelt CommonWealth Partners
Lingerfelt CommonWealth Partners, headquartered in Richmond, VA, is a vertically integrated, full service real estate investment management firm with additional offices in Charlotte, NC, Greensboro, NC, Greenville, SC, Hampton Roads, VA, Jacksonville, FL, Nashville TN, Raleigh, NC, Reading, PA, and Tampa, FL. Together with its predecessors in the private sector and public REIT sector, its partners have built, acquired and managed nearly 20 million square feet of commercial real estate valued at approximately $2 billion across the Mid-Atlantic and Southeast. Learn more at www.lingerfeltcommonwealth.com

Commonwealth Commercial Promotes Alex Crouch as Managing Director of its North and South Carolina Operations

Posted on June 20, 2017

FOR IMMEDIATE RELEASE
June 19, 2017

Commonwealth Commercial Promotes Alex Crouch as Managing Director of its North and South Carolina Operations

RICHMOND, Va. — June 19, 2017Commonwealth Commercial Partners, LLC, a leading full-service commercial real estate firm, has promoted Alex C. Crouch to a new position overseeing
the company’s business interests in Charlotte, Greensboro, Raleigh/Durham, NC, and Greenville, SC.

Crouch has relocated to Charlotte to serve as Managing Director of the North and South Carolina offices. He will be responsible for oversight of the operations of the company’s current property portfolio, as well as the long-term planning and growth in the markets in the Carolinas.

Crouch joined Commonwealth Commercial in 2007, most recently serving in a senior role in the Richmond office. He received his Bachelor of Arts in Political Science from Hampden-Sydney College and holds a State of Virginia Real Estate License.

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 and Reading PA. The company provides demonstrated expertise in the areas of leasing,
purchasing, selling, developing, consulting, property management and asset management services. For more information, please visit
www.commonwealthcommercial.com.

Commonwealth Commercial Completed Two Transactions This Week

Posted on June 16, 2017

Richmond, VA – June 16, 2017 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

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 and Reading PA. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

Analyzing Timber Markets and Wood Baskets for Procurement and Investment Applications

Posted on June 14, 2017

Posted on 6/8/2017 by Brooks Mendell on Forisk Consulting

A successful timber market analysis answers two questions. One, what are the “facts on the ground” for this market or wood basket? This helps profile the market with respect to forest supplies and wood demand. The timber suppliers and wood-using mills are both there and open for business, or they are not, so let’s figure this out. Two, what “matters”, and what does not, in this timber market or wood basket? We answer the first question, about the physical profile related to forest supplies and wood demand, in order to address the second related to timber prices, business strategy and forecasts.

Through answering these two questions in a systematic and repeatable way, we can identify the key variables across markets that let us:

  • Understand historic relationships between prices and flows;
  • Assess future impacts as changes occur in policies, supplies or mill investments; and
  • Make timberland and mill investment decisions based on relationships as we interpret them.

This approach builds on three fundamentals.

Continue reading the full article

Commonwealth Commercial Completed Four Transactions This Week

Posted on June 9, 2017

Richmond, VA – June 9, 2017 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

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 and Reading PA. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

Growers Exchange will build greenhouse in Henrico County

Posted on June 7, 2017

Posted on 6/1/2017 by VirginiaBusiness.com

A Richmond-area online seller of herbs is building a greenhouse in eastern Henrico County.

The Growers Exchange, which currently has operations on a 600-acre farm in Charles City County, has purchased land and soon will start construction on four acres at Tech Park Place in Varina, according to Commonwealth Commercial Real Estate, which helped broker the deal.

The Henrico-based real estate firm said access to transportation, workforce and Internet providers all played a role in the company’s decision on a location.

Continue reading the full article

Commonwealth Commercial Completed Five Transactions This Week

Posted on June 2, 2017

Richmond, VA – June 2, 2017 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

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 and Reading PA. The company provides demonstrated expertise in the areas of leasing, purchasing, selling, developing, consulting, property management and asset management services.

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