Seminole Trail Named 2023 Sale/Acquisition CoStar Impact Award Winner

RICHMOND, VA, UNITED STATES, April 5, 2023/EINPresswire.com/ — Commonwealth Commercial Partners, LLC (CCP), a leading commercial real estate firm headquartered in Richmond, Va., was awarded the 2023 Sale/Acquisition CoStar Impact Award for their work on the Seminole Trail deal. Craige Pelouze, of CCP, brokered the sale. Winners—chosen for their growth, diversification, and ability to overcome unique challenges in their particular markets—were selected from a panel of more than 750 industry professionals drawn from each respective market.

In addition to brokering the sale with Seminole Trail Management, CCP will also handle the leasing services for the 11 properties located in three of Richmond’s premier submarkets: Innsbrook, Glenside/Broad, and Short Pump Town Center. CCP has also retained property management for the portfolio.

Featuring a variety of architectural styles, the Class A office buildings in Henrico County total approximately 726,000 square feet in locations that are home to more than 100 tenants that range from small family offices to Fortune 500 companies. Large notable tenants include Northwestern Mutual, Scott Insurance, Patient First, and Suez North America.

“This is an important assignment for us and we look forward to enhancing our partnership with Seminole Trail,” said Mark Claud, CEO of Commonwealth Commercial. “We are fortunate to have this longstanding relationship with them through our property management team and are excited to have the opportunity for our leasing team to reposition these premier assets in the marketplace.”

CCP’s leasing team for this portfolio of properties includes Senior Vice President and Partner, Russell Wyatt, First Vice President, Eric Hammond and Senior Associate, Eliza Izard. To learn more about the CoStar Impact Awards and review the full list of winners, visit www.costarimpactawards.com/.

2023 Costar Impact Awards

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CCP Awarded 11 Premier Class A Property Portfolio in Innsbrook

RICHMOND, VA, USA, January 10, 2023 /EINPresswire.com/ — Commonwealth Commercial Partners, LLC (CCP), a leading commercial real estate firm headquartered in Richmond, Va., has been selected by Charlottesville, Virginia-based Seminole Trail Management, to exclusively handle the leasing services for 11 properties located in three of Richmond’s premier submarkets: Innsbrook, Glenside/Broad and Short Pump Town Center. CCP has also retained property management for the portfolio.

Featuring a variety of architectural styles, the Class A office buildings in Henrico County total approximately 726,000 square feet in the locations that are home to more than 100 tenants that range from small family offices to Fortune 500 companies. Large notable tenants include Northwestern Mutual, Scott Insurance, Patient First and Suez North America.

CCP’s leasing team for this portfolio of properties includes Russell Wyatt, Senior Vice President and Partner; Eric Hammond, First Vice President; and Eliza Izard, Senior Associate.

“This is an important assignment for us and we look forward to enhancing our partnership with Seminole Trail,” said Mark Claud, CEO of Commonwealth Commercial. “We are fortunate to have this longstanding relationship with them through our property management team and we are excited to have the opportunity for our leasing team to reposition these premier assets in the marketplace.”

Locations and addresses are listed below:

• 200 Westgate Parkway – Westgate II – 60,226 sq. ft.
• 3900 Westerre Parkway – Westerre III – 76,128 sq.ft.
• 3901 Westerre Parkway – Westerre IV – 78,120 sq.ft.
• 7130 Glen Forest Avenue – 80,323 sq.ft.
• 4121 Cox Road – Innsbrook Commons – 60,169 sq.ft.
• 4198 Cox Road – The Commonwealth Building – 44,089 sq.ft.
• 4510 Cox Road – Rowe Plaza – 72,655 sq.ft.
• 4801 Cox Road – Liberty Plaza – 80,397 sq.ft.
• 4880 Cox Road – Suez Building – 58,726 sq.ft.
• 5000 Cox Road – Technology Pointe I – 58,367 sq.ft.
• 5500 Cox Road – Technology Pointe II – 53,896 sq.ft.

“We are excited to work with the ownership and existing tenants in the portfolio to identify new opportunities and to strengthen the tenant base for these assets,” shared Eliza Izard.

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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Miles for May

June 10, 2022 – Commonwealth Commercial Partners was proud to support the Cystic Fibrosis Foundation of Virginia – Miles for May cycling challenge. The CCP team, which included, Tucker DowdyScott KeetonRussell Wyatt Claud, Jamie Thomas, and Ben Bruni, rode 730 miles during the month of May! Shout out to Jamie Thomas, who led the charge with 250 miles!

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Commonwealth Commercial Partners, LLC Celebrates 25 Years of Growth

Richmond, VA – May 26, 2021 – Commonwealth Commercial Partners, LLC Celebrates 25 Years of Growth

Founded 25 years ago on May 26, 1996, Richmond-based Commonwealth Commercial Partners (CCP) has grown into an industry-leading commercial real estate firm with 15 offices active in 11 states. A number of initiatives are planned to celebrate the company’s milestone anniversary throughout 2021.

CCP began as Property One Realty, Inc., an apropos name for a business where one team would handle leasing, property management and, eventually, many more commercial real estate services under one roof. Within six months, the newly-formed firm was off and running when founder Mark W. Claud hired an agent and several staff members to join the team. The company changed its name to Commonwealth Commercial Partners in 2001.

Other significant dates on the company’s 25-year timeline include 2012, when Lingerfelt Companies and Commonwealth Commercial jointly created a new investment management subsidiary, Lingerfelt Commonwealth Partners, and launched its first real estate fund. In 2016, Ken Strickler was named President of CCP and Claud continues to serve as Chief Executive Officer.

“One of the greatest strengths of Commonwealth Commercial is our people and we’ve come a long way since 1996,” said Claud. “We now have over 430 employees within 12 service lines under our corporate umbrella. It’s incredible to see how much the company has grown and I look forward to what the future holds as we celebrate the 25th anniversary with our CCP family.”

Recently, CCP made strategic advances in its vision for the 2020s and beyond in the Richmond and Hampton Roads regions through new hires and promotions in the firm’s asset management and property management areas as well as building the brokerage division in Hampton Roads.

“We manage over 155 properties in the 11 states where we operate, totaling more than 15 million square feet of real estate and 1,431 hotel rooms under management,” said Ken Strickler. “CCP is well-positioned for the next level of growth in all of our platforms throughout our footprint over the Eastern half of the United States.”

For more information about Commonwealth Commercial Partners, LLC, visit commonwealthcommercial.com.

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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 Ten Transactions this Week

Richmond, VA – July 1, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Crystal Alvis leased 700 SF at 6500 Harbor View Court in Chesterfield County.  Eric Hammond represented the Landlord.
  • Douglas S. Belt, DDS leased 1,013 SF at 5700 Old Richmond Avenue in Henrico County.  Tucker Dowdy and Mark Claud represented the Landlord.
  • Spectra Services, Inc. leased 9,000 SF at 12662 Bermuda Triangle Road in Chesterfield County.  Ben Bruni and David Williams represented the Landlord.
  • Designer Services, LLC leased 25,000 SF at 5611 Pride Road in the City of Richmond.  Ben Bruni and Colton Konvicka represented the Landlord.
  • AG Essence leased 6,600 SF at 5350 Lewis Road in Henrico County.  Ben Bruni and Russell Wyatt represented the Tenant.
  • The Sygma Network, Inc. leased 1,500 SF at 1503 Fauver Avenue in Henrico County.  Ben Bruni and Colton Konvicka represented the Landlord.
  • Buffalo Distro Inc. leased 15,384 SF at 4444 Sarellen Road in Henrico County.  Eric Hammond represented the Tenant.
  • Fiber Technologies Solutions, LLC subleased 6,000 SF at 2401 Road in Charles City County.  Ben Bruni represented the Sublandlord.
  • Megawash, LLC purchased 9.44 acres on US Route 1 in Hanover County from Pence Holdings, Inc. for $700,000.  Ben Bruni and Ryan Fanelli represented the Purchaser.
  • Bermuda Energy, LLC purchased 16.35 acres at 201 Bermuda Road in the City of Richmond from Tredegar Asset Management, LLC for $200,000.  Ryan Fanelli and Nate Krey 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.

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Commonwealth Commercial Completed Five Transactions this Week

Richmond, VA – May 15, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Elite Chimney Services DBA Cougots leased 3,450 SF at 6290 Old Warwick Road in the City of Richmond.  Ryan Fanelli and Colton Konvicka represented the Landlord.
  • AT HOME Care Staffing leased 1,145 SF at 5700 Old Richmond Avenue in Henrico County.  Tucker Dowdy and Mark Claud represented the Landlord.
  • Restaurant Technologies, Inc. leased 12,850 SF at 5600-5602 Charles City Circle in Henrico County.  David Williams represented the Tenant.
  • Lonesome Dove Bell Creek, LLC purchased 8,100 SF office condo at 7501 Right Flank Road in Hanover County from 7501 Right Flank, LLC for $2,100,000.  Russell Wyatt and Tucker Dowdy represented the Seller.
  • Stosch, Dacey & George PC leased 1,042 SF at 7113 Three Chopt Road in Henrico County.  Fred Plaisted 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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Commonwealth Commercial Recently Completed Twelve Transactions

Richmond, VA – October 18, 2019 – Commonwealth Commercial Partners, LLC is pleased to report recently completed transactions.

  • Carlis Ventures, LLC purchased a 3,400 SF office condo at 2620 Gaskins Road in Henrico County from Railey Hill Associates, LLC for $815,000.  Tucker Dowdy and Russell Wyatt represented the Seller.
  • Riverhaus Richmond VA LLC purchased 2.2 acres on Stonewall Avenue in the City of Richmond from NR Manchester for $1,900,000.  Ryan Fanelli and Sam Worley represented the Seller.
  • Four Rivers Wealth Management leased 1,742 SF at 14360 Sommerville Court in Chesterfield County.  Tucker Dowdy represented the Landlord.
  • Select Recovery Agents, Inc. leased 6,000 SF at 12270 Maple Street in Ashland.  Chip Louthan represented the Landlord.
  • Harris Williams Dental Lab, Inc. leased 1,235 SF at 5700 Old Richmond Avenue in Henrico County.  Tucker Dowdy and Mark Claud represented the Landlord.
  • LPH, LLC leased 10,992 SF at 3101 Northside Avenue in Henrico County.  Ben Bruni and Russell Wyatt represented the Landlord.
  • Humble Haven Yoga, LLC leased 1,780 SF at 6980 Forest Avenue in Henrico County.  Michael Morris represented the Tenant.
  • Managed Health Care Associates, Inc. leased 4,378 SF at 7400 Beaufont Springs Drive in Chesterfield County.  Jamie Galanti, Russell Wyatt and Eliza Izard represented the Landlord.
  • Subway Real Estate, LLC leased 1,844 SF at 3238 Riverside Drive in Danville.  Carl Blackwell represented the Landlord.
  • Duncan Parnell, Inc. leased 3,019 SF at 305 Ashcake Road in Hanover County.  Fred Plaisted represented the Tenant.
  • Building Services Group leased 34,000 SF at 5123 Glen Alden Drive in Henrico County.  Ben Bruni and Russell Wyatt represented the Landlord.
  • Elite Metro Corp. renewed its 1,175 SF lease at 616 Hull Street in the City of Richmond.  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, 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.

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Commonwealth Commercial Completed Six Transactions This Week

Richmond, VA – June 7, 2019 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Paige O’Brien Consulting, LLC & Troy Henshaw Counseling, LLC leased 767 SF at Libbie Medical Center, 5700 Old Richmond Avenue in Henrico County. Tucker Dowdy and Mark Claud represented the Landlord.
  • Tiffany Snidow Barribeau, PLC, LLC & Pamela Douglas, MSN, APRN, BC, LLC leased 1,787 SF at 6722 Patterson Avenue in the City of Richmond. Tucker Dowdy represented the Tenant.
  • Petal Card, Inc. leased 9,024 SF at 9711 Farrar Court in Chesterfield County. Ben Bruni and Evan Ocheltree represented the Tenant.
  • The Mawyer Real Estate Group leased 1,338 SF at 11551 Nuckols Road in Henrico County. Nash Warren and Eliza Izard represented the Landlord.
  • Kristen Michelle Lilly leased 1,200 SF at First Street Station, 801 N. First Street in Albemarle County. Carl Blackwell and Campbell Henkel represented the Landlord.
  • Gambit, LLC purchased 10,922 SF at 3101 Northside Avenue in Henrico County from Robert Latham for $700,000. 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, Greensboro NC, Charlotte NC, Raleigh/Durham NC, Greenville SC, Charleston SC, Reading PA, Kansas City MO 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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Harrison & Bates sextet, including CEO, headed for Commonwealth Commercial

Posted on 4/24/2019 by Michael Schwartz at Richmond Bizsense

Another group of brokers from Harrison & Bates, the local commercial real estate firm that is winding down its operations, has found a safe place to land.

CEO David Williams, along with Steve Gentil, Kit Tyler, Bruce Milam, Chip Louthan and Colton Konvicka, are joining Commonwealth Commercial.

Commonwealth Commercial CEO Mark Claud on Wednesday announced the moves at the company’s annual real estate forum, held at the Westin Richmond at Reynolds Crossing.

They’ll start with Commonwealth Commercial on June 1, working out of the firm’s office in Innsbrook.

That leaves about a half-dozen or so remaining brokers from Harrison & Bates on their own to find a new brokerage to call home after the firm announced this month it would cease operations largely as of May 31.

Continue reading the full article

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