Commonwealth Commercial Announces Two Promotions

RICHMOND, VIRGINIA – January 19, 2022

Promotion – Molly Bates

Molly Bates, who is being promoted to First Vice President, has exemplified what it means to be Team First and Relationship Oriented.

Promotion – Middleton Smith

Middleton Smith is also moving into a First Vice President position following an incredibly active past 12 months.

Both Molly and Middleton will have the responsibility of furthering the growth of Commonwealth Commercial’s Asset Management group with existing and new customers.

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Commonwealth Commercial Partners Enters Atlanta Market with Huntcrest Offering

RICHMOND, VIRGINIA, USA, January 17, 2022 /EINPresswire.com/ — Commonwealth Commercial Partners (CCP), a leading commercial real estate firm headquartered in Richmond, Virginia, has secured the Asset Management and Property Management for Huntcrest, a modern master-planned office park in northeast Atlanta. CCP will handle asset and property management for two class A single-story buildings – Huntcrest A and Huntcrest B – in the unique office park.

The property was recently sold by Strategic Office Partners and purchased by The Runnymede Corporation (“Runnymede”), a family-owned commercial real estate investment, development and management company headquartered in Virginia Beach, Virginia. Samir Idris and Tim Thrall of Cushman Wakefield represented the seller and Towne Bank provided financing.

Huntcrest A is 70,821 square feet and Huntcrest B is 91,609 square feet for a total of 162,430 square feet that CCP will manage. Located at 1715 N. Brown Road in Lawrenceville, Georgia. The buildings are currently 100% leased to three high caliber technology-driven tenants – Sage Software, M3 Accounting Software and Synamedia.

Situated adjacent to I-85, Huntcrest is a premier office location in Atlanta’s Sugarloaf micro-market. The office park is surrounded by some of the most affluent suburban communities in Atlanta and is minutes away from a number of superior amenities for entertainment, dining, shopping, and sports.

“Huntcrest has had an exceptional performance history in the market and, as a result, offers a highly stable investment in one of Atlanta’s fastest-growing counties,” Middleton Smith, First Vice President with CCP’s asset management group. “We are thrilled to continue growing with our client Runnymede and to represent this highly desirable property in northeast Atlanta.”

Scott Holman, Managing Director with CCP added, “This offering gives CCP a solid footing in the Atlanta market, launching a presence that aligns with our firm’s growth strategy and goals for 2022 and the coming years.”

“The acquisition of this property is the culmination of a concerted initiative for Runnymede to expand our portfolio into several regions across the southeast, including Atlanta, Richmond, Raleigh, Charlotte, Nashville and northern Florida,” said Matt Fine, President of The Runnymede Corporation. “We are fortunate to have partnered with CCP, who already manages a significant number of properties in these markets.”

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

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Asset Management Announces New Accounts

March 12, 2021 – Richmond, VA – Thomas Hatcher, Managing Director of Asset Management, announced new asset management accounts. Our asset management services have been enlisted for a 10k RSF Virginia Cancer Institute building in Midlothian, VA, as well as FishHawk Medical Center, a 20k RSF, multi-tenant medical office center in Tampa, FL. Scott Holman’s team in Tampa, FL has been managing the FishHawk assets. Middleton Smith has been assigned as the Asset Management Account Manager.

 

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Growers Exchange will build greenhouse in Henrico County

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

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