BizSense The Pipeline: Commercial Real Estate for 1.7.22

Posted on 1/7/2022 – BizSense The Pipeline: Commercial real estate for 1.7.22

Commonwealth Commercial Partners reports the following deals:

Zachary Miller leased 1,572 square feet at 2819 N. Parham Road in Henrico. Eric Hammond and Michael Good represented the landlord.

Anthony & Sylvan Pools Corp. leased 6,600 square feet at 10408 Lakeridge Parkway in Hanover. Ben Bruni represented the tenant.

Vital Support Services leased 737 square feet at 12202 Gayton Road in Henrico. Nash Warren and Tucker Dowdy represented the landlord.

SR Westwood Avenue LLC purchased 129,800 square feet at 2031 Westwood Ave. in Richmond for $7.5 million from Westwood Development Group. Ben Bruni and Ryan Fanelli represented the buyer.

The Virginia Center for Policing Innovation leased 5,122 square feet at 413 Stuart Circle in Richmond. Eric Hammond and Michael Good represented the landlord.

David Moore leased 1,877 square feet at 127 Richmond Highway in Richmond. Ben Bruni represented the landlord.

Randolph Homes LLC purchased 0.191 acres at 6 S. 1st St. in Richmond for $550,000 from E.H.K. Associates. Eric Hammond and Thomas Lynde represented the seller.

 

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Eck family lists 158 properties in the Fan as it exits real estate market

Posted on 9/30/2021 by Mike Platania at Richmond BizSense

Decades after its late patriarch helped transform the Fan into what it is today, the Eck family is preparing to hand off its extensive portfolio in the neighborhood to a new owner.

The majority of Eck Enterprises’ portfolio of over 150 properties in the Fan is under contract to be sold. Many of the parcels, which include retail, multi-family residential and mixed-use buildings, line West Cary and Main streets near VCU’s Monroe Park campus.

The Eck family, through a spokesperson, said in a statement that they’ve decided to exit the real estate business and declined to comment further.

The offering hit the market earlier this month, with Commonwealth Commercial’s Kit Tyler and Nash Warren handling the listing. Tyler confirmed that over 90 percent of the Eck portfolio is under contract to an undisclosed buyer.

Continue reading the full article

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Commonwealth Commercial Completed Four Transactions this Week

Richmond, VA – March 19, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Brandon Cunningham, LP lased 2,233 SF at 725 W. Hundred Road in Chesterfield County.  Ben Bruni and David Williams represented the Landlord.
  • Shanco Companies, Inc. leased 2,922 SF at 11551 Nuckols Road in Henrico County.  Eric Hammond, Jamie Galanti and Russell Wyatt represented the Landlord.
  • The Eye Care Center of Virginia, LLC leased 5,657 SF at 2924 Emerywood Parkway in Henrico County.  Tucker “Nash” Warren and Jamie Galanti represented the Landlord.
  • JD Quality Pouches, LLC leased 3,000 SF at 16404 Jefferson Davis Highway in Chesterfield County.  Tucker “Nash” Warrant 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, 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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February Senior Associates Promotions

Richmond, VA – March 2, 2021 – Commonwealth Commercial Partners, LLC is pleased to announce Sales and Leasing Senior Associates Promotions

Congratulations to Eliza Izard, Nash Warren, Nate Krey & Colton Konvicka on their recent promotions to Senior Associates! Eliza and Nash have been huge contributors to the success of our office team for the last several years and Colton has been a rising star on our industrial team.  Nate has been an integral part of growing our Commonwealth Land division and is now relocating to our Virginia Beach office to work with Gresh Wall on expanding our brokerage platform. Congratulations to these individuals on their well-earned success!

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 Seven Transactions this Week

Richmond, VA – February 26, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Proactive Behavioral Services, Inc. leased 1,250 SF at 4915 Radford Avenue in Henrico County.  Eliza Izard and Tucker “Nash” Warren represented the Landlord.
  • Jennifer M. Fox, PC leased 967 SF at 10640 Charter Hill Court in Hanover County.  Eliza Izard and Russell Wyatt represented the Landlord.
  • RUFF Canine Club, LLC leased 800 SF at 1900 Ellen Road in the City of Richmond.  Ben Bruni represented the Tenant.
  • Blue Box Air, LLC leased 15,000 SF at 1800 W. Marshall Street in the City of Richmond.  Ben Bruni and Russell Wyatt represented the Landlord.
  • Wealthix LLC leased 715 SF at 2101 Parks Avenue in Virginia Beach.  Gresh Wall represented the Tenant.
  • Coasting, LLC purchased 22,000 SF on 3.7 acres at 2405 & 2409 Granite Ridge Road and 2362 Greystone Court in Goochland County from McConnell Properties, LLC for $3,050,000.  Ben Bruni represented the Seller.
  • Ashland Hitch, LLC purchased 12,128 SF on 1.737 acres at 12289 S. Washington Highway in Hanover County from Hammerco, LLC for $720,000.  Ben Bruni 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 Competed Five Transactions this Week

Richmond, VA – February 12, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Virginia Tent Rentals, Inc. leased 10,000 SF at 1150 Rose Hill Drive in Charlottesville.  Kit Tyler and Nash Warren represented the Landlord.
  • Waters Wealth Consultants, LLC leased 1,800 SF at 9 South 5th Street in the City of Richmond.  Ryan Fanelli and Tucker Dowdy represented the Tenant and Jamie Galanti represented the Landlord
  • Aanyae Dearing, Sheevah Amen and Jazlin Washington leased 640 SF at 10100 Iron Bridge Road in Chesterfield County.  Eric Hammond represented the Landlord.
  • Iteris leased 3,427 SF at 1019 Hull Street in the City of Richmond.  Tucker “Nash” Warren and Kit Tyler represented the Landlord.
  • JSC of Richmond leased 854 SF at 7921 W. Broad Street in Henrico County.  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, 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 Six Transactions this Week

Richmond, VA – January 22, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Murry and Kuhn Family & Cosmetic Dentistry leased 1,808 SF at 1210 Sycamore Square Drive in Chesterfield County.  Nash Warren represented the Tenant.
  • Mario’s Italian Restaurant and Pizza leased 2,540 SF at 9551 Kings Charter Drive in Hanover County.  Jim McVey and Michael Morris represented the Landlord.
  • Startup Chief, LLC leased 925 SF at 5935 Hopkins Road in Chesterfield County.  Eric Hammond represented the Landlord.
  • Heroes Moving & Storage LLC subleased 25,000 SF at 2001 Dabney Road in Henrico County.  Colton Konvicka and Chip Louthan represented the Sublandlord.
  • PMP, Inc. leased 7,513 SF at 7225 Bell Creek Road in Hanover County.  Jim McVey and Morgan Trible represented the Landlord.
  • Lisa Berman & Mitchell Rosenfeld leased 186 SF at 413-421 Stuart Circle 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, 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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Manchester may, at long last, be getting a grocery store

Posted on 11/30/2020 by Mike Platania at Richmond BizSense

With a planned high-rise apartment and commercial project as the lure, Manchester could finally get its chance to hook a neighborhood grocery store.

A new mixed-use development expected to stand 12-16 stories is in the works at 201 W. Commerce Road, on a roughly 1-acre plot owned by Brent Graves, a former owner of Taylor & Parrish Construction.

While still in the planning stages, the project would look to house 250 apartments and about 25,000 square feet of ground-floor commercial space.

For that commercial space, Graves said his group has been in discussions with a couple grocery store tenants, though nothing’s been finalized. If he is able to bag one, he said it’ll help guide the rest of the project’s design.

Continue reading the full article

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Commonwealth Commercial Completed Six Transactions this Week

Richmond, VA – October 16, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Critzer-Cardani, PC leased 3,050 SF at 12090 West Broad Street in Henrico County.  Nash Warren and Kit Tyler represented the Landlord.
  • Sunshine Cline, Inc. dba Rage RVA leased 5,245 SF at 2403 W. Main Street in the City of Richmond.  Ben Bruni and Russell Wyatt represent the Landlord.
  • Qui Thi Nguyen leased 900 SF at 13541 Midlothian Turnpike in Chesterfield County.  Michael Morris represented the Landlord.
  • American Freight, LLC leased 24,500 SF at 3316 Riverside Drive in Danville.  Carl Blackwell represented the Landlord.
  • The Bakery Studios, LLC purchased 12,042 SF at 1710 Altamont Avenue in the City of Richmond from Sound of Music Properties LLC for $1,175,000.  Ben Bruni and Carl Blackwell represented the Seller.
  • Starbucks Coffee Company leased 3,844 SF at 1309 Hershberger Road in Roanoke, VA. 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, 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 Eight Transactions this Week

Richmond, VA – October 9, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Virginia Press Services, Inc. leased 3,573 SF at 4860 Cox Road in Henrico County.  Jamie Galanti and Eliza Izard represented the Tenant.
  • Richmond Gastroenterology Associates, Inc. leased 4,500 SF at 8415 North Run Medical Drive in Hanover County.  Russell Wyatt represented the Landlord and Jamie Galanti and Eliza Izard represented the Tenant.
  • Kinetic Stills, LLC leased 677 SF at 1321 ½ East Main Street in the City of Richmond.  Eric Hammond represented the Landlord.
  • Consumer Safety Technology, LLC leased 1,800 SF at 6290 Old Warwick Road in the City of Richmond.  Ryan Fanelli and Colton Konvicka represented the Landlord.
  • Chandler Eye Care Specialists PC leased 2,902 SF at 8266 Atlee Road in Hanover County.  Tucker Dowdy represented the Tenant.
  • Specialty Vehicle Solutions, LLC leased 3,500 SF at 262 & 266 North Otterdale Road in Chesterfield County.  Tucker Warren represented the Landlord.
  • W.A. Martin Properties, LLC purchased 11,200 SF at 105 Sylvia Road in Hanover County from TMC Properties, LLC for $975,000.  Colton Konvicka and Nate Krey represented the Purchaser.
  • 1601 Overbrook Apartments, LLC purchased 61,000 SF on 3.525 acres at 1601 Overbrook Road in the City of Richmond from Hermitage Investment Group, LLC for $4,200,000.  Russell Wyatt and Ben Bruni represented the Seller and Ryan Fanelli represented the Purchaser.

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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