Commonwealth Commercial Completed Five Transactions this Week

Richmond, VA – October 30, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • James River Grounds Management, LLC leased 8,250 SF at 11008 Washington Highway in Hanover County. Chip Louthan and Sam Worley represented the Landlord.
  • JJG Construction LLC leased 800 SF at 2714-B Enterprise Parkway in Henrico County. Eric Hammond represented the Landlord.
  • Mechanical Source Solutions LLC leased 2,700 SF at 3907 Deep Rock Road in Henrico County. Tucker Dowdy and Jim McVey represented the Landlord.
  • First Title & Escrow, Inc. leased 2,555 SF at 1 Park West Circle in Chesterfield County. Tucker Dowdy and Jamie Galanti represented the Landlord.
  • Marcelle Cox leased 800 SF at 1321 ½ E. Main Street 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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Commonwealth Commercial Completed Eight Transactions this Week

Richmond, VA – August 28, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • VenGott, LC leased 2,782 SF at 1100 Boulders Parkway in Chesterfield County.  Russell Wyatt, Jamie Galanti and Eliza Izard represented the Landlord.
  • Kraft Heinz Foods Group leased 5,567 SF at 16021 and 16023 Continental Boulevard in Chesterfield County.  Ben Bruni and Colton Konvicka represented the Landlord.
  • Invested Transition, LLC leased 3,300 SF at 4204-A Eubank Road in Henrico County.  Tucker Warren represented the Tenant.
  • N&B Ventures, LLC leased 2,000 SF at 135 Hill Carter Parkway in Hanover County.  Morgan Trible represented the Landlord.
  • CWR Property, LLC purchased 23.41 acres at 1600 Ashton Park Drive, Ashton Creek Business Center in Chesterfield County from Carrie E. Coyner, Successor Trustee for $750,000.  Colton Konvicka and David Williams represented the Seller.
  • Austin Woods Apartments, LLC purchased 13 acres at 6767 Iron Bridge Road in Chesterfield County from Austin Woods Development Co. for $4,025,000.  Sam Worley, Craige Pelouze and Ryan Fanelli represented the Seller.
  • Kilmarnock Tobacco & Vape, LLC leased 1,600 SF at 130 Old Fair Grounds Way in Lancaster County.  Morgan Trible represented the Landlord.
  • Quik Fuel, Inc. purchased 1.52 acres on Market Drive in Emporia, VA from Chambliss Properties, LLC for $500,000.  Ryan Fanelli and Hank Campbell 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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Apartments developer buys 13 acres in Chesterfield for $4M+

Posted on 8/24/2020 by Sydney Lake at Virginia Business

An apartment complex developer has purchased a 13-acre site in Chesterfield County for $4.025 million, Commonwealth Commercial Partners LLC announced Friday.

Located at 6767 Iron Bridge Road, the complex will include 230 apartment units, a clubhouse and a pool. Austin Woods Development Co. sold the property to Waverton Development Inc. in a transaction that closed on Aug. 20.

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Developer pays $4.025 million for land in Chesterfield with plans to build 230 apartments

Posted on 8/21/2020 by Sean Gorman at Richmond Times-Dispatch

A developer has bought 13 acres on Iron Bridge Road in Chesterfield County with plans to build 230 apartments.

Waverton Development Inc. bought the land at 6767 Iron Bridge Road for $4.025 million, according to Commonwealth Commercial Partners LLC, which represented the seller . The sale was completed Thursday.

Construction is underway on the apartment complex, a clubhouse and a pool. The first residents are expected to move in during the second quarter of 2021, Commonwealth Commercial Partners said.

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230-Unit Apartment Complex Slated For 6767 Iron Bridge Road

Richmond, VA – Commonwealth Commercial Partners, LLC is pleased to have facilitated the 13± acre sale at 6767 Iron Bridge Road located in Chesterfield County, VA. Sam Worley, Ryan Fanelli & Craige Pelouze of Commonwealth Commercial represented the Seller, Austin Woods Development Co. The purchaser was Waverton Development Inc. This transaction closed on August 20, 2020 for $4,025,000.

Commonwealth Commercial placed the property under contract in March 2019, and the seller obtained zoning so the buyer could construct 230 apartment units, a clubhouse with pool and related accessory uses. Financing for the development was obtained through VHDA with Keith Wells at Northmarq Capital acting as the mortgage broker. Construction has begun and preleasing will begin early 2021, with first move-ins in the second quarter of 2021.

This same buyer purchased land in Watermark, across the street from this site in 2010. They developed the Meridian at Watermark, a 300-unit Class A investment community. The Austin Woods site will be a continuation of their success at Watermark.

This apartment complex at 6767 Iron Bridge Rd will be complemented by the 207-unit townhome community that will be built by Ryan Homes on the 58± acres surrounding the property. Additionally, there is a 4.5± acre commercial out parcel available that fronts Iron Bridge Road.

 

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, Kansas City MO, St. Louis MO, Minneapolis MN, Columbus OH, 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 – August 7, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Achilles Foot and Ankle Center, Inc. leased 3,500 SF at 7493 Right Flank Road in Hanover County.  Tucker Dowdy represented the Tenant and Russell Wyatt represented the Landlord.
  • Addus Healthcare, Inc. leased 2,500 SF at 1924 Tappahannock Boulevard in Essex County.  Eric Hammond represented the Tenant.
  • Speech-Language Connection, LLC leased 950 SF at 6740 Forest Hill Avenue in the City of Richmond.  Eric Hammond and Tucker Dowdy represented the Landlord.
  • Japanese Classics, LLC purchased 41,554 SF on 2.77 acres at 2602 Deepwater Terminal Road in the City of Richmond from DT 2017, LLC for $2,138,000.  Ben Bruni and Russell Wyatt represented the Seller.
  • Capital Area Health Network purchased 1.5 acres at 101 Cowardin Avenue in the City of Richmond from Laburnum Properties, Inc. for $775,000.  Kit Tyler represented the Purchaser.
  • Capital Area Health Network purchased 36,983 SF at 101 Cowardin Avenue in the City of Richmond from Manchester Realty, LC for $1,975,000.  Kit Tyler represented the Seller.
  • Jad J. Babik purchased 5.7 acres at 3717 Mountain Road in Henrico County from Heritage Properties R.E., LLC for $370,000.  Sam Worley 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, 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 Four Transactions this Week

Richmond, VA – July 31, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Chadwick & Sons Orchids, Inc. leased 800 SF at 1125 Gaskins Road in Henrico County.  Michael Morris represented the Tenant.
  • Tobacco Hut and Vape Village, Inc. leased 2,632 SF at 406 E. Main Street in Louisa County.  Morgan Trible represented the Landlord.
  • Ft. Darling Partners, LLC purchased 4.519 +/- acres at 1911 Bellwood Road in Chesterfield County from Chesterfield Landco, LLC for $233,900.  David Williams and Ben Bruni represented the Purchaser.
  • Bickerstaff Cross VA LLC purchased 5.069 acres on Bickerstaff Road in Henrico County from Dennis F. Harrup III for $225,000.  Sam Worley 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, 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 – July 24, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Tamarosa, LLC purchased 24.671 acres at 1366 and 1406 Broad Street Road in Goochland County from Belham, LLC for $1,040,800. Ben Bruni represented the Purchaser and Sam Worley and Ryan Fanelli represented the Seller.
  • Neverett Eggleston and Sugar’s Crab Shack, LLC leased 5,500 SF at 1800 W. Marshall Street in the City of Richmond.  Ben Bruni and Russell Wyatt represented the Landlord.
  • Fuji Sushi, LLC leased 2,040 SF at 13555 Midlothian Turnpike in Chesterfield County.  Michael Morris represented the Landlord.
  • Day Makers Salon, LLC leased 965 SF at 8801 Three Chopt Road in Henrico County.  Michael Morris and John Thompson represented the Landlord.
  • Dr. Thomas A. Conner, DDS leased 2,024 SF at 9401 Courthouse Road in Chesterfield County. Tucker Dowdy and Jamie Galanti 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, 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 Five Transactions this Week

Richmond, VA – September 27, 2019 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • QCS Acquisitions Corporation leased 6,000 SF at 2409 Granite Ridge Road in Goochland County.  Ben Bruni represented the Landlord.
  • InMotion Physical Therapy, LLC leased 3,049 SF at 3001 Hungary Springs Road in Henrico County.  Fred Plaisted represented the Tenant.
  • Keysville Property Investment, LLC leased 8,000 SF at 3520 Roxbury Drive in Charles City County.  Ben Bruni represented the Tenant.
  • TDZ Properties, LLC purchased 1.9 acres at 2001 Anniston Street in the City of Richmond for $220,000 from Anniston Apartments, LLC  Ryan Fanelli and Sam Worley represented the Seller.
  • Brook Villas, LLC purchased 6 acres at 8000 Brook Road in Henrico County from St. Josephs Villa for $410,000.  Ryan Fanelli and Sam Worley 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, 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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