$4M deal secures final parcel for Carver Square condos development

Posted on 11/12/2020 by Jonathan Spiers at Richmond BizSense

Less than a week after spending $10 million for a 23-acre site near Short Pump, a prolific area builder put down nearly half that amount for roughly 2 acres in the city — putting the final piece of its next Richmond development in place.

Stanley Martin Homes has finalized its purchase of about 2¼ acres at 1480 and 1500 W. Moore St., where it plans to build the bulk of its recently approved Carver Square condominiums. The Reston-based builder paid $4 million in a deal that closed Nov. 4, according to an announcement from Divaris Real Estate.

Divaris agents Read Goode and Cheryle Toy represented Stanley Martin in the purchase. The transaction was not reflected on city property records available online as of Tuesday afternoon.

The purchase secures the final piece of a three-parcel assemblage that will house Carver Square, approved for 90 “two-over-two”-style units, meaning two-level condos stacked on top of each other within four-story buildings. The project, which secured zoning approval last month, will be the company’s second in the city, following the under-construction Stony Point Landing in the Bon Air area.

Stanley Martin had previously secured the third parcel for Carver Square: a 1.3-acre site at 1027 N. Lombardy St. that it purchased in March for $3.9 million. One South Commercial’s Lory Markham and Ann Schweitzer represented the seller in that deal.

Commonwealth Commercial’s Ben Bruni and Ryan Fanelli had the Moore Street listings, representing property owner John Bottger, who previously owned Argus Steel. The metal supplier has since relocated to Hanover County.

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Commonwealth Commercial Completed Three Transactions this Week

Richmond, VA – November 13, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Bon Secours – St. Francis Medical Center leased 12,400 SF at 2500 Pocoshock Place in Chesterfield County.  Tucker Dowdy represented the Landlord.
  • Valley Landscaping, Inc. leased 3,000 SF at 2312-B Commerce Center Drive in Goochland County.  Colton Konvicka and Ben Bruni represented the Tenant.
  • Stanley Martin Companies, LLC purchased 2.27 acres at 1500 W. Moore Street in the City of Richmond from 1500 W. Moore Street, L.C. for $4,000,000.  Ben Bruni 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, 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 Two Transactions this Week

Richmond, VA – October 2, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Reapers for Christ Ministries leased 615 SF at 591 Southlake Boulevard in Chesterfield County.  Ben Bruni represented the Landlord.
  • Youth & Family Counseling Service, LLC leased 1,152 SF at 2825 S. Crater Road in Chesterfield County.  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 Six Transactions this Week

Richmond, VA – September 11, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Project Homes Properties IV, LLC purchased 7.656 acres at 12329 & 12331 Jeff Davis Highway in Chesterfield County from J&J Equities, LLC for $1,950,000.  Chip Louthan represented the Purchaser.
  • Hayden Enterprises, LLC purchased 18,364 SF at 9204 Center Oak Court in Hanover County from T.L. Hunt, LLC for $1,450,000.  Tucker Dowdy and Russell Wyatt represented the Seller.
  • United Church leased 2,928 SF at 11201 West Hundred Road in Chesterfield County.  Eric Hammond and Thomas Lynde represented the Landlord.
  • First-Citizens Bank & Trust Company leased 3,727 SF at 6800 Paragon Place in Henrico County.  Jim McVey and Michael Morris represented the Tenant.
  • Angeldeer Ministries leased 3,282 SF at 12201 Gayton Road in Henrico County.  Nash Warren and Tucker Dowdy represented the Landlord.
  • First Call Environmental, LLC leased 12,500 SF at 11011 Richardson Road in Hanover County.  Ben Bruni and Tucker Dowdy 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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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 Ten Transactions this Week

Richmond, VA – July 10, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Family Priority, LLC leased 1,543 SF at 9201 Arboretum Parkway in Chesterfield County.  Russell Wyatt, Jamie Galanti and Eliza Izard represented the Landlord.
  • Compass CPAs of Virginia, LLC leased 3,353 SF at 9201 Arboretum Parkway in Chesterfield County.  Russell Wyatt, Jamie Galanti and Eliza Izard represented the Landlord.
  • Richmond Gastroenterology Associates leased 6,929 SF at 223 Wadsworth Drive in Chesterfield County.  Jamie Galanti and Eliza Izard represented the Tenant.
  • Hopetree Family Services leased 5,900 SF at 1030 Old Bon Air Road in Chesterfield County.  Jamie Galanti and Nash Warren represented the Tenant.
  • Creative Approach leased 2,140 SF at 2819 N. Parham Road in Henrico County.  Eric Hammond and Thomas Lynde represented the Landlord.
  • Kenneth C. Pankey leased 350 SF at 2819 N. Parham Road in Henrico County.  Eric Hammond and Thomas Lynde represented the Landlord.
  • Neurosurgical Associates, P.C. leased 1,785 SF at 8405 North Run Medical in Hanover County.  Russell Wyatt and Eliza Izard represented the Landlord.
  • New Nails & Spa leased 1,400 SF at 1632 Tappahannock Boulevard in Essex County.  Jim McVey represented the Landlord.
  • Central Virginia Dental Care, PLC leased 3,183 SF at 5921 Harbour Lane in Chesterfield County.  Tucker Dowdy represented the Tenant.
  • Acorn Sign & Graphics, Inc. leased 8,470 SF at 10334 Battlefield Parkway in Prince William County.  Russell Wyatt and 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, 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 Three Transactions this Week

Richmond, VA – March 27, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • 2015 Brands, LLC leased 2,967 SF at 11930 Iron Bridge Road in Chesterfield County.  Michael Morris, Jim McVey and John Thompson represented the Landlord.
  • Terry Carroll Enterprises, Inc. leased 4,300 SF at 9315 Pocahontas Trail in New Kent County.  Eric Hammond represented the Landlord.
  • Primoris T&D Services, LLC leased 34,800 SF at 12195 Harley Club Drive in Hanover County.  Ben Bruni and Jamie Galanti 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 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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Commonwealth Commercial Completed Five Transactions This Week

Richmond, VA – March 9, 2018 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Andrew Brumberg leased 815 SF at 8503 Patterson Avenue, Henrico County.  Evan Ocheltree represented the Landlord.
  • Blueswipe, LLC leased 6,460 SF at 1501 Roseneath Road in City of Richmond.  Fred Plaisted represented the Tenant.
  • Capital Square Acquisitions LLC purchased a 5,100 SF office/medical building at 300 N. Washington Highway in Hanover County for $2,100,000.  Craige Pelouze represented the Purchaser.
  • Genova’s Pizza Express, LLC purchased a 3,420 SF building at 2723 Buford Road in Chesterfield County for $265,000.  Morgan Trible represented the Purchaser.
  • Earl Thompson, Inc. purchased 122 acres at 3040 Sandy Hook Road in Goochland County for $1,075,000.  Joe Buhrman and Randy Cosby 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, Reading PA 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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