FOR IMMEDIATE RELEASE
March 6, 2017
Mixed-Use Community Grows By Adding A Warehouse To The Mix
RICHMOND, VA (March 6, 2017) – Commonwealth Commercial Partners, LLC is pleased to have represented the owners in the sale of 5100 Old Osborne Turnpike in Rocketts Landing. The property features an almost 30,000- square foot warehouse on 1.38 acres. The sales price was $1,850,000.
Located in Henrico County, the property is surrounded on three sides by the mixed-use Rocketts Landing development. Rocketts Landing acquired the property so that it can expand its community. Newly rezoned, initial plans for the property include a parking lot and 12 townhomes. Rocketts Landing recently began construction of a new apartment building adjacent to the property.
The property was presented for sale by Sam Worley and Ryan Fanelli of Commonwealth Commercial.
“We’re glad to have helped the seller and the logical buyer as the wonderful Rocketts Landing community continues to grow,” Worley said.
Most recently, it housed Virginia Rigging and Crating’s commercial and industrial moving and storage business.
ABOUT COMMONWEALTH COMMERCIAL PARTNERS
Commonwealth Commercial Partners is a leading full-service commercial real estate firm headquartered in Richmond, VA, with offices in Nashville, TN; Jacksonville, Tampa, FL; Reading, PA.; Greensboro, Raleigh, and Charlotte, NC.; Greenville, SC, and Hampton Roads, VA. Founded in 1996, the firm provides expertise to office, industrial, retail, hospitality, rural and urban land, and investment clients. CCP and affiliates service lines include Property Management, Asset Management, Fund Management, Hospitality Management, Commercial Sales & Leasing, and Land Sales. Supported by proprietary systems that provide consistent, proactive solutions, the team delivers a broad range of services to support the needs of large institutional, regional, and local clients. Our clients value the entrepreneurial, hands-on approach that is fostered by our culture of accountability, communication, and responsiveness. For more information, please visit www.commonwealthcommercial.com.
Senior Vice President – Partner
Commonwealth Commercial Partners