Sales and Leasing Transactions announced in Richmond, VA

Hamlet Watkins Centre purchased 30 acres at Watkins Centre Parkway and East West Road in Chesterfield for $4.5 million from Watkins Land LLC. Commonwealth Commercial Partners’ Chris JenkinsJoe Buhrman, and Bill Barnett represented the seller and Randy Cosby represented the buyer.

Ortho Watkins Building LLC purchased 8.551 acres at Watkins Centre Parkway and East West Road in Chesterfield for $2.7 million from Watkins Land LLC. Bill BarnettJoe Buhrman and Chris Jenkins with Commonwealth Commercial Partners represented the seller.

Raymond Engineering- Georgia Inc. leased 3,006 square feet at 7130 Glen Forest Drive in Henrico. Eric HammondEliza Izard, and Russell Wyatt represented the landlord and Tucker Dowdy and Ben Boykin represented the tenant.

Burton & Associates leased 2,471 square feet at 4198 Cox Road in Henrico. Eric HammondEliza Izard, and Russell Wyatt represented the landlord.

Safe Haven Security Services leased 521 square feet at 201 N. Washington Hwy. in Hanover. Eric Hammond and Michael Good represented the landlord.

Gray and Pape Heritage Management leased 2,100 square feet at 2119 E. Franklin St. in Richmond. Ben Boykin and Tucker “Nash” Warren represented the landlord.

Morse Investigation Services leased 1,460 square feet at 4196 Innslake Drive in Henrico. Ben Boykin and Tucker “Nash” Warren represented the tenant.

Coharie Enterprises dba Stretch Zone leased 1,315 square feet at 14169 Midlothian Tpke. in Chesterfield. Thomas Lynde represented the tenant.

Crosswinds,LLC purchased 2,322 square feet at 3918 Grove Ave. in Richmond for $687,500 from CBL Associates. Jamie Galanti represented the seller.

Richard and Anita Hutchinson purchased 10,000 square feet at 11012 Richardson Road in Hanover for $1,450,000 from PN Construction. Ben Bruni, SIOR and Michael Mayhew represented the buyer.

Bocce Two LLC purchased 9,861 square feet at 11310 Business Center Drive in Chesterfield for $1,270,000 from Flexible Holdings LLC. Colton Konvicka and Michael Mayhew represented the buyer.

Weidmuller Inc. purchased 4.715 acres at 630 Johnston Willis Drive in Chesterfield for $1,117,000 from Whitco. Tucker “Nash” Warren and C. Ryan Fanelli represented the buyer.

Hamlett

Ortho

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Bill Barnett’s Lay of the Land Article

February 17, 2023 – Richmond, Virginia – BizSense Article

When he’s not helping others buy and sell land, Bill Barnett is often out there enjoying his own.

The senior vice president and partner at Commonwealth Commercial spends much of his free time on the 175 or so acres he owns along the Chickahominy River in Charles City County.

That’s when he’s not at his primary home in Mathews County, where he can be found fishing in the East River and Chesapeake Bay.

An avid fisherman and hunter, the 76-year-old said his personal love of land and of experiencing nature has carried over into his profession brokering real estate deals. Now in his 50th year in the business, representing buyers and sellers of typically rural acreage, Barnett said the blending of business and pleasure gives him a sort of cred with his clients.

“I have a passion for the outdoors where I can walk the walk, not just talk the talk, and help people who enjoy that kind of property,” he said. “Whether it’s for development, or somebody who wants a place to just have a personal retreat or a family retreat, if you have experienced that, you have a lot more empathy with what their goal is.”

A Charles City native, Barnett bought his land there about 25 years ago, though it was only three years ago that he built a cabin on it, bringing his dwelling count to three. He and wife Cindy, an agent with residential brokerage Long & Foster Real Estate, also have a home in town near the University of Richmond.

“We’re over-housed,” Barnett said with a laugh. “It’s not financially the most prudent plan.” Barnett at the 175 acres he owns in Charles City County.

His Charles City purchase continues a family tradition that goes back centuries. Barnett said a search of county deed books revealed that his ancestors owned land in Charles City as far back as the 18th century.

“The earliest Barnetts that I could find, they bought land in the 1770s and paid for it in shillings. It was still a colony of England.”

Barnett said the cabin allows him and his two daughters more time to enjoy what he proudly describes as primarily swampland.

“I bought it because it was swamp, because it’s bald cypress trees. A friend of mine, when I took him hunting, he turned to me and said, ‘Where are the dinosaurs?’ It looks like a primeval place,” he said. “But to me, it’s fascinating, because of the animals we see.

“I grew up hunting and fishing in places that a lot of people wouldn’t want to go. But it’s teeming with wildlife, so it’s just fun to watch otters and minks and coyotes and bobcats and eagles, as well as ducks and geese, deer and turkey,” he said.

While his affinity for wildlife may seem to some to contradict his hunting hobby, Barnett said they actually go hand in hand.

“These animals – any site has a carrying capacity. Only so many deer can live here before it becomes overpopulated and they become sick or starved,” he said. “To harvest a reasonable amount of game is just part of the life cycle, otherwise it’s going to be eaten alive or die from disease.”

Barnett’s hunting and fishing have taken him to locales across the country, as well as to countries in Latin and South America. While sometimes exotic, he said such travels also increase his appreciation for what his home state has to offer.

“If you travel – somebody said this, I didn’t come up with it – the biggest single benefit is greater appreciation of where you are, your home,” he said. “For me, I bought a center-console boat, 20-foot low-rise, to explore the Chesapeake Bay. I said I want to learn more about what’s right here, not just Argentina or Nicaragua or Louisiana.

“I’ve been up and down virtually every mile of tidal rivers on the western shore” of Virginia, he said. “The Eastern Shore is a bit different. Virginia’s blessed with a resource; you just have to look at a map to go experience it.”

Barnett, who joined Commonwealth Commercial in 2001, got his start in real estate by accident, following his dad into the business.

“My father was a residential real estate broker. I didn’t have any interest in selling homes. I wanted the outdoors,” he said.

He went to work for Crawley Joyner, whose Joyner & Co. is now Joyner Fine Properties. Barnett worked for his mentor for 27 years until the business was sold and he switched to Commonwealth Commercial, then a 5-year-old firm.

“I was the only person that came in 2001 that had a dedicated career to land brokerage,” he said. “Now we’ve got probably 10 brokers there that specialize in land: recreational, timber, farms. Some of it is going to be developed or has been developed. I got to work with some wonderful projects, whether it was Innsbrook or Deep Run Business Center or some industrial properties in Chesterfield.”

Among his biggest and most notable deals was the 2014 sale of Brandon Plantation, a 4,600-acre property with a 12,000-square-foot mansion along the James River in Charles City County. Barnett said the sale, in which he represented the buyer, was only the third time the 18th-century property had changed hands.

Barnett also represented, with Joe Buhrman, Henrico County’s Scott family in their sale a year later of Scott Farm, a roughly 100-acre tract now owned by Bill Goodwin’s Riverstone Properties and positioned for development as part of the massive arena-anchored GreenCity project.

Other notable recent deals include 220 acres in Hanover County, where grocery chain Wegmans is planning a distribution facility and regional headquarters. Barnett represented the seller in that deal, along with Buhrman and Chris Jenkins. He also marketed, with Ryan Fanelli, the 900-acre Malvern Hill Farm that in 2018 was bought by the Capital Region Land Conservancy.

Barnett attributes such deals to the relationships he’s built with fellow landowners over the years.

“I’m blessed with the people that I know. I don’t want that to come across as journey-proud or beating my chest with my fist,” he said. “But you spend a lifetime trying to do the right thing, and if that happens, sometimes you earn the trust of people to handle their business for them.”

While he has now worked half of century in real estate, Barnett said retirement remains beyond his view.

“I don’t work the same kind of hours I used to, but I am still full-time in the business because I wake up in the morning and say to myself, ‘What’s going to happen today?’ And I go, ‘Well, I don’t know. Let’s go find out.’ I don’t need an alarm clock, but I wake up between 5 and 5:30 every day and I’m excited.”

Laughing, he added, “My goal in life would be to meet every farmer in Virginia before I die. That won’t happen, but that’s my goal.”

Bill Barnett

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Commonwealth Commercial Completed Eight Transactions this Week

Richmond, VA – December 3, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • InMotion Physical Therapy, LLC leased 4,347 SF at 3001 Hungary Spring Road in Henrico County.  Eric Hammond and Chip Louthan represented the Tenant.
  • Mosaic Group, LLC dba Mosaic Pediatric Therapy leased 4,087 SF at 5153 Craig Rath Boulevard in Chesterfield County.  Jamie Galanti and Eliza Izard represented the Tenant.
  • Carova Holding Company, Inc. leased 1,297 SF at 2101 Parks Avenue in Virginia Beach.  Gresh Wall represented the Landlord.
  • Ogburn Brothers, Inc. leased 28,000 SF at 10987 Richardson Road in Hanover County.  Chip Louthan and Michael Mayhew represented the Tenant.
  • Richmond Pediatric Dentistry and Orthodontics renewed its 2,938 SF lease at 8503 Patterson Avenue in Henrico County.  Eliza Izard and Russell Wyatt represented the Landlord.
  • Nettles Storage, LLC purchased 3.5 acres of land at 12994 Nettles Drive in Newport News from Nettles Associates, LLC for $650,000.  Ryan Fanelli and Nate Krey represented the Seller.
  • Virginia Electric and Power Company purchased 11.8 acres at 212 Dry Bridge Road in Chesterfield County from Watkins Land, LLC for $530,000.  Bill Barnett, Joe Buhrman and Chris Jenkins represented the Seller.
  • Bellwood Crossing LLC purchased 3.5 acres at 8009, 8011, 8031, 8045 and 8075 Jefferson Davis Highway in the City of Richmond from The Diamond Group, LLC for $1,350,000.  Chris Jenkins, Randy Cosby and Michael Good represented the Purchaser and Ben Bruni represents 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 Six Transactions this Week

Richmond, VA – November 5, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Virginia Insurance Services, Inc. leased 1,900 SF at 1 Park West Circle in Chesterfield County.  Tucker Dowdy and Jamie Galanti represented the Landlord.
  • Kala Brand Music Co. leased 29,342 SF at 11223 Leadbetter Road in Hanover County.  David Williams represented the Landlord.
  • EDOS LLC leased 775 SF at 5300 Hickory Park Drive in Henrico County.  Eric Hammond and Michael Good represented the Landlord.
  • JSC of Richmond, LLC dba Mr. Sandless of Richmond leased 854 SF at 7921 W. Broad Street in Henrico County.  Ben Bruni represented the Tenant.
  • Brandi Walker leased 2,910 SF at 131 Richmond Highway in the City of Richmond.  Ben Bruni represented the Landlord.
  • CRDR Management LLC purchased 2.74 acres at 710 Watkins Centre Parkway in Chesterfield County for $400,000 from Watkins Land LLC.  Chris Jenkins, Joe Buhrman and Bill Barnett 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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Wegmans pays $4M for 220-acre site of contested Hanover County facility

Posted on 8/3/2021 by BizSense

Following a string of permit approvals and court decisions in its favor, Wegmans Food Markets has moved ahead with purchasing the site of a planned distribution facility and regional headquarters in Hanover County.

But at least one legal challenge to the project remains in play.

The supermarket chain closed July 20 on the nearly 220-acre site where it’s approved to build the 1.1 million-square-foot, $175 million facility. Commonwealth Commercial Partners, which brokered the deal, reported the purchase price at $4 million.

Commonwealth Commercial’s Bill Barnett, who represented Air Park Associates in the deal along with colleagues Joe Buhrman and Chris Jenkins, said the timing of the purchase was reflective of the recent developments surrounding the project.

Continue reading the full article

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Commonwealth Commercial Completed Four Transactions this Week

Richmond, VA – July 30, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Jesse S. Feinman dba Pomegranate Press leased 600 SF at 304 East Main Street in the City of Richmond.  Eric Hammond represented the Landlord.
  • All-Star Orthodontics, PLC leased 2,680 SF at 2100 Roux Street in Henrico County.  Tucker Dowdy represented the Tenant.
  • Wegmans Food Markets, Inc. purchased approx. 217.33 acres at Ashcake Road and Sliding Hill Road in Hanover County from Air Park Associates, L.P. for $4,000,000.  Chris Jenkins, Bill Barnett, and Joe Buhrman represented the Seller.
  • Chesterfield County purchased 41.392 acres at 12800 Genito Road in Chesterfield County from Sue Clements and Patsy Stargardt for $4,500,000.  Chris Jenkins 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, 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 – April 16, 2021 – Commonwealth Commercial Partners, LLC is pleased to report last week’s completed transactions.

  • Fence Me In & Decks Too LLC leased 8,400 SF at 8502 Brook Road in Henrico County.  Michael Morris represented the Landlord and Morgan Trible represented the Tenant.
  • Go Bird, LLC leased 1,525 SF at 6801 Forest Hill Avenue in the City of Richmond.  Michael Morris represented the Landlord.
  • R&N Imported Service leased 6,000 SF at 2514 Grenoble Road in Henrico County.  Chip Louthan represented the Landlord.
  • Elements of Serenity, LLC dba Centering Elements leased 1,568 SF at 9201 Arboretum Parkway in Chesterfield County.  Eliza Izard, Jamie Galanti and Russell Wyatt represented the Landlord.
  • Wildfire Technologies, LLC leased 700 SF at 2819 N. Parham Road in Henrico County.  Thomas Lynde and Eric Hammond represented the Landlord.
  • Balvinder Singh leased an additional 600 SF of space at 1507 Huguenot Road in Chesterfield County.  Eric Hammond represented the Landlord.
  • Lingerfelt Commonwealth Partners, LLC purchased 219,891 SF at 4300 Carolina Avenue in Henrico County from Richmond International Raceway, LLC for $7,800,000.  David Williams and Chip Louthan 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 Last Week

Richmond, VA – April 5, 2021 – Commonwealth Commercial Partners, LLC is pleased to report last week’s completed transactions.

  • LaQuita McCrae leased 1,156 SF at 2825 S. Crater Road in the City of Petersburg.  Eric Hammond represented the Landlord.
  • Virginia Financial Center leased 1,724 SF at 9401 Courthouse Road in Chesterfield County.  Tucker Dowdy and Jamie Galanti represented the Landlord.
  • Glass Doctor leased 2,269 SF at 11010 W. Broad Street in Henrico County.  Jim McVey represented the Landlord.
  • Virginia Interactive, LLC leased 7,200 SF at 2022 W. Broad Street in the City of Richmond.  Tucker Dowdy and Russell Wyatt represented the Landlord.
  • MBS Productions Services, LLC leased 12,500 SF at 1800 W. Marshall Street in the City of Richmond.  Ben Bruni and Russell Wyatt represented the Landlord
  • Atkinson Investment, LLC purchased 4,434 SF at 6039 Mechanicsville Turnpike in Hanover County from Nighthawk Properties, LLC for $325,000.  Eric Hammond and Tucker Dowdy represented the Seller.
  • Adana Investments, LLC purchased 25.927 acres at 8501 Courthouse Road in Chesterfield County from Virginia Tech Foundation, Inc. for $60,000.  Chris Jenkins and Bill Barnett 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 Eight Transactions this Week

Richmond, VA – January 8, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • RVA Family Chiropractic  Wellness LLC leased 1,694 SF at 3721 Westerre Parkway in Henrico County.  Eric Hammond and Tucker Dowdy represented the Landlord.
  • Complete, Whole, Compassionate Care leased 1,200 SF at 1700 Huguenot Road in Chesterfield County.  Eric Hammond represented the Landlord.
  • Counseling Alliance of Virginia, LLC leased 6,720 SF at 2924 Emerywood Avenue in Henrico County.  Tucker “Nash” Warren and Jamie Galanti represented the Landlord.
  • Victorino de la Barrera leased 4,280 SF at 6290 Old Warwck Road in the City of Richmond.  Colton Konvicka and Ryan Fanelli represented the Landlord.
  • Power Systems and Controls, Inc. leased 35,000 SF at 11011 Richardson Road in Hanover County.  Ben Bruni and Tucker Dowdy represented the Landlord.
  • 18 W Broad Street, LLC dba Kinks & Quircks LLC purchased 8,046 SF at 18 W. Broad Street in the City of Richmond from C&L Holdings, LLC for $940,000.  Colton Konvicka represented the Purchaser.
  • Masha Real Estate purchased 2 acres at 4101 Mechanicsville Turnpike in the City of Richmond from Reality I, LLC for $170,000.  Ryan Fanelli and Sam Worley represented the Seller.
  • H B  Property Associates, LLC purchased 19.84 acres on Corporate Road in Petersburg from North Bay Commonwealth Company for $79,000.  Bill Barnett, Joe Buhrman and Chris Jenkins 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 Four Transactions this Week

Richmond, VA – August 30, 2019 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Harry Bawa purchased 5.03 acres at 1994 Manakin Road in Goochland County from Nuckols Family, LLC for $350,000.  Bill Barnett and Joe Buhrman represented the Seller.
  • Mainstreet Homes of Virginia purchased 16.5 acres at 2058 Rockville Road in Goochland County from Nuckols Family, LLC for $1,320,000.  Joe Buhrman and Bill Barnett represented the Seller.
  • Prosport CPA, PLLC purchased 3.22 acres on Cumberland Station Road in Patriots Landing in New Kent County from Patriots Landing Management Corp. for $275,000.  Joe Buhrman and Bill Barnett represented the Seller.
  • Subway Corp. leased 1,600 SF at West Point Station, 416 14th Street in King William County.  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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