Sales and Leasing Promotions

Posted on 2/14/2022 – Richmond, VA

We are very pleased to announce that several members of our Sales and Leasing team have earned promotions!

Please join us in congratulating the following sales professionals on their recent promotions:

Ben Bruni, promoted to Senior Vice President
Tucker Dowdy, promoted to Senior Vice President
Tucker “Nash” Warren, promoted to Vice President
Colton Konvicka, promoted to First Vice President

 

 

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BizSense The Pipeline: Commercial Real Estate for 1.28.22

Posted on 1/28/2022 –The Pipeline: Commercial real estate roundup for 1.28.22

Commonwealth Commercial Partners reports the following deals:

Vinson Investments purchased 3,685 square feet at 3781 Westerre Parkway, Suite A and B, in Henrico for $700,000 from Andrew Jackson LLC. Tucker Dowdy and Jamie Galanti with Commonwealth Commercial Partners represented the seller.

Encompass Supply leased 22,800 square feet at 1801 W. Marshall St. in Richmond. Commonwealth Commercial Partners’ Ben Bruni represented the tenant and Russell Wyatt represented the landlord.

Chez Crenshaw leased 9,156 square feet at 6290 Old Warwick Road in Richmond. Colton Konvicka and C. Ryan Fanelli Fanelli with Commonwealth Commercial Partners represented the landlord.

Moffatt & Nichol Inc. leased 7,980 square feet at 1100 Boulders Parkway in Chesterfield. Jamie GalantiRussell Wyatt and Eliza Izard represented the landlord.

Odle Management Group leased 1,160 square feet at 7400 Beaufont Springs Drive in Chesterfield. Jamie GalantiRussell Wyatt and Eliza Izard represented the landlord.

Foods for Change expanded its 2,250-square-foot lease at 1110-1112 Westbriar Drive in Henrico. Tucker “Nash” Warren and Kit Tyler represented the tenant.

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47 mixed-use parcels in Richmond sell for almost $22M

Posted on 12/21/2021 by Katherine Schulte at Virginia Business

Seven bundles of properties totaling 47 parcels in Richmond sold for almost $22 million, Commonwealth Commercial Partners LLP announced last week.

The mixed-use properties are located in Richmond’s Fan District and consist of retail, office and restaurant space, as well as about 24 apartments and 267 parking spaces.

Richmond-based Eck Enterprises LLC sold the properties to Charlotte, North Carolina-based Carolina Capital Real Estate Partners. Kit Tyler, senior vice president at CCP, and Tucker “Nash” Warren, senior associate at CCP, represented the seller in the three-contract sale that closed Dec. 15.

Continue reading the full article

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Commonwealth Commercial Closes Sale of Eight Mixed-Use Properties in Richmond’s Fan District

Richmond, VA. – Commonwealth Commercial Partners, LLC (CCP), a leading commercial real estate firm headquartered in Richmond, VA., recently brokered the sale of eight mixed-use properties at 1715, 1719, 1723, and 1727 W. Main Street, 1504, 1518, 1520, and 1603 W. Cary Street in Richmond’s Fan District. CCP represented the seller, Eck Enterprises, LLC, and Abhijun Gupta from Taylor Properties represented the purchaser, RPNA Capital, LLC.

Kit Tyler, Senior Vice President at CCP, and Tucker “Nash” Warren, Senior Associate at CCP, negotiated the mixed-use properties’ sale that closed on October 14th for a price of $3 million. The eight properties consist of 13 one- two- and three-bedroom garden apartments, two townhouses, and three commercial units. The buildings were part of the Uptown Portfolio, a large assemblage of real estate holdings owned and developed by Eck Enterprises, LLC.

Praveen Gupta, principal partner at RPNA Capital, LLC is a resident of Henrico County and has been actively investing in the Richmond Fan area.

The Uptown Portfolio consists of more than 100 retail, restaurant, office, and multifamily properties concentrated within a 10-block area along West Main and West Cary Streets, just west of the VCU Monroe Park Campus. CCP manages the listing for all the properties in the Uptown Portfolio.

“Representing the sale of Eck Enterprises’ Uptown Portfolio has been a great honor for Nash and me,”

said Kit Tyler. “The properties sold in this transaction included a well-kept assortment of commercial and residential units. The Sellers took exceptional care of their properties as well as their tenants. This will be of great value to the new owners, RPNA Capital, LLC.”

News regarding the sale of other properties within the Uptown Portfolio will be shared after the closing date of the transactions. For more information about Commonwealth Commercial Partners, LLC, visit commonwealthcommercial.com.

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, St. Louis 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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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 Twelve Transactions this Week

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

  • Schewel Furniture Company, Inc. leased 27,000 SF at 81 Orchard Hill Circle in Augusta County.  Carl Blackwell represented the Tenant.
  • Blanchard Strategy, LLC leased 528 SF at 4915 Radford Avenue in Henrico County.  Tucker “Nash” Warren and Eliza Izard represented the Landlord.
  • D&S Motorsports leased 3,600 SF at 6290 Old Warwick Road in the City of Richmond.  Colton Konvicka and Ryan Fanelli represented the Landlord.
  • Virginia Electronics, Inc. leased 4,500 SF at 10975 Richardson Road in Hanover County.  Ben Bruni and Russell Wyatt represented the Landlord.
  • D&L Parts Company leased 6,250 SF at 5805 School Avenue in Henrico County.  Ben Bruni represented the Landlord.
  • Atlanta Dental Supply leased 600 SF at 10180 Lakeridge Parkway in Hanover County.  Ben Bruni represented the Tenant.
  • Reveler Immersive Experiences LLC leased 6,150 SF at 3108 W. Cary St. in the City of Richmond.  Jim McVey, Michael Morris, and Thomas Lynde represented the Landlord.
  • Purser Holdings, LLC purchased 9,400 SF on 2.02 acres located at 5601 Biggs Road in the City of Richmond from N&M Development, LLC for $892,500.  Colton Konvicka and Tucker Dowdy represented the Purchaser.
  • Hui Lin & Chong Hui Chen leased 2,700 SF at Madison Heights Shopping Center at 161 Madison Heights Avenue in Amherst County.  Morgan Trible represented the Landlord.
  • Old Dominion University-leased 2,015 SF at 919 E. Main Street in the City of Richmond.  Jamie Galanti, Russell Wyatt, and Eliza Izard represented the Landlord.
  • CrossCountry Mortgage, LLC leased 3,500 SF at 14405 Justice Road in Chesterfield County.  Eliza Izard and Jamie Galanti represented the Tenant and Eric Hammond and Ben Bruni represented the Landlord.
  • Amazing Dental, LLC leased 803 SF at 5700 Old Richmond Avenue in Henrico County.  Tucker Dowdy and Michael Good 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 Four Transactions this Week

Richmond, VA – July 2, 2021 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Amurcon Realty Company leased 6,170 SF at 919 E. Main Street in the City of Richmond.  Jamie Galanti, Russell Wyatt and Eliza Izard represented the Landlord.
  • Counts, LTD dba Counts Hallmark Shop #17 leased 4,440 SF at 7225 Bell Creek Road in Hanover County.  Morgan Trible and Jim McVey represented the Landlord.
  • 1600 West Broad Street, LLC leased 1,620 SF at 1127 W. Main Street in the City of Richmond.  Tucker “Nash” Warren and Kit Tyler represented the Landlord.
  • Connor’s Heroes Foundation subleased 1,489 SF at 1840 W. Broad Street in the City of Richmond.  Tucker Dowdy and Russell Wyatt represented the Sublandlord.

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 Nine Transactions this Week

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

  • Nicholas Levandowsky leased 1,250 SF at 3112 N. Parham Road in Henrico County.  Tucker Dowdy represented the Tenant.
  • Sabrina Branch Griffin leased 815 SF at 5935 Hopkins Road in Chesterfield County.  Eric Hammond represented the Landlord.
  • Ricky Tillman leased 1,638 SF at 5412 Glenside Drive in Henrico County.  Eric Hammond and Colton Konvicka represented the Landlord.
  • Clocktower Realty Group, LLC leased 1,518 SF at 13823 Village Place Drive in Chesterfield County.  Thomas Lynde, Jim McVey and Michael Morris represented the Landlord.
  • Regina Powell dba Mary Kay leased 528 SF at 4915 Radford Avenue in Henrico County.  Eliza Izard and Tucker “Nash” Warren represented the Landlord.
  • Edward J. Thomason, D.D.S., PC leased 903 SF at 5700 Old Richmond Avenue in Henrico County.  Tucker Dowdy represented the Landlord.
  • At Home Care Staffing, Inc. leased 1,145 SF at 5700 Old Richmond Avenue in Henrico County.  Tucker Dowdy represented the Landlord.
  • Gang Lin and Cuihong Chen purchased 8,995 SF at 14700-14702 Village Square Place in Chesterfield County from Sales Center Associates, LLC for $1,000,000.  Tucker Dowdy and Ben Bruni represented the Seller.
  • Scott Iwashyna purchased 7,650 SF office condo at 2610-B Gaskins Road in Henrico County from Railey Hill Associates, LLC for $1,874,250.  Tucker Dowdy 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, 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 Seven Transactions this Week

Richmond, VA – November 19, 2020 – Commonwealth Commercial Partners, LLC is pleased to report this week’s completed transactions.

  • Epic Partners, LLC leased 2,228 SF at 306 Turner Road in Chesterfield County.  Tucker Nash Warren represented the Tenant.
  • Miles & Stockbridge PC leased 5,042 SF at 919 E. Main Street in the City of Richmond.  Jamie Galanti, Russell Wyatt and Eliza Izard represented the Landlord.
  • Nguyen LLC purchased 10,200 SF at 1700 Huguenot Road in Chesterfield County from 1700 Huguenot Properties, LLC for $1,100,000.  Eric Hammond represented the Purchaser.
  • CIG 6290 RFO, LLC purchased 38,900 SF on 2.25 acres at 6290 Warwick Road in the City of Richmond from Rastek Construction & Development Corp. for $1,850,000.  Ryan Fanelli and Colton Konvicka represented the Seller.
  • 2350 Greystone, LLC purchased 6.687 acres at 2350 Greystone Court in Goochland County from Rockville Commerce Center, LLC for $802,440.  Ben Bruni and Joe Buhrman represented the Purchaser.
  • Carter Lumber of Virginia, Inc. purchased 4.8 acres at 2801 Sprouse Drive in Henrico County from BB&T Investors for $445,000.  Ben Bruni and Joe Buhrman represented the Seller.
  • The McDowell Company, LLC purchased 5,240 SF at 3801 Jeff Davis Highway and 2524 Bells Road in the City of Richmond from Keystone Mountain Lakes Regional Council of Carpenters for $267,000.  Ryan Fanelli and Colton Konvicka 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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