The Pipeline: Commercial real estate roundup for 6.3.22
TOP THREE SALES
No. 1: ABMAR Villa Park LLC purchased 74,862 square feet at 8040 Villa Park Drive in Henrico for $12 million. Eric B. Robison, Bo McKown and Graham Stoneburner with Cushman & Wakefield | Thalhimer represented the seller.
No. 2: Mahant Ashland LLC purchased the 69-unit hotel at 80 S. Cottage Drive in Ashland for $5.9 million from SK Hotel LLC. Prashant Merchant and Nic Wade with Colliers represented the seller.
No. 3: JDL Management purchased 10,600 square feet at 1508-1510 W. Broad St. in Richmond for $5.7 million from TRP Firestone. Bo McKown and Cathy Spangler with Cushman & Wakefield | Thalhimer represented the seller. Nathan Shor, Andrew Nusbaum and Carter Wells with S.L. Nusbaum Realty Co. represented the buyer.
TOP THREE LEASES
No. 1: Evergreen Enterprises of Virginia subleased 117,138 square feet at 14174 N. Washington Highway in Ashland. Isaac DeRegibus with Cushman & Wakefield | Thalhimer represented the tenant.
No. 2: W.D.M. (U.S.A.) Limited leased 4,900 square feet at 5721-5722 Charles City Circle in Henrico. Ben Bruni with Commonwealth Commercial Partners represented the tenant.
No. 3: Vortex Supply leased 4,365 square feet at 9012 Hermitage Road, Bay 1, in Henrico. John Jay Schwartz with Have Site Will Travel represented the landlord.
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Colliers reports the following deals:
Forest Financial Services leased 1,930 square feet at 3520 Mayland Court in Henrico. Hamilton Shaheen represented the landlord.
Fleet Feet Richmond leased 2,665 square feet at 14308 Winterview Parkway in Chesterfield. Peter Vick and Harrison Hall represented the landlord.
CBRE reports the following deal:
TECATA purchased 20,000 square feet at 1560 Oakbridge Drive in Powhatan for $3 million from Downing Patrick. Matt Hamilton and Eric Williford represented the seller.
Joyner Commercial reports the following deal:
Joshua Gruber purchased 2,934 square feet at 531 S. Sycamore St. in Petersburg for $192,000. Todd Buttner represented the buyer.
Cushman & Wakefield | Thalhimer reports the following deals:
TECATA purchased 20,000 square feet at 1560-1578 Oakbridge Drive in Powhatan for $3 million from Downing Patrick LLC. Gregg Beck represented the buyer.
Vectors Research Management leased 2,068 square feet at 11131 W. Broad St. in Henrico. Dean Meyer and Mac Wilson represented the landlord.
Sunshine Health Massage leased 1,222 square feet at 101 – 271 Wadsworth Way in Chesterfield. James Ashby IV and Richard L. Thalhimer represented the landlord.
Commonwealth Commercial Partners reports the following deals:
Friedman Law Firm leased 1,887 square feet at 9401 Courthouse Road in Chesterfield County. Tucker Dowdy and Jamie Galanti represented the landlord.
Capital Center of Virginia leased 1,768 square feet at 5700 Old Richmond Ave. in Henrico. Tucker Dowdy and Michael Good represented the landlord.
Post Nation leased 1,200 square feet at 6841 Forest Hill Ave. in Richmond. Michael Morris represented the landlord.
Starry Night Realty L.L.C. purchased 8,820 square feet at 11818 Murray Olds Drive in Chesterfield for $1.2 million from B&S LLC. Ben Bruni and Michael Mayhew represented the seller.
Indigenous Land Group purchased 59.9 acres at 16293 Mountain Road in Hanover for $725,000 from Matthew B. White. Ben Bruni represented the buyer.
B&T Rental purchased 10,800 square feet at 11310 Washington Highway in Hanover for $1.9 million from R.J.I. Properties. Ben Bruni and Colton Konvicka represented the buyer.
One South Commercial reports the following deals:
VA Wood Properties purchased 13,288 square feet at 4015 Fitzhugh Ave. in Richmond for $4.9 million. Tom Rosman and Ken Campbell represented the seller.
MPC Holdings purchased an office condo at 7603 Forest Ave. Unit 301, in Henrico for $395,000. Ken Campbell represented the purchaser.
JDS Holdings purchased four units at 6 N. Dooley Ave. in Richmond for $1 million. Tom Rosman and Justin Sledd represented the seller.
RICHVA20 purchased 20 units at 3510 Chamberlayne Ave. in Richmond for $2.4 million. Tom Rosman and Justin Sledd represented the seller.