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The Pipeline: Commercial real estate deals for 10.21.16

Michael Thompson October 21, 2016 0

Joyner Commercial reports the following deals:

22 E. Broad LLC purchased a 7,695-square-foot building at 22 E. Broad St. in Richmond for $375,000. Kerry Riley represented the seller in the transaction.

Rod Renfrow purchased 1560 Standing Ridge Drive in Powhatan for $935,000. Bill Phillips represented the seller.

Prevent Child Abuse Virginia leased 4,535 square feet of office space at 8100 Three Chopt Road in Henrico. Bill Phillips and Cheryl Hamm represented the tenant.

S.L. Nusbaum Realty Co. reports the following deal:

Arch Village Management Realty and Midlothian Management Realty bought the Arch Village Shopping Center at 9131-9219 Midlothian Turnpike in Richmond for $4.8 million. The sellers of the two parcels in the deal were KBAS LLC and Harding Property 1. The new owners plan to merge the properties back into one parcel to add an outparcel on the site. Nathan Shor and Reid Cardon represented the buyer and seller for the parcel where American Freight is and the buyer for the adjacent parcel that’s home to a retail strip. Joe Harding of Harding & Associates represented the seller of the retail strip’s parcel.

CBRE | Richmond reports the following deals:

Wells, Coleman & Company LLP purchased the 15,520-square-foot Monument Corporate Center at 5004 Monument Ave. in Richmond from Gray Property 1970 LLC for $1.5 million. Will Bradley and David Wilkins represented the seller.

Paul S. Cline purchased 2,300 square feet of office space at 9710 Farrar Court in Richmond from David A. Williams for $249,260. Robby Brownfield, Rob Black and Chris Doyle represented the buyer.

Colliers International reports the following deals:

TTT Office Management LLC purchased 3307 & 3311 Church Road in Henrico from ISIS Commercial Holdings LLC for $845,000.  Austin Newman handled the transaction on behalf of the buyer.

Prevent Child Abuse Virginia leased 4,535 square feet of office space at 8100 Three Chopt Road in Richmond.  Kit Tyler and Scott White handled the transaction on behalf of the landlord.

Environment Alliance Inc. leased 3,268 square feet of industrial space at 8201 Hermitage Road in Richmond.  Brian Glass handled the transaction on behalf of the tenant.

JAN-PRO Cleaning Services of Richmond expanded its lease to 2,298 square feet of office space at 5206 Markel Road in Richmond.  Scott White handled the transaction on behalf of the landlord.

EMS of Virginia LLC leased 2,179 square feet of office space at 1915 Huguenot Road in Richmond.  Scott White handled the transaction on behalf of the landlord.

The Property Shop RVA LLC leased 2,040 square feet of office space at 1500 Forest Ave. in Richmond.  Scott White handled the transaction on behalf of the landlord.

Monticello Consulting Group leased 1,070 square feet of office space at 8100 Three Chopt Road in Richmond.  Scott White handled the transaction on behalf of the landlord.

Cushman & Wakefield | Thalhimer reports the following deals:

Real Estate Value Advisors bought the 62,941-square-foot office building at 4800 Cox Road for $8.3 million from BH Properties. Eric Robison along with Mark Douglas and Mac Wilson handled the sale.

Wells, Coleman & Company LLP bought the 16,000-square-foot office property at 5004 Monument Ave. for $1.5 million from Gray Property 1970 LLC. Birck Turnbull handled the sale negotiations on behalf of the buyer.

The Anchor Bar leased 8,505 square feet in Stony Point Fashion Park at 9204 Stony Point Parkway in Richmond.  Reilly Marchant handled the lease negotiations on behalf of the tenant and Connie Jordan Nielsen and Alicia Farrell represented the landlord.

Cava Mezze Grill leased 5,872 square feet at 11780 W. Broad St. in Henrico.  Connie Jordan Nielsen and Ted Levin handled the lease negotiations.

Chipotle Mexican Grill has leased space in NuckolsPlace at 5400 Wyndham Forest Dr. in Henrico. Connie Jordan Nielsen handled the lease negotiations on behalf of the tenant and Alicia Farrell represented the landlord.

Starbucks leased 1,950 square feet in NuckolsPlace at 5400 Wyndham Forest Dr. in Henrico.  Nicki Jassy and Pete Waldbauer handled the lease negotiations on behalf of the tenant, and Connie Jordan Nielsen and Alicia Farrell represented the landlord.

Cutz for Guys Inc. leased 1,201 square feet in The Shoppes at Westchester at the intersection of Midlothian Turnpike and Watkins Centre Parkway in Chesterfield.  Nicki Jassy and Pam Strieffler handled the lease negotiations.

Porter Realty Company Inc. reports the following deals:

Saunders Investment Properties LLC bought 13,000 square feet of office and warehouse at 10429 Leadbetter Road in Hanover from Leadbetter Property & Development Inc. for $775,000.  Kevin Cox handled the negotiations on the seller’s behalf.

Friant LLC bought 5,000 square feet of office and warehouse space at 2546 Turkey Creek Road in Goochland from John & Diannah Fleming for $372,500. Kevin Cox handled the sale negotiations.

 Haxall Properties LLC bought  4,372 square feet of office space at 121 Shockoe Slip in Richmond from Sunburst Properties LLC.  Wilson Flohr represented the buyer.

Hobson Investment Strategies leased 1,000 square feet of office space at 557-A Southlake Boulevard in Chesterfield.  Byron Holmes handled the negotiations on the landlord’s behalf.

One South Commercial reports the following deal:

CDI Harrison LLC purchased 5,850 square feet of mixed-use space at 939 W. Grace St. in Richmond for $675,000. Tom Rosman and Ryan Rilee represented the seller.

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