Pipeline: commercial real estate roundup for 10.31.08

Morgata LLC purchased the medical office building at 8201 Atlee Road in Mechanicsville, VA, from Meadowbridge LLC for $1.6 million, or approximately $133 per square foot.

Innovision Investment Group acquired the industrial property at 1400-1422 Chamberlayne Ave. in Richmond, VA, from Jackson & Edney Investments LLC for $1.74 million, or about $23 per square foot. The 75,000-square-foot facility delivered in 1950 in the Laburnum/Rte360 Industrial submarket.

Charles Keck acquired the industrial building at 4107 Castlewood Road in Richmond from Fergusson Associates for $1.2 million, or about $15 per square foot. The 79,800-square-foot building is vacant.

Thalhimer reports
that Hickory Park Properties, LLC purchased the approx. 5,200 sq.ft. condominium from HHHunt Corporation for $780,000 and plans to build it out for a medical practice.

GVA Advantis reports that Vanguard Industries East leased 19,500 square feet at 6250 Gorman Road.

CBRE reports that Chasen’s Business Interiors Inc. leased 22,000 square feet at 2314 B Dabney Rd. in the City of Richmond.

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