The Pipeline: Commercial Real Estate Round Up for 2.05.09

REM Properties purchased the Shoppes at Bell Creek from private investors for $9.5 million. The 65,800-square-foot shopping center is located on Bell Creek Road in Mechanicsville. It was constructed in 2003.

Grubb & Ellis Harrison & Bates reports that Pine Dell Shopping Center LLC purchased the 16,000-square-foot Pine Dell Shopping Center from Pine Dell Corp & ICAFS, Inc for $2.4 million. The shopping center is located at 8101-8121 W. Broad St. in Henrico.

Dollar Tree has leased 10,500 square feet in the Hungarybrook Shopping Center at 1234 Concord Avenue in Henrico.

CB Richard Ellis reports Retail Data, a locally-based retail research firm, leased 18,700 square feet at 2235 Staple Mill Rd in Henrico.

Thalhimer reports Commonwealth Oral & Facial Surgery Associates purchased a 3,500-square-foot office condominium in Westerre Condominiums from Ling Office Condo LLC for $498,892. The condo is located at 3801 Westerre Parkway in Henrico.

Albert Chiocca purchased a 1,600 square foot former bank branch from Josephine and James Kelly for $369,500 as an investment property. The former bank branch is located at 6511 Woodlake Village in Chesterfield.

Xenith Bank, a new Richmond-based bank that is currently in organization, has leased 16,000 square feet at One James Center at 901 E. Cary St in Richmond.

Porter Realty reports Yancey S. Jones purchased the 58,000-square-foot retail building at 401 England Street in Hanover for $3.2 million. Robert L. Borum and Associates, an architecture firm, was the seller.

Thunder Properties LLC purchased the 14,000-square-foot office/warehouse building at 10405 Dow Gil Road in Hanover from Arnold Properties LLC for $950,000.

Whitebark LLC purchased the $7,300-square-foot office building at 8011 Whitebark Terrace in Chesterfield from HST Properties LLC for $595,000.

United State Soap Corporation leased 100,000 square feet at 3801 Carolina Avenue in Henrico.

Southwest Plastic Binding Co. has leased 25,000 square feet at S. Laburnum Avene in Henrico.

John Deer Landscapes Inc. has leased 12,000 square feet at 11100 Air Park Road in Hanover.

HIPAGE , a Norfolk-based freight broker, leased 6,000 square feet at 4650 Oakleys Lane in Henrico.

Cable Plus LLC has leased 4,400 square feet at 8504 Glazebrook Avenue in Henrico.

FSG Electric has leased 3,200 square feet at 8735 Whitepine Road in Chesterfield.

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Real Estate news and topics » Archive » The Pipeline: Commercial bReal Estate/b Round Up for 2.05.09 b…/b
11 years ago

[…] admin created an interesting post today on The Pipeline: Commercial bReal Estate/b Round Up for 2.05.09 b…/bHere’s a short outlineREM Properties purchased the Shoppes at Bell Creek from private investors for $9.5 million. The 65800-square-foot shopping center is located on Bell Creek Road. […]