The Pipeline: Commercial Real Estate Round Up for 5.8.09

Thalhimer reports R.E. Michel Company, a wholesale HVAC distributor, purchased the 20,500-square-foot industrial property at 601 Johnston Willis Drive in Chesterfield from K.B. Properties LLC for $1.625 million. R.E Michel, plans to relocate their distribution operations to this location.

Andrew Todd Properties LLC purchased the 5,900-square-foot office building at 2310 W. Main St. in Richmond from Rich 6 LLC for $402,500.

Grubb & Ellis | Harrison & Bates reports DHL Express leased 20,100 square feet at 8800 Park Central Drive in Henrico.

Extreme Fitness leased 12,600 square feet at 3700 Williamsburg Road in Henrico.

Apex Companies, an engineering firm, leased 7,300 square feet at 203 Wylderose Court in Chesterfield.

Commonwealth Commercial Partners reports Circle LLC leased 8,000 square feet at 4490 Cox Road in Henrico.

Fidelity National Title Insurance Company leased 14,000 square feet at 7130 Glen Forest Drive in Henrico.

Taylor Long Properties reports Overflow International Church Ministry and Connor Ministries leased 3,300 square feet at the Rockwood Office Park at 9507 Hull Street Road in Richmond.

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11 years ago

It seems like you guys have reported quite a few Innsbrook leases over the last month or so. I wonder if the park is really as unhealthy as the brokers’ market reports claim.

Keep up the great reporting!