Pipeline: Commercial Real Estate Round Up for 12.03.10

CB Richard Ellis reports the following deals:

Gator Development purchased the 27,000 square foot industrial building at 1400 Commerce Rd. in Richmond from Sauers Properties for $450,000.

LifeNet leased 10,670 square feet at  3609 Saunders Ave in the City of Richmond.

Grayco leased 7,098 square feet at  5004 Monument Ave in Henrico County.

American Infrastructure Va, Inc. leased 6,400 square feet at 6020 & 6040 Midlothian Tpke. in the City of Richmond.

Grubb & Ellis | Harrison &  Bates reports the following deals:

RF&P Federal Credit Union purchased 5,000 square feet at 6003 & 6001 Staples Mill Road in Henrico from 6011 Staples Mill Road, LLC for $836,000.

Baker Roofing Company purchased 3,255 square feet at 1800 Battery Dantzler Road in Chesterfield from Airproducts & Chemicals, Inc. for $485,000.

Best Uniforms, Inc. leased 7,050 square feet at 2122 Tomlyn Street in Henrico.

Harvard Research & Consulting leased 6,240 square feet at 9303 & 9305 Burge Avenue in Chesterfield.

Chase Benefit Advisors leased 3,171 square feet at 4801 Cox Road in Henrico

The Hair Place leased 1,300 square feet at Chippenham Square, 7479 Midlothian Tpke in Chesterfield.

J. Christopher LeGow, Esq. leased 1,284 square feet at 707 E. Main Street in Richmond.

Thalhimer reports the following deals:

Andrew Jackson, LLC purchased two adjacent condominium units totaling 3,491 square feet from Westerre LP for $475,000 as an investment.

623 North, LLC purchased the approx. 3,160 square foot former restaurant building at 623 N. 23 St.  from the lender for $157,500 as an investment, with plans to renovate and reopen operations with a local restaurant operator.

Commonwealth Commercial Partners, Inc. reports the following deals:

EGRTV, LLC sold 12506 River Road in Goochland County to REBA, LC for $440,000.00.

Atlee Chiropractic Center, P.C. leased 1,300 square feet at Atlee Square Shopping Center in Hanover County.

The Carter Agency, Inc. leased 975 square feet at Atlee Square Shopping Center in Hanover County.

S.L. Nusbaum Realty reports the following deals:

Awful Arthur’s Seafood Restaurant has leased 4,040 square feet of retail space at Sycamore Square Shopping Center in Midlothian, VA. Bob Butcher represented the landlord.

CB Richard Ellis reports the following deals:

Gator Development purchased the 27,000 square foot industrial building at 1400 Commerce Rd. in Richmond from Sauers Properties for $450,000.

LifeNet leased 10,670 square feet at  3609 Saunders Ave in the City of Richmond.

Grayco leased 7,098 square feet at  5004 Monument Ave in Henrico County.

American Infrastructure Va, Inc. leased 6,400 square feet at 6020 & 6040 Midlothian Tpke. in the City of Richmond.

Grubb & Ellis | Harrison &  Bates reports the following deals:

RF&P Federal Credit Union purchased 5,000 square feet at 6003 & 6001 Staples Mill Road in Henrico from 6011 Staples Mill Road, LLC for $836,000.

Baker Roofing Company purchased 3,255 square feet at 1800 Battery Dantzler Road in Chesterfield from Airproducts & Chemicals, Inc. for $485,000.

Best Uniforms, Inc. leased 7,050 square feet at 2122 Tomlyn Street in Henrico.

Harvard Research & Consulting leased 6,240 square feet at 9303 & 9305 Burge Avenue in Chesterfield.

Chase Benefit Advisors leased 3,171 square feet at 4801 Cox Road in Henrico

The Hair Place leased 1,300 square feet at Chippenham Square, 7479 Midlothian Tpke in Chesterfield.

J. Christopher LeGow, Esq. leased 1,284 square feet at 707 E. Main Street in Richmond.

Thalhimer reports the following deals:

Andrew Jackson, LLC purchased two adjacent condominium units totaling 3,491 square feet from Westerre LP for $475,000 as an investment.

623 North, LLC purchased the approx. 3,160 square foot former restaurant building at 623 N. 23 St.  from the lender for $157,500 as an investment, with plans to renovate and reopen operations with a local restaurant operator.

Commonwealth Commercial Partners, Inc. reports the following deals:

EGRTV, LLC sold 12506 River Road in Goochland County to REBA, LC for $440,000.00.

Atlee Chiropractic Center, P.C. leased 1,300 square feet at Atlee Square Shopping Center in Hanover County.

The Carter Agency, Inc. leased 975 square feet at Atlee Square Shopping Center in Hanover County.

S.L. Nusbaum Realty reports the following deals:

Awful Arthur’s Seafood Restaurant has leased 4,040 square feet of retail space at Sycamore Square Shopping Center in Midlothian, VA. Bob Butcher represented the landlord.

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Bert
Bert
13 years ago

That’s a huge amount of real estate investment. Real estate in U.S are now doing great and it is time to be back on real estate investment again.

Jeff Weisman
Jeff Weisman
13 years ago

Bert- you are mistaken…………………….the Real estate market (values) is going down. Most of these buildings are being leased —-what matters is the buildings that are being sold now will be worth a lot less next year and the year after and the year after, etc, etc………………