The Pipeline: Commercial real estate roundup for 8.20.21

TOP THREE SALES:

No. 1: Hem & Spire LLC purchased 53,392 square feet at 1300 Mactavish Ave. in Richmond for $10.8 million from ADC II LLC. Catharine Spangler and Jeff Cooke with Cushman & Wakefield | Thalhimer represented the seller.

No. 2: Ruffin Mill LLC purchased 17,235 square feet at 3452 Anderson Highway in Powhatan for $4.325 million from JWN Properties. Nathan Shor, Elliot Warsof, Thomas Langston, Chris Zarpas and Mike Zarpas with S. L. Nusbaum Realty represented the seller.

No. 3: Old Washington Highwa, LLC purchased 32,000 square feet on 5.32 acres at 10441 Washington Highway in Henrico for $2.9 million from G&G Motorcycles. Ben Bruni and David Williams with Commonwealth Commercial Partners represented the seller.

TOP THREE LEASES

No. 1: Technology Integration Group expanded by 12,667 square feet at 8040 Villa Park Drive in Henrico. Graham Stoneburner and Mark E. Douglas with Cushman & Wakefield | Thalhimer represented the landlord.

No. 2: Sleeping Dog Ltd. leased 8,100 square feet at 1329 E. Cary St. in Richmond. Kit Tyler and Michael Good with Commonwealth Commercial Partners represented the landlord.

No. 3: Holland & Knight LLP leased 5,830 square feet at 200 S. 10th St. in Richmond. Madeleine Alderman and Trib Sutton with Divaris Real Estate represented the sub-landlord.

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Cushman & Wakefield | Thalhimer reports the following deals:

Jonathan C. Kinney Trustee purchased 79 acres at I-64 and Eltham Road in New Kent for $950,000 from Lewis C. Burrell Estate. Pete Waldbauer represented the seller.

Breez-In Associates purchased 2,133 square feet at 4105 S. Laburnum Ave. in Henrico for $1,175,000 from SHB Properties. Pete Waldbauer represented the seller.

Green Leaf Medical of Virginia leased 5,636 square feet at 3100 W. Cary St. in Richmond. Nicki Jassy represented the tenant.

Xhale Smoke and Vape leased 1,600 square feet at 12100 Bermuda Crossroads Lane in Chesterfield. Alex T. Wotring and Reilly Marchant represented the landlord and Pamela H. Strieffler represented the tenant.

Crumbl Cookies leased 1,200 square feet at 9645 W. Broad St. in Henrico. Annie O’Connor and James Ashby IV represented the landlord.

CBRE reports the following deals:

Clay Street Station LLC purchased 0.4 acres at 1120 W. Clay St. in Richmond for $1.6 million from Dominion Energy. Chris Wallace, Andrew Ferguson and Jason Hetherington represented the seller.

1st & Goal Chester Properties purchased 3,581 square feet at 2520 W. Hundred Road in Chesterfield for $1.25 million from Northern 1031 Exchange LLC. Susan Jones represented the seller.

Divaris Real Estate reports the following deals:

LoveEvolve LLC leased 1,150 square feet at 5007B Huguenot Road in Henrico. Ali McCrickard and Brett McNamee represented the landlord.

Token Rhyme leased 1,700 square feet at 6521-6801 Lake Harbour Drive in Chesterfield. Sara Goodall and Madeleine Alderman represented the landlord.

Just Picture It leased 3,750 square feet at 507 E. Southside Plaza in Richmond. Jimmy Cunneen and Loretta Cataldi represented the landlord.

KCG Development purchased 12.27 acres at 6850 Atmore Drive in Richmond for $725,000 from FW Properties II. Cheryle Toy and Read Goode represented the buyer.

Roseneath Holdings purchased 0.398 acres at 1710 Mactavish Ave. in Richmond for $1,731,900 from Maggie May LLC. Cheryle Toy and Read Goode represented the buyer.

NMS Glen Allen Property purchased 1.177 acres at 10151 Brook Road in Henrico for $2.5 million from 10151 Brook Glen Allen LLC. Loretta Cataldi represented the seller.

Commonwealth Commercial Partners reports the following deal:

40 Wellness LLC dba Hand & Stone leased 590 square feet at 5300 Hickory Park Drive in Henrico. Eric Hammond and Michael Good represented the landlord.

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